Biden will visit Syracuse, New York, where Micron Technology
plans to invest up to $100 billion in computer chip
manufacturing, part of tens of billions in new factory spending
announced after Biden signed the CHIPS Act subsidizing the
industry in August.
In Syracuse, Biden will lay out his efforts to rebuild the
American middle class and bring manufacturing jobs back to
upstate New York, and contrast them with what he has called
Republicans' "mega MAGA trickle down agenda."
Senior administration officials said Wednesday he will say the
Republican economic plans will benefit the super wealthy and
increase inflation. Earlier this week, Biden warned Republicans
would cause 'chaos' in the world's largest economy.
Some Republicans have pledged to use the debt ceiling to force
cuts to federal spending, extend Trump tax cuts, repeal
provisions in the recently passed Inflation Reduction Act that
lower prescription drug prices and block Biden's student debt
relief plan.
"Tomorrow you will hear him (Biden) lay out in stark relief the
specific ways in which congressional Republicans want to take
the country backwards and undo the progress we have made in
lowering prescription drug costs, lowering energy costs,
lessening the impact of student debt on middle class families,"
a senior administration official said.
Biden's trip comes at a time when the White House optimism that
Democrats could buck history and retain control of one or both
houses of Congress has waned. Any shift will shape the final two
years of Biden's term, and Democrats could lose control of both
chambers of Congress.
Democrats in some crucial races have chosen to campaign without
Biden, pushing the White House to significantly scale back their
planned presence in competitive areas around the country in the
weeks leading up to the race.
Syracuse's surrounding Onondaga County voted nearly 60% for
Biden in the 2020 presidential election.
(Reporting by Nandita Bose in Washington; Editing by Heather
Timmons and Lincoln Feast)
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