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Pelosi announces reelection bid amid retirement buzz

This election is crucial. Nothing less is at stake than our democracy,” Pelosi said on Tuesday in an announcement video posted on Twitter…reports Asian Lite News

US House Speaker Nancy Pelosi, Democrat of California, has announced that she would run for reelection in this year’s midterm elections.

“While we’ve made progress, much more needs to be done to improve people’s lives. Our democracy is at risk because the assault on the truth, assault on the US Capitol and the state-by-state assault on voting rights. This election is crucial. Nothing less is at stake than our democracy,” Pelosi said on Tuesday in an announcement video posted on Twitter.

“But as we say, we don’t agonise, we organise, and that is why I am running for reelection to Congress and respectfully seek your support. I would be greatly honoured by it and grateful for it,” she added.

The Speaker, however, did not mention whether she would seek House Democratic leadership in the upcoming elections slated for November, Xinhua news agency reported.

Pelosi, who will turn 82 in March, has served as a US representative from California since 1987. She said in 2018 that the current term would be her last as House Speaker.

ALSO READ-Pelosi hints new panel to probe Capitol riot

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Biden to deliver State of the Union address on March 1

This year’s address would be Biden’s first formal State of the Union, when the president typically speaks about the past year’s accomplishments and the agenda for the coming year, reports Asian Lite News

US House Speaker Nancy Pelosi has invited President Joe Biden to deliver his first State of the Union address on March 1.

“Indeed, this past year has been historic: with the life-saving American Rescue Plan, once-in-a-century Bipartisan Infrastructure Law and, soon, the truly transformational Build Back Better Act,” Pelosi wrote in a letter to Biden.

“In that spirit, I am writing to invite you to address a Joint Session of Congress on Tuesday, March 1, to share your vision of the State of the Union,” Pelosi wrote.

During his address to a joint session of Congress last April, Biden rolled out his administration’s top legislative priorities and touted the achievements in his first nearly 100 days in office, Xinhua news agency reported.

But this year’s address would be his first formal State of the Union, when the president typically speaks about the past year’s accomplishments and the agenda for the coming year.

US House Speaker Nancy Pelosi with President Joe Biden (Photo: Twitter@SpeakerPelosi)

Over the past year, Biden signed a $1.9-trillion Covid-19 relief package and a roughly $1-trillion infrastructure investment bill. But his Build Back Better (BBB) agenda, a roughly $2-trillion social spending and climate bill, has hit a major roadblock in the Senate.

“Instead of abandoning BBB altogether, perhaps Democrats in Congress and the Biden administration will return in January and attempt to slim down the package while making all the policies that remain permanent,” said Michael Pugliese and Karl Vesely, economic analysts at Wells Fargo Securities.

“There is no hard procedural deadline for BBB on the horizon, but the first quarter of the year will probably determine whether it becomes law or not,” they noted.

Since the inauguration of former President Ronald Reagan in 1981, US presidents have not delivered the State of the Union the year they left office or were inaugurated, primarily because a president can’t really speak about the state of the country just a few weeks in office, according to local media.

ALSO READ: Biden blames Trump for Capitol riot