Career Of Joe Biden
After graduating from college, Biden worked as a law clerk before becoming a public defender and establishing his own law office. In 1969, he ran for a position on the New Castle County Council and won, paving the way for him to run for the U.S. Senate the following year.
Even though he was the underdog, he won the 1972 race for the US Senate in Delaware. He was the youngest senator in the history of the United States when he was thirty. After serving in the US Senate for a long time, Joe set his sights on being the next President of the United States. For the Democratic nomination in 1987, he attempted to run, but he was accused of plagiarising a speech and had to withdraw from the race. Biden’s withdrawal from the contest was sparked by further controversies.
In 2008, Vice President Joe Biden ran for the Democratic nomination for the second time. Vice President Joe Biden’s campaign had a lot of positive aspects, but his statements regarding Barack Obama and the Indian people were disastrous.
Aside from that, he had a difficult time gathering money and was never considered a credible opponent of either Hillary Clinton or Barack Obama. Obama ultimately made him vice president after all. He resigned from the Senate in 2008 to work in President Obama’s administration. As a Democrat, Joe Biden was the party’s nominee for president in 2020.
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Early Life Of Joe Biden
On November 20, 1942, in Scranton, Pennsylvania, Joseph Robinette Biden Jr. was born. Joe grew up in a poor Catholic family with three older brothers and sisters. In Scranton’s declining economy in the 1950s, his father struggled to find work. After a while, the family was forced to relocate to Delaware, where Joe’s father went into the automobile sales business.
Joe Biden played football in high school and was elected class president. While he was a history and political science double major at the University of Delaware, he also played collegiate football. He earned a bachelor’s degree in 1965.
In 1968, Joe graduated from Syracuse University’s College of Law with a law degree. He was accused of plagiarism during this period. He was fortunate to avoid the Vietnam War draught since he was a student at the time. Joe earned a medical deferment for asthma when he graduated and regained eligibility, despite having been an athlete his entire life.
As a politician, Joe Biden’s achievements
In 1972, at the age of 29, Biden was elected to the Senate from the state of Delaware, making him one of the Senate’s youngest members ever. After his nomination to the Senate, he decided to take the train to work because his first wife and little daughter were murdered in a car accident just a few weeks later.
During his service in the Senate, Biden served as the chairman of the Senate Foreign Relations Committee and the Senate Judiciary Committee, both of which are governmental boards. For the 1988 and 2008 presidential elections, he ran for the office of president. From 2009 to 2017, Biden served as Obama’s running mate. As of Inauguration Day, 2021, he was officially sworn in as President of the United States.
Here are just a few of Biden’s political achievements:
- In 1990, the Violence Against Women Act (VAWA) was introduced, which targeted domestic violence and abuse.
- 2002: Authorized the use of military force in Iraq, but later expressed dissatisfaction with the outcome of the fight.
- 2010: Helped to enact the Affordable Care Act, which became law in 2010.
As president of the United States in 2020. - In 2021, a $1.2 trillion bipartisan infrastructure package was approved to modernize roads, bridges, and public transportation.
President Joe Biden Net Worth
According to Forbes, President Joe Biden has a net worth of $9 million. With his wife, Jill, the Bidens have two Delaware residences worth a total of $4 million, an extra $4 million in cash and assets, and a government pension that is worth more than $1 million.
However, the majority of Joe Biden’s fortune has come from book agreements and speaking engagement fees, despite his long career in politics. In 1979, Joe Biden began his Senate career earning $42,500 a year; by the time he left office in 2009, he was earning $169,300. As vice president, he earned $230,700; as president, he’ll make $400,000.
Biden made $71,000 in royalties and $9,500 in audiobook rights sales from his first memoir, “Promises to Keep,” which was published in 2008. But compared to what he’s made since leaving the White House, that’s a pittance.
From 2017 to 2019, Forbes analyzed the Bidens’ tax returns and found that they made more than $15 million. According to reports, it includes an estimated $8 million agreement, $1.8 million from book tour events, $2.4 million in lecture fees, and $775,000 from Penn University to oversee the Penn Biden Center for Diplomacy and Global Engagement as the Benjamin Franklin Presidential Professor of Practice.
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![President Joe Biden accepted the realities of the Capitol Hill gridlock at his long news conference this week, announcing that he will shift tactics on his hallmark Build Back Better act and attempt to pass it in sections. "I'm confident that significant portions of the Build Back Better legislation will be signed into law," he told the gathering press. Later in the event, the president emphasized two points: $500 billion in energy and climate change investments and universal preschool for children. Biden added that Joe Manchin, the Democratic West Virginia senator who opposes Build Back Better in its entirety, "strongly supports" these proposals. During a Yahoo Finance Live interview on Thursday, Biden's senior economic adviser added a couple of additional items to the mix that may become law in 2022. "The good news is that there is widespread support among Democrats and the American public" for four distinct sectors, according to Brian Deese, director of the White House National Economic Council. He argues that prescription medication coverage, health care, and child care, as well as investments in sustainable energy, are all on the table. Deese has been deeply engaged in the Build Back Better talks for months, often traveling to Capitol Hill to represent the White House while legislators labored for months to achieve an agreement. Climate ‘is a preference. Any piecemeal strategy taken in the months ahead would almost certainly need Senate reconciliation, which can be accomplished with just Democratic votes. That would imply that Senators Manchin of West Virginia and Kyrsten Sinema of Arizona would continue to play outsized roles. The president and Deese believe that the energy and environment components would pass muster with Senate Energy Committee Chairman Joe Manchin. "Investing in clean energy and building a more robust energy system in the United States [that] generates cheaper, zero-carbon energy in the United States is a priority," Deese adds. Climate aspects in the Biden plan were already reduced in October, when senators, primarily at Manchin's urging, repealed the Renewable Electricity Performance Program, which would have punished utility firms for failing to embrace clean energy quickly enough. Future climate change initiatives will be concentrated on tax credits to incentivize the energy industry to create more clean energy, among other things. Familiar areas The Build Back Better framework includes funding for universal, free preschool for all three and four-year-olds in childcare. Additionally, it contains subsidies for even younger children's child care, easing the load on working parents. Biden centered his news conference on preschool provisions; however, Deese indicated that daycare funding was still on the table. Deese also anticipated that prescription medications and health-care expenses would be two different areas "where we can reach an agreement." The framework's prescription medicine provisions would enable Medicare to negotiate lower pricing for high-cost prescription pharmaceuticals. Something for which proponents have long fought. Additionally, the prescription medication programs would include price limits and sanctions if drug firms increased their prices faster than inflation. Biden and his colleagues have concentrated their efforts on lowering Obamacare premiums and health-care expenses. Another possibility is to grant tax credits to lower-income Americans to encourage more people to enroll in coverage. "All of them are issues on which Democrats and the American public agree," Deese said, adding that "they are common sense." Both Biden and Deese made no mention of the enhanced Child Tax Credit. It was a landmark Biden achievement, but it expired at the start of 2022 and does not look likely to be renewed anytime soon in light of Manchin's opposition. Biden reacted to a question regarding the fate of the enhanced Child Tax Credit at Wednesday's news conference by saying it was one of the "significant components that I feel strongly about but am not sure I can include in the package." Despite Biden and the White House's strong support, Deese acknowledged Thursday, stating that it would be "difficult" to reinstate that clause. Please stay connected with us for further updates and news!](https://californiaexaminer.net/wp-content/uploads/2022/01/Biden-financial-aid-Theres-broad-support-for-4-portions-of-stalled-Build-Back-Better.jpg)
