Search Results for: BID

President Biden visits Wisconsin to hail new Microsoft center on same site of Trump’s failed Foxconn project

President Joe Biden laced into Donald Trump on May 8, over a failed project in the previous administration that was supposed to bring thousands of new jobs into southeastern Wisconsin and trumpeted new economic investments under his watch that are coming to the same spot. That location in the battleground state will now be the site of a new data center from Microsoft, whose president credited the Biden administration’s economic policies for paving the way for the new investments. For President Biden, it offered another point of contrast between him and Trump, who had promised a $10 billion investment...

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Poisoning Democracy: Trump escalates his baseless rhetoric about President Biden and immigration

Disgraced and criminally indicted ex-president Donald Trump continues a non-stop escalation of his immigration rhetoric, with baseless accusations that President Joe Biden has waged a “conspiracy to overthrow the United States of America.” Trump has a long history of trying to turn attack lines back on his rivals in an attempt to diminish their impact. Biden has cast Trump as a threat to democracy, pointing to the former president’s efforts to overturn the results of the 2020 election. Those efforts culminated in the attack on the U.S. Capitol on January 6, 2021, as his supporters tried to halt the...

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Japan’s Prime Minister Kishida to address joint session of Congress during state visit with President Biden

President Joe Biden praised Prime Minister Fumio Kishida’s “bold” leadership on a series of global crises as he welcomed the Japanese leader to the White House on April 10 for wide-ranging talks that touched on the delicate security situation in the Pacific, the war in Ukraine, the Israel-Hamas conflict and more. Kishida and his wife stopped by the White House on April 9 ahead of the official visit and formal state dinner as President Joe Biden looks to celebrate a decades-long ally he sees as the cornerstone of his Indo-Pacific policy. Kishida will be the fifth world leader honored...

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Strong U.S. economic growth seen as vindication of President Biden’s COVID-19 pandemic stimulus spending

Treasury Secretary Janet Yellen pushed back against unfounded Republican criticism of the Democrats’ big coronavirus pandemic response package. Her statements aimed to clear up election-year misinformation by Trump loyalists and set the record straight about the current state of the U.S. economy. Evidence vindicated the steps taken in 2021 to “get our economy back on track.” With falling inflation, unemployment at 3.7% and the U.S. apparently defying predictions of a recession, Yellen defended the $1.9 trillion American Rescue Plan in remarks at a January conference meeting of U.S. Mayors in Washington. The stimulus package, which was passed into law...

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Two bowls of poison: China ponders who is the lesser of two evils between Trump and Biden

As the U.S. presidential campaign moves closer to a Donald Trump-Joe Biden rematch, China is watching uneasily. First, there are concerns about the campaign itself, where candidates are likely to talk tough on China. That could threaten the fragile improvements in U.S.-China relations seen in recent months. Then there is the outcome of the November vote. Neither candidate is particularly appealing to Beijing. While Biden has looked for areas of cooperation with China, Beijing is concerned about his efforts to unite allies in the Indo-Pacific in a coalition against China. It’s also nervous about his approach to Taiwan after...

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Political warfare: Ex-FBI informant charged with lying about Bidens allegedly linked to Russian intelligence

The explosive allegations at the center of an impeachment inquiry into President Joe Biden were false, federal prosecutors said, and came from an ex-FBI informant who said he was in touch with Russian intelligence. The informant, Alexander Smirnov, is “actively peddling new lies that could impact U.S. elections,” federal prosecutors said on February 21, as they appealed to a judge to keep him behind bars ahead of trial on charges alleging he lied to the FBI about a phony multimillion-dollar bribery scheme involving the Bidens and the Ukrainian energy company Burisma. The Republican release of Smirnov’s allegations in July...

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