Problem:
The President and Congress play crucial roles in shaping the economy through their powers and interactions. Congress, consisting of the House of Representatives and the Senate, holds the primary authority to create laws concerning taxes, spending, trade, and regulations. All of which directly affect economic conditions. For instance, Congress passes budgets and enacts stimulus packages to boost economic growth. On the other hand, the President wields executive power. They are responsible for enforcing these laws and making decisions that impact the economy. Through executive orders and appointments, the President can influence economic policies such as trade agreements and regulatory reforms. The relationship between the President and Congress varies, affecting how economic policies are formulated and implemented. When they cooperate, they can more effectively pass legislation that addresses economic challenges. However, conflicts can arise over differing priorities or partisan disagreements, leading to delays or compromises in policy-making. A recent example of such interactions revolves around President Joe Biden's infrastructure plans. According to Reuters, discussions between Biden and Congress have been contentious as they negotiate the size and funding of infrastructure projects. This conflict highlights how disagreements over priorities such as environmental concerns versus traditional infrastructure upgrades can stall progress on economic initiatives (Reuters 2024).