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President Biden spars with reporters as he walks to Marine One on the South Lawn on Wednesday. Photo: Drew Angerer/Getty Images

White House communications director Kate Bedingfield sent Democratic lawmakers a memo outlining President Biden's Year 1 accomplishments, even with Build Back Better in limbo.

Driving the news: A copy came down the Axios AM chimney.

Vaccines: "490 million shots in arms ... At this time last year: less than 1% of Americans were fully vaccinated. Today: More than 71% of American adults are fully vaccinated."

  • First shot: "At the start of the year: just one-third of adults were eager to get vaccinated. Today, 85% of adults have had their first shot."

Schools open: When Biden took office, "46% of schools were open. Today, 99% of schools are open."

Jobs: "The economy added nearly six million jobs this year — the most of any first-year president in history. When POTUS took office, ... unemployment was 6.3%. Today it's 4.2%."

  • "The average number of Americans filing for unemployment over the last four weeks is at its lowest level since 1969. When POTUS took office, over 18 million were receiving unemployment benefits. Today, only 2 million are."

Child poverty: "Because of the [$1.9 trillion] American Rescue Plan and historic economy recovery, child poverty was cut in half."

GDP: "Without the ARP, Moody’s estimates 2021 growth at 2.9%. After ARP: On pace for growth of 5-6 percent — best since 1984."

  • "U.S. was only G7 country [U.S., U.K., Canada, Japan, Germany, France and Italy] to surpass pre-pandemic output by Q2 2021 and keep growing. No other G7 country had reached pre-pandemic output by end of 3Q 2021."

Long-term unemployed: "In President Biden’s first 10 months, long-term unemployment fell by 1.8 million — the greatest drop in long-term unemployment in U.S. history."

  • Reality check: Surging inflation forces people and businesses to adapt.
  • Go deeper: Read the memo. ... White House: "Significant Supply Chain Progress as the Holidays Draw Near."
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Go deeper

Families won't see child tax credit payments for first time in six months

A protest in support of the child tax credit in December. Photo: Sarah Silbiger/Bloomberg via Getty Images

Millions of families will not receive the monthly child tax credit payments this weekend for the first time in six months as the program expired at the end of last year.

Why it matters: More than 35 million families have received the payments, according to the IRS. The payments were part of the American Rescue Plan passed in 2021 and were seen as one of the largest anti-poverty measures in modern history.

FDA limits use of Regeneron and Lilly COVID antibody treatments

A coldbox containing monoclonal antibody treatments at a Regeneron clinic in Pembroke Pines, Florida, in August. Photo: Eva Marie Uzcategui/Bloomberg via Getty Images

The FDA said Monday it's limiting the use of two monoclonal antibody therapies as COVID-19 treatments because data indicates they're "highly unlikely" to be effective against the dominant Omicron variant.

Driving the news: The FDA revised the authorizations for Regeneron and Eli Lilly "to limit their use to only when the patient is likely to have been infected with or exposed to a variant that is susceptible to these treatments," per a statement from the agency.

Updated 3 hours ago - World

Pentagon: 8,500 troops on high alert for possible deployment to eastern Europe

Photo: Anna Moneymaker/Getty Images

Defense Secretary Lloyd Austin has placed 8,500 U.S. troops on "heightened preparedness to deploy" to eastern Europe in case NATO activates its rapid-response force over tensions with Russia, the Pentagon announced Monday.

Why it matters: No decisions have been made to actually deploy U.S. forces, but the heightened alert level will allow the military to rapidly shore up NATO's eastern flank in the event that Russia invades Ukraine. The Pentagon warned that Russia has shown "no signs of de-escalating," and continues to amass troops on Ukraine's borders.