What President Biden has done - Year Two

  • Makes sexual harassment in the military a crime
  • Economy grows faster than China’s for 1st time in 20 years - Strongest economic growth since 1984
  • Limits the release of mercury from coal-burning power plants
  • Kills ISIS leader Abu Ibrahim al-Hashimi al-Qurayshi
  • $5 billion for electric vehicle chargers
  • Gives $7 billion in frozen Afghanistan funds to compensate 9/11 victims and provide humanitarian aid
  • Posts $119 billion budget surplus in January; first in over 2 years
  • Unites world against Russia aggression
  • Imposes stiff sanctions to stifle Russian economy
  • Led the Western world in defending Ukraine against Russia’s invasion
  • Ends forced arbitration in sexual assault cases in the workplace
  • Reinstates California authority to set pollution standards for cars
  • Ends asylum restrictions for children traveling alone
  • Clarifies the role of podiatric medicine for Veterans
  • Reauthorizes and strengthens the Violence Against Women Act
  • Creates Amache National Historic Site as America’s newest national park
  • Makes lynching a federal crime
  • Initiates “use it, or lose it” policy on drilling on public lands to force oil companies to increase production
  • Releases one million barrels of oil a day for 6 months from strategic reserves to ease gas prices
  • Rescinds Trump-era policy allowing rapid expulsion of migrants at border and blocks them from seeking asylum
  • Expunges student loan defaults
  • Overhauled the US Postal Service’s finances to allow the agency to modernize its service
  • Requires federal dollars spent on infrastructure to use materials made in America
  • Restores environmental reviews for major infrastructure projects
  • Launches $6 billion effort to save distressed nuclear plants
  • Provides $385 million to help families and individuals with home energy costs through the Low Income Home Energy Assistance Program. This is in addition to $4.5 billion provided in the American Rescue Plan.
  • Establishes national registry of police officers who are fired for misconduct
  • Lifts sanctions on the Rojava and other opposition-held territory in Syria
  • Tightens restrictions on chokeholds, no-knock warrants, and transfer of military equipment to police departments
  • Requires all federal Law enforcement officers to wear body cameras
  • $265 million for South Florida reservoir, key component of Everglades restoration
  • Major wind farm project off West coast to provide electricity for 1.5 million homes
  • Continues Obama administration’s practice of posting log records of visitors to White House
  • Devotes $2.1 billion to strengthen US food supply chain
  • Round 6 student loan debt cancelation: $5.8 billion - This is in addition to $20.7 billion previously cancelled
  • Invokes Defense Production Act to rapidly expand domestic production of critical clean energy technologies
  • Enacts two-year pause of anti-circumvention tariffs on solar
  • Allocates funds to federal agencies to counter 300-plus anti-LGBTQ laws by state lawmakers this year alone
  • Round 7 of student loan cancellation: $6 billion to 200,000 defrauded borrowers - Bringing total to $31 billion
  • Relaunches cancer ‘moonshot’ initiative to help cut death rate
  • Expands access to emergency contraception and long-acting reversible contraception
  • Prevents states from banning Mifepristone – a medication used to end early pregnancy that has FDA approval
  • Steps to ensure the safety of those seeking and providing abortion care, including by protecting mobile clinics
  • Protecting privacy, safety and security of patients, providers and clinics
  • 21 executive actions to reduce gun violence
  • Climate Smart Buildings Initiative: Creates public-private partnerships to modernize Federal buildings to meet agencies’ missions, create good-paying jobs, and cut greenhouse gas (GHG) emissions - Paying for today’s needed renovations with tomorrow’s energy savings without requiring upfront taxpayer funding
  • Safeguards access to health care, including the right to choose and contraception
  • Oversees effort to admit Finland and Sweden to NATO
  • Ends Trump-era “Remain in Mexico” policy
  • Operation Fly-Formula bringing needed baby formula – (19 missions to date)
  • Executive order protecting travel for abortion
  • Kills Al Qaeda leader and 9/11 architect Al-Zawahiri with no civilian casualties
  • Invested more in crime control and prevention than any president in history
  • As of August 2022, unemployment at 3.5% (50 year low)
  • Gas Prices drop below $4 a gallon
  • Provides death, disability, and education benefits to public safety officers and survivors who are killed or injured in the line of duty
  • Round 8 of student loan cancellation: $3.4 Billion dollars of defrauded IT student loans have been cancelled
  • Reunites 400 migrant families separated under Trump
  • $1.66 billion in grants to transit agencies, territories, and states to invest in 150 bus fleets and facilities
  • Brokers joint US/Mexico infrastructure project - Mexico to pay $1.5 billion for US border security and processing source says
  • Blocked 4 hospital mergers that would’ve driven up prices and is poised to thwart more anti-competition consolidation attempts
  • Gets $1.5 billion in new border control security at the border and got Mexico to pay for it
  • Historic Police Reform (Reddit link)

FIRST MAJOR GUN LEGISLATION IN 30 YEARS

  • $750 million to implement and run crisis intervention programs
  • Ended boyfriend loophole – Previously only married people convicted of domestic abuse were banned from owning firearms. The new law extends it to people who are dating
  • Requires gun sellers to register as Federally Licensed Firearm Dealers
  • More thorough reviews of people ages 18-21 who want to buy guns
  • New statutes against gun trafficking and straw trafficking
  • Increases funding for mental health programs and school security

THE PACT ACT

  • Ensures high-quality health care screenings and services to veterans exposed to potential toxic exposure
  • Extends period of time veterans have to enroll in VA health care from 5 to 10 years post discharge
  • Codifies VA’s new process for evaluating and determining exposure and service connection for various chronic conditions
  • Removes need for certain veterans and their survivors to prove service connection if diagnosed with one of 23 specific conditions
  • Requires VA to conduct new studies of veterans health trends
  • Provides critical resources to VA to ensure delivery of
  • Invests in VA health care facilities by authorizing 31 major medical health clinics and research facilities in 19 states

THE CHIPS ACT

  • Provides $52.7 billion to secure domestic supply of American made semi-conductor chips, create tens of thousands of good-paying, union construction jobs and thousands more high-skilled manufacturing jobs, and catalyze hundreds of billions more in private
  • $39 billion in manufacturing incentives
  • $2 billion for the legacy chips used in automobiles and defense systems
  • $13.2 billion in R&D and workforce development
  • $500 million to provide international information communications technology security and semiconductor supply chain activities
  • Provides a 25 percent investment tax credit for capital expenses for manufacturing of semiconductors and related equipment

THE INFLATION REDUCTION ACT OF 2022

Climate:

  • Largest climate investment in history - Will reduce 40% amount of carbon released into atmosphere by 2030
  • Defines greenhouse gases as a pollutant making them subjected to pollution laws
  • $370 billion for U.S. energy security and fighting climate change
  • Tax incentives for switching to electricity to power homes and vehicles
  • $60 billion invested creating millions of new domestic clean manufacturing jobs and 550,000 new clean energy jobs
  • Will quadruple the number of solar panels over the next 8 years
  • Cuts energy bills by $500 to $1,000 per year
  • Doubles battery storage on the grid
  • Invests in disadvantaged communities

Health:

  • $62 billion to extend subsidies for health insurance under the ACA
  • Provides free vaccines (2023), $35/month insulin for Medicare patients, (2023) and caps out-of-pocket drug costs to an estimated $4,000 or less in 2024 and settling at $2,000 in 2025
  • Lowers health care costs of the average enrollee $800/year in the ACA marketplace
  • Allows Medicare to negotiate 100 drugs over the next decade, and requires drug companies to rebate price increases higher than inflation

Inflation Reduction:

  • Significantly Lowers energy and health care costs for families
  • Reduces Deficit by $313,000,000,000
  • Closes tax loopholes used by wealthy: a 15% corporate minimum tax, a 1% fee on stock buybacks and enhanced IRS enforcement
  • Protects families and small business making under $400,000 a year

The Cost

  • $485 billion of new costs would be offset with $790 billion of additional revenue and savings over a decade.

Total Revenue Raised: $737 billion

  • 15% Minimum tax on corporations with profits exceeding $1 billion
  • Prescription Drug Pricing Reform: $265 billion
  • IRS Tax Enforcement: $124 billion
  • 1% Stock Buybacks Fee: $74 billion
  • Loss Limitation extension: $ 52 billion

Deficit Reduction:

  • $313 billion dollars

STUDENT LOAN FORGIVENESS (Round 8 and by far the largest)

  • $20,000 for everyone with Pell Grants
  • $10,000 for everyone else making less than $125,000 for individuals & $250,000 married couples
  • Payments again paused until the end of 2022
  • Payments for undergrad loans capped at 5% of your income (previously was 10%)
  • This is addition to the 8 previous rounds of debt cancellation totally $35 billion
  • 20-40 million people will benefit
  • Codifies DACA into law - Allows dreamers (children of immigrants born in US) ability to work and stay in US

Declares Moonshot Style Effort to Cure Cancer

  • Hires Dr. Renee Wegrzyn as the inaugural Director of ARPA-H, a new agency to drive biomedical innovation
  • Launches National Biotechnology and Manufacturing Initiative
  • Cancer Cabinet’s progress towards delivering cancer detection tech and support for researchers across US
  • Infrastructure Projects in Individual States Created by Infrastructure Bill
  • All-Time Low Uninsured rate
  • 10 million jobs—more than ever created before at this point of a presidency
  • 3.5% unemployment rate—a near record low in the history of this country Thanks
  • Best Economic growth in over two decades (yes that has been adjusted for inflation)
  • More than 220 million Americans were vaccinated
  • Record small business creation
  • Round nine of student loan forgiveness - $1.5 Billion for defrauded college borrowers
  • Biden created DOJ task force dismantles human smuggling organization near Texas-American border
  • Intervened to prevent nation-wide rail strike which would have caused national economic disaster
  • Blocks Chinese investments in US tech
  • Eliminates statute of limitations for civil suits for people who were sexually abused as minors
  • Pardons thousands for simple possession of marijuana
  • Reevaluating how cannabis is classified. Currently it is schedule I like heroin - Meth & coke are schedule II
  • Reunited over 500 families separated at the border by Trump policies
  • Puts new limits on drone strikes including requiring the presidential approval
  • Brokered deal between Israel and Lebanon ending maritime boundary dispute and establish a permanent maritime boundary between them
  • PAWS Act: Requires zoos, commercial animal dealers, and research facilities to have contingency plans in place to evacuate and care for animals in an emergency or disaster situation
  • Increases veterans’’ life insurance benefit coverage to $500,000. First increase in 17 years
  • Ensures US is not funding or participating in human trafficking of 3rd world-country workers through our contracts overseas
  • Enacts aggressive steps to improve quality of nursing homes
  • Codifies Gay Marriage into law - Protects Same-Sex and Interracial Marriage
  • Prohibits private possession of big cats and prohibits exhibitors from allowing direct contact with cubs
  • Electrifies US Postal trucks by 2026
  • Stops the forcing out of pregnant workers, or denying reasonable accommodations
  • Extended health care funding for the 9/11 first-responders and survivors
  • Streamlined Veterans home loans, provided way to transfer GI Bill benefits to new school, and provided support for survivors of military sexual trauma.

Year Two Accomplishments:

  • 4.5 million jobs added in year two - Over 11 million jobs added in first two years
  • Unemployment rate at 50 year low
  • Cuts budget deficit in half - $1.4 trillion deficit reduction is the largest single-year reduction in US history
  • Greatest year in history for new small business applications - (over 10 million new businesses created)
  • Record number of Americans having health insurance
  • This Senate has confirmed 97 federal judges
  • Limit China’s technological development breaking decades of federal policy and represents most aggressive American action yet to curtail Beijing’s economic and military rise
  • Appointed more black women to the court than any president in history
  • Brokers deal with 13 Indo-Pacific countries to coordinate supply chains to reduce dependence on China

ORIGINAL POST
Credit: /u/backpackwayne on Reddit

Link to Year One
Link to Year Three

Edits:
Formatting