President Biden’s Reelection Agenda: Completing His Vision

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President Biden’s Reelection Agenda: Completing His Vision

President Joe Biden’s reelection campaign revolves around a straightforward message: let him “finish the job.” But what exactly does this entail, and what remains on his agenda?

In contrast to the 2024 Republican front-runner, Donald Trump, who has been unveiling detailed plans for his potential presidency, Biden has yet to formally release his campaign’s agenda. However, his aspirations are no secret, as they were elaborated upon during his first term as a Democrat.

Among his key goals are reforms in child care, community college accessibility, and affordable prescription drugs. Additionally, Biden seeks to address civil rights issues, including safeguarding voting access, preventing police misconduct, and restoring abortion rights on a national level. His commitment to addressing gun violence, particularly through the ban on assault rifles, remains a priority.

However, achieving these objectives presents significant political challenges. Cooperation from Congress is essential, and many of these goals have encountered opposition on Capitol Hill. While Biden has secured bipartisan victories in infrastructure projects and support for the domestic computer chip industry, further progress hinges on Democrats winning substantial majorities in both the House and Senate.

Biden’s campaign exudes confidence in his agenda, framing the election as a choice between championing the middle class or serving the interests of the wealthy elite.

Additionally, the 2024 election’s outcome could reshape not only government policies but also the foundational institutions of the country.

Taxes: Balancing Ambitions and Fiscal Responsibility

Biden’s ambitious plans come with a hefty price tag, and he is determined not to increase the deficit. To achieve fiscal stability, he aims to raise taxes primarily on the wealthy.

One significant accomplishment during his first term was the implementation of a 15% minimum tax on companies with annual incomes exceeding $1 billion. His proposals include raising the top tax rate to 39.6%, increasing the corporate tax rate to 28%, and imposing a 4% tax on stock buybacks.

Biden also advocates for a minimum tax of 25% on the wealthiest Americans, encompassing not only income but also unrealized capital gains. However, achieving this “billionaire minimum income tax” faces obstacles in Congress, given Republican resistance to higher taxes.

Social Services and Healthcare: Building Back Better

Biden’s original plan, “Build Back Better,” aimed to reshape the federal government’s role in American lives dramatically. However, it was scaled down due to resistance from Senator Joe Manchin. The result was the “Inflation Reduction Act,” which includes incentives for clean energy and prescription drug cost limits, among other provisions.

In a potential second term, Biden intends to revisit the ideas left on the cutting room floor. This includes making two years of community college tuition-free, offering universal preschool, and capping child care costs at 7% of income for most families.

He also seeks to revive the expanded child tax credit, aiming to restore the pandemic-era boost to $3,000 for children over six and $3,600 for children under six.

Addressing the high cost of prescription drugs remains a priority, with Biden aiming to cap the monthly cost of insulin at $35 for all patients.

Gun Violence: Striving for Comprehensive Reform

Biden’s administration has recently established a dedicated office to combat gun violence, accompanied by legislation aimed at keeping firearms out of the hands of domestic abusers and dangerous individuals. However, his goal of banning assault weapons faces opposition from Republicans.

Another item on his agenda is universal background checks, which would enhance scrutiny of gun sales, including those conducted at gun shows and through unlicensed avenues.

Civil Rights: A Persistent Challenge

Biden took office amid national upheaval over issues of racism in policing and the future of democracy. While he promised landmark legislation to address these challenges, he encountered hurdles.

Bipartisan negotiations on policing reform failed to yield a deal, particularly concerning easing the ability to sue over misconduct allegations. Biden resorted to crafting executive orders, which primarily impact federal law enforcement and have limited influence on local departments.

Similarly, efforts to enact comprehensive voting rights legislation faced obstacles, with some Democratic members unwilling to bypass Senate filibuster rules.

Biden’s presidency was also marked by the Supreme Court’s decision to overturn Roe v. Wade, affecting nationwide access to abortion. Although this issue remains a campaign topic for Democrats, legislative success in Congress has been elusive.

Immigration: A Persistent Challenge

On his first day in office, Biden proposed an overhaul of the country’s immigration system, but the idea faced challenges in Congress. In a potential second term, he aims to revisit this issue, especially as the U.S.-Mexico border continues to be a focal point for migrants.

Biden’s goals include allowing undocumented individuals in the U.S. to apply for legal status and eventual citizenship. He also seeks to streamline and expand the visa process, particularly for foreign graduates of American universities, while bolstering border enforcement efforts.

Ukraine and Israel: Global Crises

Biden grapples with two ongoing conflicts—Russia’s invasion of Ukraine and the Israel-Hamas clash. The resolution of these crises will significantly impact his second term.

Biden intends to provide military support to Ukraine and Israel, considering it vital to U.S. national security interests. However, securing congressional approval for additional assistance presents challenges.

Both conflicts may require long-term U.S. involvement, with Biden seeking opportunities to advance a two-state solution in the Middle East.

Climate Change: Successes and Challenges

Addressing climate change has been a successful area for Biden, with substantial funding allocated in the Inflation Reduction Act. Initiatives focus on electric cars, clean energy, and stricter regulations for vehicles and power plants.

However, the U.S. is not yet on track to meet Biden’s ambitious greenhouse gas emissions reduction targets. Overcoming bureaucratic obstacles for energy projects remains a challenge, necessitating compromises with Republicans.

In sum, President Biden’s potential second term encompasses a wide-ranging agenda, from tax reform to civil rights, gun control, and climate change. Achieving these objectives will depend on cooperation from Congress and navigating political obstacles.

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More about Reelection Agenda

• President Biden’s Priorities – Official White House page outlining President Biden’s policy priorities.
• Biden’s Tax Reform Plans – A CNBC article detailing President Biden’s tax reform proposals.
• Biden’s Social Services and Healthcare Agenda – CNBC coverage of President Biden’s plans for social services and healthcare.
• Gun Control Initiatives – An overview of gun control measures and proposals in the United States.
• Civil Rights Agenda – An AP News article discussing President Biden’s civil rights agenda.
• Immigration Reform Goals – Reuters coverage of President Biden’s immigration reform plans.
• Global Crises and Foreign Policy – Reuters article on President Biden’s approach to global crises involving Ukraine and Israel.
• Climate Change Priorities – The Washington Post’s coverage of President Biden’s climate change agenda.