Economy


In Florida, $14 billion in funding has been announced, with nearly 400 specific infrastructure projects identified for funding. Over $10 billion will go to transit upgrades, and another $800 million for clean water and water infrastructure. (AP Photo/Susan Walsh)
Two years in, here’s what Biden’s infrastructure law has done for Florida

In Florida, $14 billion in funding has been announced, with nearly 400 specific infrastructure projects identified for funding. Over $10 billion will go to transit upgrades, and another $800 million for clean water and water infrastructure. 

President Joe Biden talks with guests after speaking at Dutch Creek Farms in Northfield, Minn., Wednesday, Nov. 1, 2023. (AP Photo/Andrew Harnik)
Biden invests $5 billion to support rural communities, including in Florida

The City of Freeport will use both a $4.9 million loan and a nearly $900,000 grant to expand a waste-water treatment facility in the city.

President Joe Biden puts on a UAW Local 1268 shirt before speaking to United Auto Workers on Thursday in Belvidere, Ill. (AP Photo/Evan Vucci)
As Florida housing costs soar, Biden wants to turn empty offices into housing

In Sept. 2020, the median home sale price in Florida was $292,300. As of Sept. 2023, that figure had risen to $402,900, a nearly 38% increase, according to Redfin. Renters are also paying more in the state. Since 2020, Florida’s average rent has increased by nearly 46%, from $1,460 in March 2020 to $2,128 in March 2023.

“[These] charges are taking real money out of the pockets of American families. These junk fees can add up to hundreds of dollars, weighing down family budgets, making it harder to pay family bills,” President Biden said on Wednesday. (AP Photo/Susan Walsh)
Biden moves to ban all junk fees and hidden charges for Floridians

“[These] charges are taking real money out of the pockets of American families. These junk fees can add up to hundreds of dollars, weighing down family budgets, making it harder to pay family bills,” President Biden said on Wednesday.

President Joe Biden delivers remarks on student loan debt forgiveness, in the Roosevelt Room of the White House, Wednesday, Oct. 4, 2023, in Washington. (AP Photo/Evan Vucci)
Floridians Get Financial Relief as Biden Cancels More Student Debt

This round of debt relief will eliminate the debt of 125,000 borrowers nationwide: 22,000 with disabilities, 51,000 through an income-driven repayment plan, and 53,000 through the Public Service Loan Forgiveness program.

President Joe Biden speaks about his administration's plans to lower prescription drug costs and protect Social Security and Medicare, Nov. 5, 2022, in Joliet, Ill. The Biden administration says the manufacturers of all of the first 10 prescription drugs it selected for Medicare’s first price negotiations have agreed to participate. Tuesday's announcement clears the way for talks that could lower their costs in coming years and gives the White House a potential political win heading into next year’s presidential election. (AP Photo/Patrick Semansky, File)
Florida Seniors to See Lower Drug Costs as Medicare Price Negotiations Advance

The provision, signed into law by President Biden, will significantly lower out-of-pocket drug costs for many of the nearly 4 million Florida seniors enrolled in Medicare Part D coverage.

While certain federal benefits won’t be impacted, a government shutdown would affect a number of other benefits that rural communities rely on, such as food and housing assistance.(Photo via Shutterstock)
Here’s What a Government Shutdown Would Mean for Rural Communities

While certain federal benefits won’t be impacted, a government shutdown would affect a number of other benefits that rural communities rely on, such as food and housing assistance.