The vice president stated, “We’re going to be providing good opportunities and jobs for people who, in fact, will be reinvesting that money back into all of the things we’re talking about.” “We should be driving prices down, not raising prices.”
July 21, 2021, 10:02 p.m. ET
The president did not directly respond to a question from the owner of a restaurant chain who stated that he was having difficulty hiring employees as the economy began to recover.
Mr. Biden stated that it was beneficial for workers to have the ability to search for new and better jobs, and that it was beneficial for businesses to compete for their services. Expanded unemployment benefits, which were included in the $1.9 trillion stimulus package he signed into law last March, he said, were not deterring workers. But even if they were, the president said, the benefits would be phased out soon after.
In his conversation with the restaurant owner, Vice President Joe Biden stated, “I believe it really comes down to people realising that they have opportunities to do other things and that there is a shortage of employees, so people are looking to make more money and to bargain.” As a result, I believe that your company and the tourism industry will be in a difficult position for the foreseeable future.
On Wednesday, as Vice President Joe Biden was preparing to board a flight to the Kentucky airport that serves Cincinnati, senators voted on a motion to advance the bipartisan infrastructure framework, which has not yet been finalised nearly a month after Mr. Biden and centrist lawmakers unveiled it at the White House. In light of the vote’s failure, Senate Minority Leader Chuck Schumer (D-NY) has indicated that he will seek to schedule another vote next week in the hopes of advancing the agreement.
In recent days, administration officials have engaged in negotiations with Republicans and Democrats to finalise the agreement, which includes determining how to fully fund the spending it will entail. Parliamentarians said on Wednesday that they expect to reach a final agreement within a few weeks.
When asked how long it would take to reach a bipartisan agreement, Vice President Biden responded, “Until Monday.”
When I was in the Senate, we had a tradition where you just shake your hand and go on your way. “You are true to your word,” Vice President Biden said. Republicans, he predicted, would do the same. “I believe we will be able to complete it.”