2024 election EET

Economy
- Signed the $1.9 trillion American Rescue Plan and the $485 billion Inflation Reduction Plan, adding millions from the Treasury into the economy.
- Has overseen a federal reserve rate hike of 5 percent in attempts to quell inflation, which hit 9.1 percent at its highest point. Consumer prices have increased 4.5 percent.
- Supports raising the debt ceiling.
- Canceled the Keystone XL pipeline project and provided incentives to "green energy" initiatives that focus on reducing carbon emissions.
- Raised the minimum wage to $15 per hour for federal contractors.
- Has pledged to "invest in racial justice."
- Is exploring a central bank digital currency.
Taxes
- Biden's FY 2024 budget ...
- Hikes the corporate tax rate from 21 percent to 28 percent.
- Raises the capital gains tax on incomes greater than $1 million from 20 percent to 39.6 percent.
- Increases the income tax rate from 37 percent to 39.6 percent for Americans earning more than $400,000.
- Hikes the tax rate on foreign earnings of U.S. companies from 10.5 percent to 21 percent.
- Debuts a 25 percent minimum tax on people with income and assets of more than $100 million.
- Proposes an excise tax to charge cryptomining operations 30 percent of their energy costs.
- Added 87,000 IRS agents.
Governance
- Has signed 114 executive orders as of May 7, 2023—a similar number per year as Trump.
- Imposed a vaccine mandate on all federal employees and castigated unvaccinated people.
- Imposed a mask-wearing mandate in all federal spaces.
- Banned entry into the United States for foreign visitors who were unvaccinated. This wasn't enforced for illegal border-crossers.
- Supports "diversity, equity, inclusion" goals and quotas for government agencies.
- Opposes voter ID laws and supports automatic voter registration, same-day voter registration, early voting, and universal vote-from-home and vote-by-mail options.
- Supports making the District of Columbia the 51st state.
First Amendment
- Created the short-lived "Disinformation Governance Board" in April 2022 under the Department of Homeland Security, to combat online “disinformation” on COVID-19 and election issues.
- The Department of Justice was accused of targeting parents who protested at school board meetings and labeling them as "domestic terrorists," which Attorney General Merrick Garland denied.
- According to the Twitter Files, the Biden administration has participated in a clandestine censorship arrangement with social media companies.
Second Amendment
- Called for Congress to send him "a bill banning assault weapons and high-capacity magazines. Enacting universal background checks. Requiring safe storage. Ending immunity for gun manufacturers," adding that he would "sign it immediately.”
- Signed a bill into law in June 2022 that includes the expansion of federal background checks for buyers aged 18 to 21 and adds incentives for states to adopt so-called red flag laws. It also provides $15 billion over the next five years to expand access to mental health programs and enhance school security. Parts of the law are being challenged in court.
- Biden's ATF enacted a pistol brace rule, which is being challenged. It also banned firearms and firearms kits without serial numbers.
Health Care
- Says health care is a "right, not a privilege."
- Expanded the Affordable Care Act and Medicaid by executive order to provide free coverage to more low-income and uninsured people.
- Increased funding to the U.N. Sustainable Development Agenda for global "universal health coverage."
- Supports a federal law codifying abortion as a woman's right, and restored federal funding to Planned Parenthood.
- Added $200 million to scale up the 988 suicide and crisis lifeline.
- Signed a bill funding the expansion of mental health services at schools.
- Opposes any state government restrictions to "gender-affirming care" for minors.
Education
- Is pushing for billions in student loan forgiveness, including canceling debt for 20 million borrowers. The move is currently being litigated.
- Advocated to keep schools closed during COVID-19.
- Supports universal, free preschool and an expansion to the Head Start program.
- Supports an increase in Pell grant funding for low- and middle-income college students.
- Supports expansion of free community college.
- Directed schools to allow students to use bathrooms, locker rooms, and join sports teams that correspond with their "gender identity." Was blocked by a judge.
Border Security & Immigration
- Signed a handful of executive orders on his first day in office that halted border wall construction, reversed the ban on travel from terror-prone countries, suspended deportations of illegal immigrants, stopped the “Remain in Mexico” program, and strengthened the DACA program for children who were brought over illegally.
- Released a sweeping immigration package to Congress that included amnesty for millions of illegal immigrants.
- Has overseen the largest influx of illegal immigrants in U.S. history. More than 1.6 million illegal aliens were apprehended in fiscal 2021 and 2.2 million in fiscal 2022. In fiscal 2020, there were just over 400,000 apprehensions.
- Has largely taken the position that the border is secure.
Foreign Affairs
- Rejoined the Paris Climate Accord that Trump had exited.
- Rejoined WHO and increased U.S. funding to it. Biden supports ceding authority to WHO during a pandemic or "potential" global health crisis.
- Rejoined the U.N. Human Rights Council and the U.N. Population Fund.
- Expanded international aid and committed to the U.N. sustainable development goals.
- Supports rejoining the Iran nuclear deal, if Iran is in compliance.
- Has overseen the largest move away from the U.S. dollar as the global reserve currency, with the new BRICS nations pledging to support the Chinese yuan.
- Does not support Taiwan independence from China.
China
- Biden promotes “strategic competition” with China while pursuing cooperation in some areas, particularly climate change.
- He has approved billions of dollars to boost U.S. semiconductor manufacturing, kept many of Trump’s restrictions on China, and tightened controls on the flow of sensitive technology that aids China’s military.
- Diplomatic channels between the two countries have mostly frozen up after a Chinese spy balloon breached U.S. airspace in February, but Biden in May 2023 said he expects the relationship to “begin to thaw.”
- Regarding Taiwan, in May 2023 Biden said, "There is clear understanding among most of our allies that in fact, if China were to act unilaterally, there would be a response.”
- The DOJ has continued a Trump-era initiative to crack down on CCP espionage, transnational repression, and tech theft.
Military
- Continues to face criticism for the chaotic 2021 withdrawal of troops and personnel from Afghanistan, where 13 Americans were killed and hundreds more were stranded.
- Left behind $7 billion worth of military weapons and equipment in Afghanistan.
- Is pushing for the U.S. military to have an all-electric fleet by 2030 as part of an initiative to make vehicles “climate friendly.”
- Reversed Trump’s ban on people who identify as transgender joining the military.
- Has overseen recruitment decline in some branches of the military; lowered entry standards.
War in Ukraine
- Biden has unreservedly supported Ukraine and has favored arming Ukraine rather than prioritizing peace talks.
- Under Biden, the United States is the primary source of arms for Ukraine amid Russia’s ongoing invasion.
- Congress has approved more than $113 billion in military, economic, and humanitarian assistance to Ukraine since the war began in February 2021.
- Biden said in March 2022 that Russian President Vladimir Putin "cannot remain in power," which the White House later walked back.
Law Enforcement & Criminal Justice
- Signed three bipartisan bills in November 2021 that support law enforcement and first responders. The measures include support for mental health resources for law enforcement and support for firefighters, EMTs, and other law enforcement who are disabled or killed in the line of duty.
- Signed an executive order in 2022 that includes a ban on chokeholds, tightens use-of-force criteria, launches a federal use-of-force and misconduct database, and mandates anti-bias training.
- Urged Congress to pass the Democrat-led George Floyd Justice in Policing Act, which passed in the House but stalled in the Senate. It would have eliminated qualified immunity for law enforcement and addressed use-of-force issues and "racial bias" in policing.
Environment
- Has placed "climate change" and "climate justice" as centerpieces of his administration.
- Pledges to cut emissions in half by 2030 and become net-zero by 2050.
- Is mandating an all-electric federal vehicle fleet.
- Wants to build a national charging network for electric vehicles.
- Has placed strict emissions caps on light- and medium-duty vehicles by 2027 to force electric vehicle transition.
- Is accelerating offshore wind projects, as well as expanded solar.
- Canceled the Keystone XL pipeline project and restricted the fossil fuel industry.
- Reinstated and expanded the EPA's "Waters of the United States" rule, which federally regulates waterways, including on private land. Most states have sued over it.
Infrastructure & Housing
- Signed the $1 trillion INVEST in America Act in November 2021. The legislation includes $110 billion to build and repair bridges and roads, $66 billion to refurbish passenger and freight railways, $65 billion to expand high-speed internet, $65 billion to update power grids, and $42 billion to modernize airports and ports.
- Plans to build a national network of charging stations for electric vehicles.
- Has overseen a doubling of mortgage interest rates.
- Launched a new measure on May 1, 2023, that forces homebuyers with higher credit scores to pay higher mortgage rates and fees to subsidize homebuyers who have riskier credit ratings.
- Invested $2.5 billion in projects focused on reducing and preventing homelessness.
- Increased funding and incentives for affordable housing.
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