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What type of major legislation will be passed to address wealth inequality by end of 2025?
2
Resolution / Starting Odds
Tax reform • 25%
Social welfare expansion • 25%
No significant legislation • 25%
Other • 25%
Official records from the United States Congress
Story
President Biden Warns of Oligarchy and 'Tech-Industrial Complex' Threatening U.S. Democracy
Jan 16, 2025, 01:37 AM
President Joe Biden delivered his farewell address to the nation from the Oval Office on Wednesday night, warning that an 'oligarchy' of ultra-wealthy individuals is taking shape in America, posing a threat to democracy. "Today, an oligarchy is taking shape in America of extreme wealth, power, and influence that literally threatens our entire democracy, our basic rights and freedoms, and a fair shot for everyone to get ahead," Biden said. He expressed concern over the dangerous concentration of power in the hands of a few ultra-wealthy people and the rise of a 'tech-industrial complex' infringing on Americans' rights. Biden cautioned that the "free press is crumbling," and facts are being overwhelmed by lies, urging vigilance against the abuse of power and calling for efforts to address growing disparities that undermine democratic institutions.
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No • 50%
Yes • 50%
Climate Change Policy • 25%
Other • 25%
Economic Stimulus • 25%
Healthcare Reform • 25%
Further tax cuts • 25%
Tariff adjustments • 25%
Other • 25%
Infrastructure spending • 25%
Other • 25%
Healthcare Reform • 25%
Climate Change Legislation • 25%
Education Reform • 25%
Tax reform • 25%
Infrastructure bill • 25%
Healthcare reform • 25%
Other • 25%
Other • 25%
Tax Reform • 25%
Debt Management • 25%
Financial Regulation • 25%
Other • 25%
No significant action • 25%
State-level legislation • 25%
Federal legislation • 25%
Tax Reform • 25%
Immigration • 25%
Other • 25%
Healthcare • 25%
No significant changes • 25%
Tax cuts extended • 25%
New tax cuts introduced • 25%
Tax increases implemented • 25%