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