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The Fox News Rundown

From Washington: Will "Bidenomics" Persuade Voters?

The Fox News Rundown

FOX News Podcasts

Politics, Daily News, News

3.41.7K Ratings

🗓️ 1 July 2023

⏱️ 40 minutes

🧾️ Download transcript

Summary

As President Biden makes the case for his re-election, one major hurdle he faces is easing voters' concerns about the economy. During a speech on Wednesday, the president touted "Bidenomics" by pointing to various projects and investments in an attempt to convince Americans that his policies are working. A FOX News Poll this week reflected the nation's skepticism, finding that 60% of Americans disapprove of President Biden's handling of the economy. Chairman and CEO of UBS Americas and Founder of 32 Advisors Robert Wolf describes how President Biden's economic messaging is resonating with voters and what challenges the administration faces. Later, he explains what more the president must do in order to execute his economic legislative wins. As the Supreme Court leaves the bench for its summer recess, major rulings have caused yet again another uproar amongst American citizens after reversing affirmative action which put an end to race-conscious college admissions. Additionally, the Justices ruled 6-3 in favor of a Christian web designer who refused to design same-sex wedding websites as well as striking down the Biden Administration's student loan forgiveness plan. Vice President of Domestic Policy and The Joseph C. and Elizabeth A. Anderlik Fellow at the Heritage Foundation Roger Severino shares his perspective on the Court's decisions and why he believes they got it right this time. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Saturday, July 1st, 2023, I'm Jared Halpern. President Biden makes his sales pitch that

0:11.5

Bidenomics is working.

0:13.6

There's a lot of really good things this president has done and the data is showing

0:19.4

it.

0:20.4

I'm Ryan Schmelz. The Supreme Court lighting off political fireworks just days before

0:24.8

Independence Day with a number of major decisions.

0:28.4

I think the president and his staff knew they were going to lose.

0:32.7

This is the Fox News rundown from Washington.

0:45.3

The presidency comes with many roles, commander-in-chief, sometimes after tragedy,

0:51.1

and solar-in-chief, and often as election seasoneers, seller-in-chief.

0:57.0

The challenge for President Biden, most Americans aren't buying his sales pitch about Bidenomics.

1:03.2

I didn't name it Bidenomics, I didn't realize the economist in Wall Street Journal did,

1:07.8

but I think it's a plan that I was happy to call Bidenomics.

1:11.6

Guess what? Bidenomics is working.

1:17.6

The president made his case for his economic plan in a cornerstone speech in Chicago,

1:23.0

conceding there are still plenty more to do, but insisting his policies, including massive

1:28.2

investments in infrastructure, and manufacturing, climate resiliency, and drug pricing, are

1:33.9

having measurable impacts for American households.

1:44.9

The Fox News poll out this week found 60 percent of Americans disapprove of President

1:50.9

Biden's handling of the economy, just 38 percent approve.

1:55.4

In 45 percent say they're falling behind on their personal financial situation, 43 percent

2:02.0

say they're holding steady, just 11 percent say they're getting ahead.

...

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