Biden has battled inflation from the start, but critics say he helped fuel it with trillions of dollars in deficit spending during his four years in office.
President-elect Donald Trump has vowed to repeal Joe Biden's signature climate bill called the Inflation Reduction Act, which initially aimed at some $400 billion in new spending and tax cuts and credits at accelerating America's transition to a green energy economy.
He had just a single term to try to transform the nation's approach to energy, climate change, technology and jobs. What does he leave behind?
Any full repeal of the Inflation Reduction Act would have to pass both housesof Congress, where GOP lawmakers have been reluctant to completely discredit its benefits.
November's inflation report showed a moderate 2.7% annual increase, which may give the Federal Reserve reason to continue cutting interest rates.
Despite historic climate wins, environmental groups weren't energized by the Biden-Harris ticket. Expect that to shift under Trump.
The president is observing the traditions of a peaceful transfer of power, but his regrets and misgivings are evident
WASHINGTON – Reports of Joe Biden’s disappearing act have been ... I think it would be an economic disaster.” Inflation was the economic disaster that helped end Biden’s reelection bid ...
Before giving way to Donald Trump, President Biden is daring the GOP to eliminate his biggest wins and trying to take actions to preserve his agenda.
The Personal Consumption Expenditures index climbed by 0.1% in November on a month-over-month basis, the Bureau of Economic Analysis said in a statement Friday.
With a month left in the White House, U.S. President Joe Biden has a long list of foreign and domestic policy actions he hopes to get done before president-elect Donald Trump assumes office, where the Republican is expected to try to reverse much of Biden's record.
Producing and exporting U.S. fossil fuels for energy and national security is central to Trump's energy plan. Erasing Biden's energy policy is expected to be complicated.