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Biden was considered to be a moderate liberal, clocking a 77.5 percent liberal voting record in 2006 and lifetime score of 76.8 percent. [71] Biden was pro-choice on abortion rated 100% by NARAL and supported a state's right to have civil unions. [72] He favored a balanced budget amendment and a rollback of the Bush tax cuts.
American University's Center for the Study of the American Electorate released a report on November 6, 2008, two days after the election, which concluded that the anticipated increase in turnout had failed to materialize. [164] That report was the basis for some news articles that indicated voter turnout failed to meet expectations.
Rudy Giuliani in Derry, New Hampshire, January 7, 2008 John Edwards announces his withdrawal from the Democratic race in New Orleans, January 30, 2008. January 3 – The Iowa Democratic caucus is won by Barack Obama, while the Republican caucus is won by Mike Huckabee. [141] Christopher Dodd and Joe Biden drop out of the Democratic race. [142]
The 2008 financial crisis gave birth to our current hyper-polarized moment. Staving off a political backlash is just as important as preventing economic fallout
WASHINGTON (Reuters) -A $1.2 trillion government funding bill passed by Congress will allow the U.S. to lend up to $21 billion to an International Monetary Fund (IMF) trust to help the world’s ...
Abbreviation: IMF: Formation: 1 July 1944; 80 years ago (): Type: International financial institution: Purpose: Promote international monetary co-operation, facilitate international trade, foster sustainable economic growth, make resources available to members experiencing balance of payments difficulties, prevent and assist with recovery from international financial crises [1]
IMF officials are urging the Biden administration to rein in spending both to help shore up the US government's long-term financial position and help the Fed in its efforts to bring down inflation.
On June 22, Biden endorsed Barack Obama, and he was chosen on August 23, 2008, as Obama's running mate. On November 4, the Obama–Biden ticket defeated John McCain and his running mate Sarah Palin to win the presidential election. Thus, Biden was elected as the 47th Vice President of the United States.