AUSTIN, Texas - On January 15, 2025, President Joe Biden will deliver his final address to the nation. As we brace for the challenges ahead under Trump and his allies, we take this moment to reflect on and celebrate the significant achievements of the Biden-Harris administration. President Biden kept his promise to create jobs and strengthen the middle class right here in the Lone Star State.

Texas Democratic Party and Texas National Delegation Chair Gilberto Hinojosa released the following statement: 

“When President Biden took office, our country was in crisis—grappling with a pandemic, an economic crisis, and attacks on our democracy. Yet, with Vice President Kamala Harris by his side, President Biden’s steady leadership guided our country towards a stronger future. The Biden-Harris Administration restored millions of jobs lost under Trump, invested billions in rebuilding America’s infrastructure, and is leaving a legacy of economic growth, resilience, and opportunity for future generations.

“Our work is not done. In 2025 and beyond, Texas Democrats will build on this progress on behalf of working Texans, while standing up against Donald Trump and his Cabinet of corporate interests. Thank you, President Biden and Vice President Harris, for investing in Texas and building a thriving economy.”

The Biden-Harris Administration Delivering for Texans: 

Lowering Costs for Texas Families  

• Over 4,700,000 Texans with Medicare will benefit from the $2,000 yearly cap on out-of-pocket prescription drug costs, a $35 monthly cap per insulin prescription, and free vaccines.  
• Over 3,500,000 individuals in Texas have been signed up for health insurance through the ACA Marketplaces during the Open Enrollment Period for 2024 and will benefit from up to thousands of dollars per year in savings from lower health care premiums.  

Student Debt Relief 

• In Texas, the Biden-Harris Administration approved $8.9 billion in student debt cancellation for 184,170 people in Texas under the Biden-Harris Administration. 

Getting Texas Back to Work 

• At the start of 2021, the Texas unemployment rate was 6.7% and many small businesses had closed. Today, Texas's unemployment rate has dropped to 4.2% with 1,900,000 jobs created since the President took office, including 5,100 jobs in clean energy. 
• As of December 2024, nearly 2 million Texans have filed applications to start a new business under the Biden-Harris Administration. 

Private Investment Boom 

• Thanks to President Biden, companies have committed to invest over $174.5 billion in Texas since President Biden took office.  

Rebuilding Texas’s Infrastructure

• Thanks to President Biden’s economic plan, $44.8 billion in public infrastructure and clean energy investments have been announced in Texas, including $20.1 billion in federal investments to fund transportation projects – roads, bridges, and roadway safety.