Post Politics Now: A big day for the economy and Biden’s economic priorities
Today, President Biden plans to deliver remarks on the economy hours after the release of a report that showed the U.S. economy shrank again for a second straight quarter, fueling recession fears. It will be a chance for Biden to make a case for his economic agenda during an important stretch for his presidency and his party’s future.
Meanwhile, the House is poised to pass legislation strongly backed by Biden that would provide $52 billion in subsidies to domestic semiconductor manufacturers and invest billions in science and technology innovation in a bid to strengthen U.S. competitiveness with China and other nations. And the Senate is now angling to pass next week a separate economic package blessed by Biden that aims to lower health-care costs, combat climate change and reduce the federal deficit.
Biden is also expected to talk Thursday with Chinese President Xi Jinping amid tension over a possible trip to Taiwan by House Speaker Nancy Pelosi (D-Calif.).
Your daily dashboard
Got a question about politics? Submit it here. After 3 p.m. weekdays, return to this space and we’ll address what’s on the mind of readers.
Analysis: House, Senate on collision course over children’s privacy
The Senate took a first step toward boosting protections for children and teens online Wednesday by advancing two major bipartisan bills. But the push is set to run into obstacles in the House, where lawmakers are working on broader privacy legislation that may be tough to reconcile with the narrower Senate bills, The Post’s Cristiano Lima writes in The Technology 202.
Per Cristiano:
Together, the Senate measures would give parents greater control over their children’s online activity, ban companies from collecting the data of users 13 to 16 years old without their consent and require that companies identify and mitigate risks their products may pose to children.The Senate Commerce Committee approved both the Kids Online Safety Act and the Children and Teens’ Online Privacy Protection Act, a major milestone for children’s safety advocates.The approach stands in sharp contrast to the one taken by House lawmakers, however, who earlier this month advanced a sweeping proposal to create what would be the nation’s first comprehensive data-privacy standards for all consumers — not just children and teens.
You can read the full analysis here.
