Anniversary with a big event at the white house as he struggles to sell his economic agenda, dubbed bidenomics, to the american people. the sweeping $750 billion climate and health care legislation has supported more than 270 new clean energy projects across the country. those were expected to create 86,000 new jobs according to a new study from bank of america. the rate of inflation is down from 8.5% last july to 3.2% last month. and hiring still very strong. the unemployment rate near historic lows at 3.5%. and yet, according to the latest cnn polling, just 37% of americans approve of president biden s handling of the economy and even fewer approve of his handling of inflation. cnn business and politics correspondent vanessa jurkevic joins us with more but first let s go to the white house with cnn white house correspondent
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This potential this investigation and the potential charges so they are. i m so sorry to interrupt you. i actually do want to go right now to the white house because president by president biden is there this is on the 13th anniversary of the affordable care act and hear comments that he s making today. we gathered in this room is president obama signed into law. the affordable healthcare act. hard to believe. 13 days 13 years ago. it seems like 13 days ago. most i think it was the most constant think most people agree most consequential piece of health care legislation since the creation of medicare and medicaid 1965. i talked to the president yesterday got a chance to speak with him. we did a little thing together. and it s an extraordinary achievement by president obama. and while the affordable care act has been called a lot of things, obamacare is the most fitting description. many of you joined
42% approval, that s not great for democratic candidates. it is danger territory. this poll was conducted during a really good stretch for president biden, including jobs growth, the passage of the climate and health care legislation. what we find in our poll is that biden is lagging a generic democratic candidate. one of the reasons this poll looks better overall for democrats is that a generic democratic preference is outrunning biden. we re seeing more latinos and african-americans and younger people more down on biden than they are whether or not democrats end up controlling congress. that s a little bit of a reversal. we ll continue to see if that holds. people are saying if joe biden is not the center of this midterm season, that s going to be a big win for democrats. conversely, you re going to see
National pundits say the recent legislative achievements of Biden and the Democratic majority will help turn things around for the party. They plan to spend $10 million marketing their most