
President Joe Biden will deliver his annual State of the Union address to Congress on Tuesday and is expected to tackle the growing “spy balloon” diplomatic row with China and revive his plan to increase taxes on billionaires and corporations to ensure the US can continue to meet its financial obligations. He is otherwise expected to highlight the policy and legislative successes of his administration’s first two years at the helm and make an implicit campaign pitch as he plans another run for the White House in 2024.