Biden to hold news conference capping first year in office
CBSN
President Biden will hold his 10th news conference as president on Wednesday, the day before he marks one year in the White House.
Mr. Biden, who has held fewer press conferences at this point in his presidency than recent predecessors, is wrapping up his first year in office with some intractable challenges — record inflation, a high number of COVID-19 cases and opposition within his own party to his legislative agenda. On Friday, the president spoke to tout his biggest legislative accomplishment so far, the bipartisan infrastructure law, and to announce the federal government will spend $27.5 billion to update small bridges around the country, footing 100% of the cost. The White House also pointed out that vaccine hesitancy has decreased, and the number of vaccinated people in the country has soared since Mr. Biden took office.
The press conference will take place at 4 p.m. Wednesday.
Republican voters in Virginia's 5th Congressional District are going to the polls Tuesday to decide whether to hand another term to House Freedom Caucus Chairman Bob Good or replace him with Virginia state Sen. John McGuire, a former Navy SEAL, in a race that has highlighted a divide within the Trump faction of the GOP.
The oldest members of Generation X are turning 59 1/2 this month, the earliest age when workers can start withdrawing retirement assets without a penalty. But many Gen Xers are far from prepared for their golden years, with almost half saying it would take a "miracle" for them to be able to retire, according to a new Natixis study.