>>> WELCOME BACK, PRESIDENT
BIDEN IS HITTING THE CAMPAIGN
TRAIL HEADING TO SYRACUSE, NEW
YORK, TOUTING HIS ECONOMIC
AGENDA.
HE WILL DISCUSS PLANS BY
CHIPMAKER MICRON TO INVEST $100
BILLION THERE OVER AT LEAST 20
YEARS, THE MONEY WILL OLD
SEMICONDUCTOR FACTORIES AND,
PRESIDENT BIDEN WILL ALSO LAY
OUT HIS ADMINISTRATION'S ECONOMIC POLICIES AS AMERICANS
ECONOMIC POLICIES AS AMERICANS
PREPARE TO HEAD TO THE VOTING
BOOTH.
WE ARE JOINED FROM SYRACUSE
WITH MORE ON THIS.
MIKE, WE KNOW THE PRESIDENT HAS
MADE AMERICAN MANUFACTURING A
KEY PILLAR OF HIS ECONOMIC
AGENDA, SO WHAT IS HE EXPECTED
TO SAY ABOUT THIS MASSIVE
INVESTMENT IN SYRACUSE?
>> Reporter: HE IS EXPECTED TO
TAKE A LOT OF CREDIT FOR IT, WE
HAVE SEEN THAT THE PRESIDENT
OVER THE PAST FEW WEEKS RUSH TO
JOIN COMPANIES AS THEY ARE
MAKING THESE KINDS OF MAJOR JOB
ANNOUNCEMENTS, MICRON, $100
BILLION WILL BE ADDED TO THAT
TODAY.
IT IS PART OF THEIR EXPANSION
PLAN TO ADD 9000, IN SOME CASES
SIX-FIGURE JOBS AS WELL AS FINDING LABOR AGREEMENTS TO
FINDING LABOR AGREEMENTS TO
PRESSURE A PREVAILING WAGE.
THEY WERE AT AN IBM PLANT AND A
INTEL PLANT IN OHIO.
THIS IS AN OPPORTUNITY FOR HIM
TO TIE ALL OF THE EXPANSIONS TO
THE CHIPS ACT, AN IMPORTANT
LEGISLATIVE LINK FOR HIM.
IT WILL BE AN OPPORTUNITY FOR
THE PRESIDENT TO MAKE AN
ECONOMIC ARGUMENT FOR THE
MIDTERMS.
HE IS NOT ALONE.
THERE WILL BE HALF A DOZEN
MEMBERS OF THE CABINET ACROSS
THE COUNTRY, MANY IN SWING
DISTRICTS IN SWING STATES TO
TRY TO FAME -- FRAME THE CHOICE
AS ONE OF THE JOBS, THE BIDEN
ADMINISTRATION VERSUS WHAT THEY
ARGUE REPUBLICANS CAN DO IF
THEY ARE ELECTED.
>> WE KNOW THE PRESIDENT IS
EXPECTED TO CONTRAST HIS
ECONOMIC AGENDA WITH
REPUBLICANS AND CRITICIZE THE REPUBLICAN PLAN, WHAT MESSAGE
REPUBLICAN PLAN, WHAT MESSAGE
WILL WE HEAR ABOUT THIS TO
VOTERS?
>> Reporter: IT IS INTERESTING
THE WAY THAT THEY PRESENT THE
ARGUMENT TODAY AND WHAT WE WILL
HEAR FROM THE PRESIDENT,
WEIGHING OUT THE RECORD THAT
THE BIDEN ADMINISTRATION IS
WRAPPED UP, BUT WHAT THEY ARE
CLAIMING IS THE REPUBLICAN
PLAN.
THEY SAY IT INVOLVES AN UNEVEN
TAX BURDEN, HIGHER PRESCRIPTION
DRUG COSTS, HIGHER ENERGY COSTS
AND HIGHER EDUCATION COSTS.
YOU MAY BE SAYING THAT IF THEY
ARE NOT PROPOSING THAT, BUT WHAT
THE WHITE HOUSE IS ARGUING IS
THAT BECAUSE REPUBLICANS HAVE
VOWED THAT THEY WOULD REPEAL
THE INFLATION REDUCTION ACT,
THAT IS EXACTLY WHAT WOULD
HAPPEN.
THERE ARE TAX CREDITS FOR
CORPORATIONS, THERE IS THE
AFFORDABLE CARE ACT, AND THAT
IS WHAT OF THE WHITE HOUSE AND
THE PRESIDENT WILL TRY TO DO
TODAY, LAYING OUT THE
CONSEQUENCES OF THE RHETORIC
WILL LEAD TO.
>> THIS WILL BE SEEN AS A
REFERENDUM AND HOW THE
PRESIDENT IS HANDLING
INFLATION, A HUGE ISSUE FOR
VOTERS, PERHAPS THE TOP ISSUE.
WITH 12 DAYS TO GO, HOW WORRIED
IS THE ADMINISTRATION RIGHT
NOW, AND LOOKING AHEAD, ARE
THEY PROMISING ADDITIONAL
MEASURES TO HELP FIGHT
INFLATION?
>> Reporter: THE
ADMINISTRATION, THE PRESIDENT HIMSELF IS WORRIED ABOUT WHERE
HIMSELF IS WORRIED ABOUT WHERE
THINGS STAND OVER THE MIDTERM
ELECTIONS.
THE PRESIDENT WAS TALKING ABOUT
A POTENTIAL SHIFT BACK TO
DEMOCRATS IN THE POLLS.
AN ACKNOWLEDGMENT THAT IT IS
NOT GOING THEIR WAY RIGHT NOW.
THAT IS PART OF WHY THE
PRESIDENT IS FOCUSING ON IT
TODAY.
WHAT THE PRESIDENT IS ALSO
GOING TO BE TALKING ABOUT IS
ADDITIONAL PROPOSALS THAT HE
WOULD IMPLEMENT IF GIVEN A
DEMOCRATIC CONGRESS HAD, THAT
MEANS FOLLOWING THROUGH ON
OTHER PARTS OF THE BUILD BACK A
BETTER AGENDA THAT HE DID NOT
GET THROUGH LIKE FREE COMMUNITY
COLLEGE TUITION, AND AN
EXPANSION OF CHILDCARE AND
EVENTS AS WELL.
IT IS A TALL ORDER.
WE KNOW HOW HARD IT WAS TO DO
WITH THE MAJORITY THAT THEY
HAVE NOW.
WE KNOW THAT THEY WILL BE