Joe Biden Approval Rating Soars After Hitting Lowest Point in May

In a Tuesday Reuters-Ipsos survey, President Joe Biden's approval rating reached its highest point in two months. Biden's approval rating increased by 2 percentage points to 40%, while his disapproval rating decreased by 5 percentage points to 55%.

More Democrats who are in favor of Biden's job performance are helping to fuel the growth. According to the survey, Democrats now approve of Biden by 78 percent, up 9 points from last month.

Joe Biden's Approval Rating Hits Its Highest Level Since June

Republicans were just 12% in favor of Biden's performance. According to the survey, Biden's approval rating reached its lowest point in May at 36% and has been below 50% since August 2021.

Per The Hill, the president has performed well in the poll as a result of a number of legislative and other victories. Biden was successful in getting Congress to approve the CHIPS and Science Act, which would provide the domestic semiconductor sector billions of dollars, and the Honoring Our PACT Act, which will increase access to medical treatment for veterans who were exposed to toxins and burn pits while serving.

After Sen. Joe Manchin (D-W.Va.) and Senate Majority Leader Charles Schumer (D-N.Y.) achieved an agreement on a tax, health care, and climate change package, the Senate passed the Inflation Reduction Act on Sunday. The House intends to take up the bill this week, according to Reuters via MSN.

But the recent improvement in Biden's approval rating, which includes increases in each of the previous three weeks, may alleviate Democrats' fears that their party is about to suffer a crushing defeat in the midterm elections on November 8, when Republicans seek to take over control of the US Congress.

A historic plan to combat climate change, decrease medication prices, and increase certain corporate taxes was adopted by the US Senate on Sunday. Democrats are hoping that the Biden-supported bill, which is anticipated to pass the US House of Representatives, would increase voter excitement before the November election.

Biden Passed Several Significant Legislations

On Tuesday, Biden signed another significant piece of legislation into law to provide subsidies for American semiconductor manufacture and further attempts to make the United States more competitive with China in the field of science and technology.

As Americans struggle with rising prices and an economy still plagued by the COVID-19 issue, Biden's overall approval rating has been below 50% since August of last year, when it fell to its lowest point of his administration (36%). The lowest approval ratings for Biden are comparable to those of Donald Trump, who peaked at 33% in December 2017.

In all of the United States, the Reuters/Ipsos survey is conducted online in English. A total of 1,005 individuals, including 445 Democrats and 357 Republicans, responded to the most recent poll. It has a four percentage point credibility interval, which is a measure of accuracy.

The Inflation Reduction Act of 2022, which would put an emphasis on addressing the climate issue and bringing down the cost of prescription drugs, was also passed over the weekend by Senate Democrats.

Democrats were able to approve the measure with the support of all 50 of their conference members thanks to budget reconciliation, and vice president Kamala Harris broke the tie. On Friday, it's anticipated that the House of Representatives would easily pass the bill.

The Bureau of Labor Statistics stated on Wednesday that inflation decreased marginally from its 40-year peak, which coincides with Biden's statistics. In a similar manner, the Bureau of Labor Statistics said this week that the US economy expanded by 528,000 in June, as per The Independent.