President Donald Trump rescinded an executive order issued by former President Joe Biden aimed at finding new models for lowering drug costs. Trump's action didn't affect the caps on seniors' drug costs or Medicare price negotiations that Biden signed into law.
President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for future manufacturing growth, and having brought down decades-high inflation without triggering a recession.
Shortly after Biden took office in January 2021, inflation began to surge. The Covid-19 pandemic and the supply-chain crisis that followed, combined with generous stimulus spending and Russia’s invasion of Ukraine in early 2022 had created a perfect storm of inflationary pressures that resulted in prices climbing faster than they had since the early 1980s.
White House reporter for the Washington Examiner, Christian Datoc, asked the final question at this term's first WH press briefing about the increasing cost of eggs. Press secretary Karoline Leavitt answered: "We also have seen the cost of everything -- not just eggs,
January, the Biden administration released its proposed Medicare Advantage rates in 2026. These are the rates that the government pays insurers for the program to provide low-cost, affordable plans for seniors.
President Trump at a rally in Las Vegas on Saturday promoted his "No Tax On Tips" proposal and talked about how the current tax system punishes workers in the food and beverage industry. "When I think of Biden,
It is report card time for the 46th president of the United States. Unfortunately for President Joe Biden, he does not make the grade.
Joe Biden is about to leave office with a series of missteps that have tainted his legacy as president, experts told Newsweek. Newsweek has contacted the White House for comment via email. Biden entered office in January 2021 with a promise to provide a sharp contrast what some perceived as a chaotic Donald Trump administration.
The dust has settled, but Americans still don't know who really ran things in the Biden White House. It's clear it wasn't the president. Here are the five likeliest possibilities.
As President Joe Biden gets ready to leave office, we consider his accomplishments, failures, and what his legacy will be.
Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal spending, experts say.
Inflation was a driving force behind Donald Trump’s election, but he’s put the issue on the back burner during his first week in office.