According to White House Press Secretary Karine Jean-Pierre, US President Joe Biden intends to run for the second presidential term in 2024, giving credence to reports circulating in the US media.
In her speech on Sunday, Jean-Pierre said that while Biden’s reelection bid is certain, the administration’s current focus is on the upcoming 2022 midterm elections, which would set the path to the next presidential election.
Previously, a Bloomberg report said Biden was laying the groundwork to announce a 2024 bid after the midterms.
“It is clear that he is our best candidate,” former Biden senior adviser Cedric Richmond was quoted in the report.
However, Jean-Pierre said the current runaway inflation and high costs in the country are the “No. 1 Priority” for the White House.
The Biden administration official hailed new inflation-reducing legislation that the House of Representatives passed on Friday following a 51-50 Senate vote.
She also bucked concerns by some that the multi-billion dollar climate, tax and health bill will fail to curb inflation.
“There’s more to it than that. It was just the way Republicans did it to make an argument that is wrong. It will fight inflation,” said Jean-Pierre.
“It’s been proven and said by economists across the board on the Republican and Democratic sides.”
New polls show record-low approval ratings for Biden’s presidency, with most people unnerved by his handling of the economy, particularly high inflation and soaring gas prices in the country.
According to a recent poll, Biden is the least popular US president in decades, with 59 percent of Americans believing his performance was poor and 45 percent “strongly disapproving” of the Democratic president’s leadership over the past two years.
Biden and his team have denied official reports suggesting the US economy is in recession.
According to a report by the US Department of Commerce, the US economy shrank at an annual rate of 0.9 percent in the second quarter of 2022.
“We’re not going to go into a recession,” Biden claimed last month. “My hope is that we move from that rapid growth to steady growth and we’ll see some slow down, but I don’t think we’re going to see a recession, God willing.”
He said the US economy has regained all of the private sector jobs it lost during the COVID-19 crisis, but added: “It’s no surprise that the economy is slowing as the Federal Reserve acts around the to lower inflation.”
Biden noted that his administration’s economic plan focused on bringing down inflation without giving up any economic gains made.