President Biden delivered a speech at the Brookings Institution praising his administration’s economic recovery efforts and warning President-elect Trump against returning to trickle-down economics. He credited Trump for signing COVID stimulus checks but joked about not putting his name on them. Biden highlighted his economic record, pointing to investments in manufacturing, infrastructure, and healthcare. He criticized Trump’s tax and tariff policies, warning against a return to tax cuts for the wealthy. Biden specifically criticized Project 2025, an economic plan proposed by the Heritage Foundation, calling it an economic disaster. He highlighted economic successes under his administration, including job growth, low unemployment rates, and GDP growth. Biden urged Republicans who opposed his legislation to acknowledge the benefits it brings to their states. Overall, Biden emphasized his commitment to strengthening the middle class and maintaining the strong economy he will pass on to Trump.
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