I promise you, the president has a big stick. I promise you. - Joe Biden

In every single crisis we have had that I have been around, going back to Jimmy Carter and the hostages all the way through to this moment, presidents’ ratings have always gone up in a crisis, but that old expression, the proof is going to be in eating the pudding. What’s it going to look like?

This week, my administration released new information that contains that we’re on track to cut the federal deficit by another — another $1.5 trillion by the end of this fiscal year — the biggest decline in a single year ever in American history. And the biggest decline on top of us having a $350 billion drop in the deficit last year, my first year as President.

Americans are being buried under an avalanche of misinformation and disinformation enabling the abuse of power. The free press is crumbling. Editors are disappearing. Social media is giving up on fact-checking. The truth is smothered by lies told for power and for profit. We must hold the social platforms accountable to protect our children, our families, and our very democracy from the abuse of power. Meanwhile, artificial intelligence is the most consequential technology of our time — perhaps of all time. Nothing offers more profound possibilities and risks for our economy and our security, our society, our very — for humanity. Artificial intelligence even has the potential to help us answer my call to end cancer as we know it. But unless safeguards are in place, AI could spawn new threats to our rights, our way of life, to our privacy, how we work, and how we protect our nation. We must make sure AI is safe and trustworthy and good for all humankind. In the age of AI, it's more important than ever that the people must govern. And as the land of liberty, America — not China — must lead the world on the development of AI. You know, in the years ahead, it will help to be — it's going to be up to the president, the presidency, the Congress, the courts, the free press, and the American people to confront these powerful forces.