Administration of Joseph R. Biden, Jr., 2023

June 6, 2023

The President. All right, well, good afternoon. This could have been the week that a catastrophic default happened, putting millions of people's jobs in jeopardy. But instead, we prevented the default, and our historic recovery continues.

And you know, through a bipartisan agreement here, we proved once again that American democracy can function, and I think it's impossible for it to be able to function unless you can have compromise and consensus. And we got a lot of that done.

And we got another piece of good news on Friday. We learned that our economy produced 339,000 jobs last month. That's up to 13.1 million jobs since we came to office.

And today I'm here with my Cabinet continuing to focus on getting the job done for the American people and continuing to invest in America. "Invest in America" is more than just a slogan. We're investing in the American people, in our infrastructure, our manufacturing. We're investing in jobs in everyâalmost every community across the country.

And for the first time in a long time, America is actually investing in itself, and it's beginning to pay off.

Today we're going to discuss the progress we're making investing in America and the steps each agency around the table here is taking to build on that progress and finish the job. Because we're not finished yet. We've got more to do.

We'll also review the bipartisan budget agreement signed lastâI guess I signed it last Saturday, I think it wasâto reduce the deficit by nearly $1 trillion on top of the $1.7 trillion we already reduced in the first 2 years of our administration. And after my predecessorâthe last guy thatâto sit in this chairâhe actually increased the national debt by $8 trillion in 4 years.

And the agreementâthisâour agreement protects Social Security, Medicare, Medicaid, and veterans care. And it protects the economic progress, like the $470 billion in that private investment we've attracted to the United States and in the United States in manufacturing, clean energy, and our historic investments inâto fight climate change.

And it also protects the progress we've made in lowering costs for insulin and other prescription drugs and home energy bills as well.

Our administration, led by the folks in this room, is focused on implementing the laws we've passed and continuing to invest in America. And we're focused on securing our border, combating the climate crisis, and protecting the fundamental rights of Americans.

And one more thing: Just today we've launched a new website. It's called invest.gov. You can go online and find the projects we're delivering on, both the public and private. There's 32,000 investment projects and billions of dollars in private sector projects that areâ communities all across America are already beginning to experience. And we've got a lot of work to do.

I'm going to ask Natalie, quickly, to explain, while you're all here, how it works. We don't have the abilityâit's not aâwe don't have a laptop to type of arrangement here. We're just going to show you. She'll explain the rest of what's going on.

Nat.

White House Deputy Chief of Staff Natalie Quillian. I think you explained it quite well. This shows all of the infrastructure investments on this map. And then if you toggle over, you can see all the private sector investments as well. And then you can go by your State and find what's happening in your community.

The President. You can go byâyou can go down to every city, town, anywhere on the map and find out exactly how much has been invested so far, what the investment is for, and how it's going to affect your community. And so people will know. You can check it out and what's going on.

So, anyway, thank you all for making the effort to come in. And I'll see you in a little bit. [*At this point, several reporters began speaking at once.*]

Q. Mr. President, what's your message to Russia?

Q. Mr. President, it's June the 6th, it's D-Day, the anniversary of D-Dayâ[inaudible]ââ

Russia/Ukraine

Q. Mr. President, what's your message to Russia on the dam explosion in Ukraine?

The President. We're not leaving.

Q. ââMr. President, on the anniversary of D-Dayââ

Q. Sir, what's your message to Russia?

The President. We are not leaving. We're going to help Ukraine.

Q. Mr. Presidentââ

79th Anniversary of the D-Day Landings in Normandy, France

Q. Mr. President, why no statement on the anniversary of D-Day? It's such an important day in America's history and the history of our country.

The President. That's coming.

The Professional Golfers' Association (PGA) Tour

Q. Do you have a comment on the PGA Tour merger with LIV? Do you support it?

The President. I plan on being in the PGA. [Laughter]

Q. Do you have any reservations about the merger, sir? Any reservations, sir, about the merger?

Q. Thank you, Mr. President.

Q. Thank you, Mr. President.

The President. Thank you.

NOTE: The President spoke at 2:33 p.m. in the Cabinet Room at the White House. In his remarks, he referred to former President Donald J. Trump.

Categories: Addresses and Remarks : Cabinet meetings; Interviews With the News Media : Exchanges with reporters, White House.

Names: Quillian, Natalie; Trump, Donald J.

Subjects: Bipartisanship; Border security; Cabinet, meetings with President; Climate change; D- Day landings in Normandy, France, 79th anniversary; Federal deficit and debt; France, D-Day landings in Normandy, 75th anniversary; Golf; Infrastructure improvements; Insulin cost controls; Job creation and growth; Manufacturing industry, domestic investment; Medicare and Medicaid programs; Prescription drug costs, reduction efforts; Renewable energy sources and technologies; Russia, conflict in Ukraine; Social Security program; Ukraine, Russian invasion and airstrikes; Ukraine, U.S. assistance; White House Deputy Chief of Staff.

DCPD Number: DCPD202300499.