Key takeaways from President Biden's 2023 State of the Union address:
Biden also boasted about record-low unemployment, declining inflation and rising take-home pay.
Throughout his address, Biden highlighted populist themes with calls for new action to boost domestic manufacturing, implement a $35 cap on insulin, add a new minimum tax on billionaires, quadruple the tax on stock buybacks and pass a bill to prevent “junk fees” and hidden surcharges, like surprise hotel resort fees.
McCarthy, who joined the vast majority of House Republicans in opposing the law, sat and looked on blankly., which empowers Medicare to negotiate drug prices with the industry and was passed solely with Democratic support.
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