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Showing posts with label State Of the Union. Show all posts
Showing posts with label State Of the Union. Show all posts

Friday, March 8, 2024

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State of the Union recap: President Joe Biden hits hard

By Ruzeki, Shadow News 

March 8, 2024 

On Thursday, President Joe Biden delivered his State of the Union address, his last before the 2024 presidential election. 

The president addressed a sweeping range of issues facing the nation and the world, from providing aid for Ukraine, humanitarian aid to Gaza, to expanding abortion rights. 

Generally, Biden told Americans from coast to coast that "The state of our union is strong and getting stronger.” 

But as the president seeks another term in office, he also repeatedly hit former President Donald Trump, whom he only referred to as his "predecessor." 

Rep. Ryan Zinke, R-Mont., said he was impressed by Joe Biden's energy on Thursday night, despite his age. The Montana lawmaker remarked that the president's energy was notably "high." 

President Joe Biden ended his SOTU speech by addressing Americans' well-documented concerns about his age, cracking a joke. 

“I know I may not look like it, but I’ve been around a while,” Biden quipped.

 

"Whether young or old, I’ve always known what endures,” Biden said.

 

“The very idea of America, that we are all created equal and deserve to be treated equally throughout our lives.” 

The president said he is still up to the task, citing his experience and wisdom. He seemed to draw a direct comparison to his predecessor and opponent, alluding to his belief that he and Donald Trump think different core values define America. 

“As commander-in-chief, I will not hesitate to direct further measures to protect our people and our military personnel,” Biden said. 

President Joe Biden warned the Houthis in Yemen that the U.S. will take any means necessary to protect commercial vessels in the Red Sea and minimize disruptions to global trade. 

"America is rising, we’re standing up against China’s unfair economic practices. We’re standing up for peace and stability across the Taiwan straits. Frankly, for all his tough talk on China, it never occurred to my predecessor to do any of that." Biden said. 

Relations with China have at least stabilized. But competition with the rival nation remains a top priority for the Biden administration. 

“Humanitarian assistance cannot be a secondary consideration or a bargaining chip. Protecting and saving innocent lives has to be a priority. As we look to the future, the only real solution to the Israel-Palestine conflict is a two-state solution over time.” Biden said. 

President Joe Biden rebuked Israel for the high death toll in Gaza(over 30,000 civilians massacred) and called for a temporary cease-fire in Israel's war in Gaza.

“None of this violates the Second Amendment or vilifies responsible gun owners. Meanwhile, my predecessor told the NRA he’s proud he did nothing on guns when he was president." Biden said. 

President Joe Biden told the joint session of Congress that he is demanding a ban on assault weapons and high-capacity magazines and urged lawmakers to pass universal background checks. 

“But unfortunately, politics have derailed it so far. I’m told my predecessor called Republicans in Congress and demanded they block thebipartisan border bill. He feels it would be a political win for me and a political loser for him." Biden said. 

President Biden talked about introducing a comprehensive plan to fix the immigration system, secure the border, and provide a pathway to citizenship for Dreamers. 

"There are forces taking us back in time. Voter suppression. Election subversion. Unlimited dark money. Extreme gerrymandering. It's time do to more than just talk. Pass the Freedom to Vote Act, the John Lewis Voting Rights Act!" Biden emphasized. 

In recognition of a dark moment in U.S. history, Biden pressed Congress to strengthen voter protections. 

“Restore the Child Tax Credit because no child should go hungry in this country,” Biden said. 

Biden said he would like to see a return of the expanded Child Tax Credit he approved during the pandemic. The credit enacted as part of his American Rescue Plan was only active in 2021.

Monday, May 8, 2023

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US debt limit: This is what happens if the United States default on its debt

By Ruzeki, Shadow News 
PHOTO: The U.S. Capitol Building is seen, Jan. 19, 2023 in Washington, DC.
PHOTO: The U.S. Capitol Building is seen, May 5, 2023 in Washington, DC. 

  • United States could default on its debt as soon as June 1 if the debt limit isn't raised. 
Millions of Americans who rely on federal payments to make ends meet, could be negatively impacted if the government is unable to pay its bills come June 1. 
If allowed to happen, economists agree the first debt default in U.S. history would be an economic catastrophe and could trigger a global financial crisis.  Allowing the U.S. to default on its debts would induce a self-inflicted recession.  
This week Treasury Secretary Janet Yellen put Congress on notice. In a letter to House Speaker Kevin McCarthy, R-Calif., she warned the U.S. could be unable to continue to satisfy all of the government's obligations by June 1 if Congress does not raise or suspend the debt limit before that time. 
The federal government would have to make hard decisions, like who gets paid and when, and the consequences would be far-reaching. 
  • Will Social Security be affected by debt ceiling?

Payments to 67 million Social Security beneficiaries could be halted. 
However, a 1996 law provides an escape clause that allows the Treasury Department to continue paying Social Security benefits, even if there is a delay in raising the debt ceiling. 
The law allows for the Social Security trust fund to be drawn down to keep those benefits flowing until the debt limit is raised, while prohibiting those funds from being used to pay for any other government programs. 
Analysts say the best defense for Americans is to keep their own financial house in order. They say having emergency savings on hand and paying down debt will be more important than ever. 
  • What else could be impacted? 

Payments on other U.S. obligations, including for Medicare and Medicaid, SNAP food assistance, veterans' benefits, housing assistance and school lunch programs would be at risk, inflicting pain on Americans across the country. 
The U.S. credit rating would most likely be downgraded, sending interest rates higher and making it more expensive for businesses and consumers to borrow money. 
Financial analysts say a credit market freeze could hurt the ability of U.S. companies to operate effectively.  
Additionally, Secretary Yellen warned that a debt default would harm the U.S. global leadership position, as world financial markets lose faith in the U.S. and its ability to pay its bills. 
The government would not have the money to pay back buyers of its bonds and other securities, causing the U.S. dollar to weaken and the stock market to tumble, hurting Americans' retirement savings and other investments. 
  • Debt limit could hurt jobs, unemployment

The damage would largely depend on how long the impasse lasts. 
According to the financial services company Moody's, if the default lasts for about a week, close to 1 million jobs would be lost, the unemployment rate would jump to about 5% and the economy would contract by nearly 0.6%. 
However, if the impasse drags on for six weeks, Moody's estimates more than 7 million jobs would be lost, the unemployment rate would soar above 8% and the economy would decline by more than 4%. 
  • How did the U.S. get here? 

The Biden Administration and House Republicans have been deadlocked in debt negotiations for months now. 
The House Republicans passed their own bill that slashes government spending in exchange for raising the debt ceiling, but President Biden has said he will not negotiate with them until spending talks are separated from the debt limit. 
A recent Washington Post poll finds broad worry about the consequences of default among Americans. 
A vast majority of respondents, 82%, are very or somewhat worried that a government default would damage the economy. 
Only 26% of Americans adopt Speaker Kevin McCarthy's position that Congress should allow the government to pay its debts only if the White House agrees to cut federal spending. 
Meanwhile, an overwhelming 65% agree with President Joe Biden's view that the issues of debt payment and federal spending should be handled separately. 

Wednesday, February 22, 2023

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The Russian President Vladimir Putin’s state of the nation speech

Moscow: The Russian President Vladimir Putin has just delivered a state of the nation address, assessing the special military operation in Ukraine as he ordered a year ago. 

President Vladimir Putin giving the state of the nation speech in Moscow.

Here are highlights from his address delivered on Tuesday to members of both houses of parliament, military commanders, soldiers and citizens: 

■ Russia is suspending its participation in the New START treaty. 

President Putin said he's forced to announce that Russia is suspending its participation in the strategic offensive arms treaty. 

The New START treaty was signed in Prague in 2010 by then President Barack Obama. It came into force the following year and was extended in 2021 for five more years after United States President Joe Biden took office. 

The treaty caps the number of strategic nuclear warheads that the United States and Russia can deploy, and the deployment of land and submarine-based missiles and bombers to deliver them. 

According to military experts and scientists, Russia has the largest stockpile of nuclear weapons in the world, with over 6,000 warheads. Together, Russia and the US hold about 90 percent of the world’s nuclear warheads – enough to completely destroy the earth. 

■ A watershed moment for our country. 

Mr Putin stated he was making the address at a difficult time, a watershed moment for Russia, a time of cardinal, irreversible changes around the world, the most important historic events that will shape the future of Russia and its people, when each of them bears a colossal responsibility. 

■ Western nations trying to ‘distract people’s attention’. 

President Putin said the West is trying to use the principles of democracy and freedom to defend their totalitarian values and to distract people’s attention from corruption scandalsand even from economic-social problems. 

■ Responsibility is on West and Ukrainian elite. 

In his address, Mr Putin emphasized that the responsibility is on the West and the Ukrainian elite and government, which does not serve the national interest, but [rather serves the interest] of third countries [which] use Ukraine as a military base to fight Russia. 

He continued to say that the more the West send weapons to Ukraine, the more Russia will have the responsibility of the security situation at the Russian border. This is a natural response. 

■ We don’t fight the Ukrainian people. 

President Putin confirmed that Russia don’t fight with the Ukrainian people. The Ukrainians became hostages of the corrupt Kyiv regime that occupied Ukraine both economically and politically. Over years, Kyiv has been doing everything to bring this degradation … The Kyiv regime is using its people, it’s sad but true. 

■ Donbas subjected to ‘undisguised hatred’. 

Mr Putin said that they will resolve the tasks facing Russia. Since 2014, the people of the Donbas region have been fighting, defending their right to live on their own land, to speak their native language. 

They fought and did not give up in the conditions of blockade and constant shelling, undisguised hatred on the part of the Kyiv regime. They believed and expected that Russia would come to their rescue. 

Meanwhile, Russia did their best to solve this problem by peaceful means. It patiently tried to negotiate a peaceful way out of this most difficult conflict, but a completely different scenario was being prepared behind their backs. 

■ Reviving enterprises and jobs in occupied Ukrainian regions. 

Moscow has already begun and will continue to build up a large-scale programme for the socioeconomic recovery and development of these new subjects of the federation (territory annexed from Ukraine). We are talking about reviving enterprises and jobs in the ports of the Sea of Azov, which has again become an inland sea of Russia, and building new modern roads, as we did in Crimea. 

■ Putin understands how unbearably hard it is for families of killed soldiers. 

Mr Putin said he understood how difficult it was for families of the Russian soldiers who died fighting in Ukraine, and promised a “targeted support” with a new special fund. 

■ Child abuse all the way up to paedophilia … advertised as the norm’ in the West. 

President Putin said the West distort historical facts and constantly attack Russian culture, the Russian Orthodox Church, and other traditional religions of other countries. 

For example, as it became known, the Anglican Church is planning to consider the idea of a gender-neutral God … Millions of people in the West understand they are being led to a real spiritual catastrophe. 

Looking at what the West do to their own people: the destruction of families, of cultural and national identities and the perversion that is child abuse all the way up to paedophilia, are advertised as the norm … and priests are forced to bless same-sex marriages. 

Wednesday, February 8, 2023

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Takeaways from US President Joe Biden’s State of the Union address

By Ruzeki, Shadow News 

When US President Joe Biden took to the House Chamber on Tuesday for his annual State of the Union address, his message was one of unadulterated optimism – even in the face of open hostility. 

The spectacle of Biden smiling and offering a pointed riposte through multiple rounds of heckling from some House Republicans was, in many ways, an apt illustration of his presidency and a useful preview of his likely 2024 candidacy. 

Some Americans say he hasn’t accomplished much, a certain percentage of Democrats aren’t thrilled at the prospect of him running for reelection and he faces clear disdain from most Republicans. 

But Biden powered through. Delivering what was widely viewed as a test run for his reelection announcement, Biden claimed credit for progress made during his first two years in office while stressing the job isn’t finished. 

He faced sometimes-unruly Republicans, with whom he spiritedly sparred from the podium on spending cuts. The feisty display drew cheers inside the White House and offered the best preview to date of the energy Biden hopes to bring to the campaign trail soon. 

The speech carried a strain of populism rooted in strengthening the middle class – vintage Biden, but delivered at a pivotal moment for his political future. 

No president enters his State of the Union wanting to recite a laundry list of accomplishments and proposals, but – almost inevitably – the speech often veers in that direction. Biden’s was no different, even as the president sought to tie everything together with a refrain of “finish the job” – a phrase that appeared 12 times in his prepared text. 

Rather than tout any one accomplishment, however, Biden hoped to address the national mood, one that remains downbeat even as the economy improves and the country attempts to return to normal amid the Covid-19 pandemic. 

Here are six takeaways from Biden’s State of the Union: 

1. Biden spars with sometimes-unruly Republicans. 

In a room full of elected officials, identifying an adult shouldn’t be difficult. But heading into Tuesday’s speech, both Republican leaders and Biden’s team telegraphed a desire to act as the night’s “adult in the room” – the mature voice seeking common ground and lowering the temperature. 


For the first 45 minutes of Biden’s address, that appeared to be the play for both sides. But when Biden began castigating Republicans for plans that would slash Social Security and Medicare, the decorum dropped.

His accusations seemed to provoke Republicans, who lobbed accusations of “liar” from their seats in the chamber.

That in itself wasn’t unprecedented. What happened next was rarer: Biden leaned into the opening, responding and engaging his hecklers.

“I enjoy conversion,” he quipped, suggesting they were in agreement on the need to protect the programs for senior citizens.

For Biden, House Republicans act as a useful foil as he prepares to announce his intentions for 2024. His jousting on Tuesday was the best glimpse of how he’ll approach his candidacy, at least until a Republican opponent emerges from the GOP primary process. 

The House officials were thrilled by the off script back and forth.

“Couldn’t have written a better moment,” one official said.

More than the substantive back and forth, one official noted how it appeared to animate Biden in real time.

“He gets energy from his audience,” the official said. It’s not a new view on how Biden operates - his advisers constantly talk about how he finds his energy from engaging with people.

Biden and his team believe a serious focus on governing contrasts favorably with House Republicans, who they accuse of threatening to send the nation into default and piling up distractions as they investigate the president and his family. 

House Speaker Kevin McCarthy entered the speech vowing to treat President Biden respectfully – and urging his Republican colleagues to do the same. It was a tall order, given the loose grasp he has on his conference and the propensity from certain Republicans for stunts. 

As lawmakers like Georgia Rep. Marjorie Taylor Greene interrupted Biden, McCarthy was silent – but his glare into the crowd spoke for itself. Later he found himself shushing his conference multiple times at outbursts interrupted the president. 

2. Showing vigor. 

For the third year in a row, President Biden set the record for the oldest president to deliver an address to a joint session of Congress. It’s an underlying fact of his presidency: No one older has ever served. 

As President Biden prepares to ask voters to keep him in office until he is 86, it was critical he look and sound like someone who is able to keep doing the job. 

His delivery was energetic, even if he stumbled over a few of his prepared lines. When Republicans interrupted him, he responded quickly, deftly turning their heckles back around into challenges. 

Over the weekend at Camp David, aides set up a podium, microphone, lights and teleprompter in a conference room inside the Laurel Lodge for Biden to practice his speech with his team. The potential for hecklers was something White House officials had in mind as they prepared for the speech.

At the White House, a similar set up has been used in the Map Room to practice the address. 

Aides were focused on the message – but also the language, ensuring the speech lent itself to a vigorous presentation. After all, for many in Biden’s television audience, Tuesday’s speech was one of the only times they actually heard and saw the president this year.

3. Vintage Biden. 

Perhaps more than his previous two addresses to Congress, Tuesday’s speech was salted with riffs and lines that appear nearly every time he speaks: inherited wisdoms from his father, anecdotes about inequality and his views of the middle class. 

“So many of you feel like you’ve just been forgotten,” he said, directly appealing to a demographic that used to vote reliably for Democrats but has more recently turned to the GOP. 

Amid the economic upheaval of the past four decades, too many people have been left behind or treated like they’re invisible. Maybe that’s you, watching at home,” he said. “You wonder whether a path even exists anymore for you and your children to get ahead without moving away. I get that,” he said. 

Appearing for the first time in front of a divided Congress, Biden also leaned into his record working across the aisle – even as he faced heckling from Republicans. 

In many ways, both Biden and McCarthy hoped a more mature showing would set the tone for the next two years of divided government, even if they remain sharply divided on policy. 

"Mr. Speaker, I don’t want to ruin your reputation but I look forward to working together,” Biden said as he launched into his speech. 

He acknowledged that over the first years of his presidency “we disagreed plenty.” But he appealed to his political rivals for cooperation. 

“To my Republican friends, if we could work together in the last Congress, there is no reason we can’t work together in this Congress as well,” he said. 

4. Trying to connect. 

If there is one political conundrum Biden’s advisers are urgently working to solve, it is why so many Americans seem to believe he has accomplished so little. By all accounts, Biden has passed large, historic pieces of legislation that could have transformational effects on the US economy. But polls show large majorities aren’t feeling them. 

Biden hoped in his speech to bridge that gap, to demonstrate he cares about what Americans care about and to identify the problems he’s looking to fix. 

His focus on highly specific issues – like eliminating “junk fees” for consumers or reining in tech companies – are areas the White House believes will resonate with Americans who aren’t necessarily attuned to the ins-and-outs of Washington. 

At moments, his speech seemed tailor-made for a nation of annoyed consumers, down to annoyances about baggage fees on airlines and fine print on hotel bills. 

“Americans are tired of being played for suckers,” he said, listing off the litany of common grievances. 

But Biden and his team are acutely aware that simply telling people their lives are improving won’t cut it – they have to actually feel it. Many of the accomplishments Biden helped passed over the past two years are still in the implementation phase, making their effects elusive for now. 

President Biden seemed to acknowledge that when he urged lawmakers to extend a price cap on insulin – a benefit that is still coming into effect. 

5. China focus. 

The furious Republican backlash to Biden’s handling of a suspected Chinese spy balloon proved illustrative for many at the White House. 

China was included in the text of Biden’s speech well before the balloon slipped into American airspace. But the incursion, which has generated a diplomatic backlash from China and drawn second-guessing from Republicans, lent new urgency to Biden’s message about competing with Beijing. 

"Make no mistake: As we made clear last week, if China threatens our sovereignty, we will act to protect our country. And we did,” Biden said in his speech. 

Biden and his aides believe steps to counter China are one of the rare areas where he could find bipartisan support. He saw some success on that front with the passage of a law boosting US semiconductor production last year. 

Biden is sensitive to accusations he is weak on China, according to people around him, while still intent on stabilizing the world’s most important bilateral relationship. 

6. Republicans look to ‘new generation’. 

he GOP’s choice to deliver their response to Biden’s speech, Arkansas Gov. Sarah Huckabee Sanders, is – at 40 years old – the nation’s youngest governor. Half the president’s age, her selection was a clear choice to contrast a different generation of leaders. 

In part because she lacked an audience and in part because Biden was energetically provoked by Republicans in his own address, her speech was a far more staid affair than the State of the Union. Delivered solemnly from the governor’s mansion in Little Rock, the speech was instead a somewhat dark warning against Democratic policies she deemed “crazy,” a descriptor she used three times. 

“The dividing line in America is no longer between right or left,” she said. “The choice is between normal or crazy.” 

She accused the Biden administration of appearing “more interested in woke fantasies than the hard reality Americans face every day” and leaned heavily on culture war issues that she claimed her party “didn’t start and never wanted to fight.” 

And while she cited her tenure as White House press secretary to Donald Trump, she did not rely heavily on her association with the former president. 

Instead, she appeared to call for a changing of the guard – an appeal for generational change that could apply as much to Democrats and Biden as it could to Republicans and Trump. 

“It’s time for a new generation to lead. This is our moment. This is our opportunity,” she said.