President JoeBiden is set to hit the campaign trail in earnest on Saturday as he hosts his first rally of the 2024 cycle in Philadelphia, marking a swift change in pace nearly two months after he first announced his reelection campaign.
Biden’s calendar of events is sure to calm the nerves of some Democrats who have expressed concerns the president was not moving quickly enough to counter the momentum of former President Donald Trump’s campaign. And Biden holds somewhat of an advantage as he prepares to tout the accomplishments of his administration over the last two years as he embarks on the campaign trail for what is likely to be the last time.
The rally coincides with the release of the Labor Department’s May inflation report that found consumer prices rose by 4% during the past year. That annual rate falls short of the Federal Reserve's desired 2% rate, but it represents the slowest increase in more than two years as last month's producer price index decreased to 1.1%, per the Commerce Department.
The bipartisan legislation served two purposes for Biden. First, it followed through with one of his major campaign pledges to provide funding for infrastructure projects and public works that presidents before him couldn’t pass.
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