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Photo: Samuel Corum/Getty Images

President Biden on Wednesday said the $1.2 trillion bipartisan infrastructure bill would "stabilize" the supply chain and "modernize" the country's infrastructure.

Why it matters: The president's remarks at a briefing in Baltimore come days after the House passed the long-awaited bipartisan infrastructure package and ahead of the bill's signing ceremony on Monday.

  • At the ceremony, which will be attended by members of Congress and state and local lawmakers across the country, Biden will highlight how the package will "deliver to American families."
  • Biden acknowledged in Baltimore that the U.S. still faces economic challenges, adding that "we're tracking these issues and trying to figure out how to tackle them head on."

What they're saying: "We did something long overdue, long talked about in Washington, but almost never actually done," Biden said.

  • "This is a once in a generation investment to create good-paying jobs, modernize our infrastructure [and] turn a climate crisis into an opportunity."
  • "Progress has already begun and now that we've passed the bipartisan infrastructure deal it's only going to accelerate," he added.

Go deeper

Democratic Oregon Rep. Peter DeFazio to retire from House

Rep. Peter Defazio (D-Ore.) participates in a House Transportation and Infrastructure Committee subcommittee hearing on Sept. 23. Photo: Kevin Dietsch via Getty Images

Rep. Peter DeFazio (D-Ore.) announced Wednesday that he will not seek re-election to the House after 36 years in Congress.

Why it matters: The increasing number of Democratic retirements has caused concern that the party may not be able to hold on to its slim majority in the House after the midterms.

Dan Primack, author of Pro Rata
35 mins ago - Politics & Policy

Trump social media group raises $1 billion from undisclosed investors

Illustration: Sarah Grillo/Axios

Donald Trump's social media startup on Saturday announced that it secured $1 billion in new investment as part of its ongoing efforts to become publicly traded via a blank check company.

Between the lines: None of the investors were identified, which is highly unusual for this sort of transaction.

Updated 2 hours ago - Health

Massage, facial, pedicure... intravenous drip?

A salon on the Upper East Side of New York that offers IV drip therapies. Photo: Jennifer A. Kingson/Axios

IV drips — the kind you might get if you're rushed to the hospital — are trending as a spa treatment, thanks in part to endorsements by celebrities like Kim Kardashian and Madonna.

Why it matters: Like other "wellness" trends with a whiff of medical imprimatur, IV nutrient drips can be harmless or mildly restorative — or go awry, particularly in the wrong hands.

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