11 Key Takeaways From Biden's State Of The Union Address

US President Joe Biden departs after delivering his third State of the Union address in the House Chamber of the US Capitol in Washington, DC, USA, 07 March 2024.
US President Joe Biden departs after delivering his third State of the Union address in the House Chamber of the US Capitol in Washington, DC, USA, 07 March 2024.
( SHAWN THEW/Pool via REUTERS)

President Joe Biden delivered a defiant argument for a second term in his State of the Union speech Thursday night. Biden fired multiple broadsides at Trump without ever mentioning him by name.

From the economy to Biden's thoughts on infrastructure, the border and climate, there were several key takeaways from Biden's State of the Union address. He led his address with Ukraine, Jan. 6, abortion and the state of the U.S. economy.

  1. Ukraine. Biden accused “my predecessor” of “bowing down” to Russian President Vladimir Putin, saying it is “outrageous, it is dangerous and it is unacceptable.” Biden called for funding Ukraine in its war against Russia. Biden warned that Russia’s aggression would “not stop at Ukraine.”
  2. The U.S. will build a pier on the Gaza coast to receive humanitarian aid, including food. "Tonight, I'm directing the U.S. military to lead an emergency mission to establish a temporary pier in the Mediterranean on the Gaza coast that can receive large ships carrying food, water, medicine and temporary shelters," Biden said. "No U.S. boots will be on the ground. This temporary pier would enable a massive increase in the amount of humanitarian assistance getting into Gaza every day." Biden added, “But Israel must also do its part. Israel must allow more aid into Gaza and ensure that humanitarian workers aren’t caught in the crossfire. …Humanitarian assistance cannot be a secondary consideration or a bargaining chip.” The Biden administration has said Israel Prime Minister Benjamin Netanyahu isn’t doing enough to allow the flow of humanitarian assistance into Gaza. Biden stressed the need for a temporary cease-fire and called for hostages to be released.
  3. Shrinkflation. Called on Congress to pass a bill sponsored by Sen. Bob Casey (D-Pa.) to stop “shrinkflation” in food packages. “Too many corporations raise their prices to pad their profits charging you more and more for less and less. That’s why we’re cracking down on corporations that engage in price gouging or deceptive pricing from food to health care to housing,” Biden said. “In fact, snack companies think you won’t notice when they charge you just as much for the same size bag but with fewer chips in it,” he added.
  4. High-speed affordable internet. Biden said his policies are “providing affordable high-speed internet for every American no matter where you live. Urban, suburban, and rural communities — in red states and blue states. Record investments in tribal communities.”
  5. Farm sector. Biden said: “Because of my investments, family farms are better able to stay in the family and children and grandchildren won’t have to leave home to make a living. It’s transformative.” He added, “Because of my investments in the family farm led by my secretary of Agriculture who knows more about this than anybody I know, we’re better able to stay on those farms so their children and grandchildren won’t have to leave home, leave home to make a living. It’s transformative.”
  6. Border. Biden said he “will not demonize immigrants saying they ‘poison the blood of our country’ as he said in his own words,” referencing his “predecessor” without naming Donald Trump. Biden continued, “Unlike my predecessor, on my first day in office I introduced a comprehensive plan to fix our immigration system, secure the border, and provide a pathway to citizenship for Dreamers and so much more… We can fight about the border, or we can fix it. I’m ready to fix it. Send me the border bill now!” Biden rebuked Republicans for opposing a bipartisan border agreement in the Senate. Trump has opposed the measure, calling it a “gift” to Democrats in an election year. Biden called on Republicans to work with him. “We can fight about fixing the border, or we can fix it,” he said. Biden has been weighing executive action on immigration, but has yet to make such a move.
  7. Climate. Biden said, “We are also making history by confronting the climate crisis, not denying it… I’m taking the most significant action on climate ever in the history of the world. I am cutting our carbon emissions in half by 2030,” he said.
  8. Infrastructure. Biden knocked Republicans for touting the flood of cash that has been funneled into their districts from bills that they opposed, such as the infrastructure law. “If any of you don’t want that money in your district, just let me know,” Biden said. 
  9. China. Biden said, “Our trade deficit with China is down to the lowest point in over a decade. We’re standing up against China’s unfair economic practices. We want competition with China, but not conflict.”
  10. Manufacturing. "Where is it written that we can't be the manufacturing capital of the world? We are. We will. Instead of importing foreign products and exporting American jobs, we're exporting American products and creating American jobs - right here in America where they belong. And thanks to our CHIPS and Science Act, the United States is investing more in research and development than ever before. It takes time, but the American people are beginning to feel it.” 
  11. Taxes. Biden said he wants to raise the minimum tax for multinational corporations to 21%, as well as lift the corporate tax rate to 28% from the current 21%. The president also hopes to:
  •  Stop letting corporations get tax deductions for all employee salaries over $1 million (the current rule applies only to C-suite pay) and make it harder for companies to write off executives' private jet travel.
  • Raise the tax on corporate stock buybacks from 1% to 4% to encourage companies to spend more of their revenue on salaries and improving productivity.
  • Make billionaires pay a minimum of 25% income tax.

 

Bottom line: 

Biden’s SOTU address was clearly his effort to begin the national presidential re-election campaign. He directly referenced his age at times. “I’ve been told I’m too old,” he said as he concluded his speech. “Whether young or old, I’ve always known what endures… The issue facing our nation isn’t how old we are,” he said. “It’s how old are our ideas.” 

Reaction: 

As with most things related to our nation’s capital, responses primarily fell across political lines. Biden proponents and much of the media characterized the speech as “feisty.” The speech amounted to a general election preview, referring to former President Donald Trump 13 times only as “my predecessor.” Biden opponents thought his address was “angry” with no real message of bipartisanship. Trump responded to the speech in real time on his Truth Social site, defending himself and blasting Biden for what he said “may be the Angriest, Least Compassionate, and Worst State of the Union Speech ever made.”

 

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