President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for future manufacturing growth, and having brought down decades-high inflation without triggering a recession.

Shortly after Biden took office in January 2021, inflation began to surge. The Covid-19 pandemic and the supply-chain crisis that followed, combined with generous stimulus spending and Russia’s invasion of Ukraine in early 2022 had created a perfect storm of inflationary pressures that resulted in prices climbing faster than they had since the early 1980s.

The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and spiraling federal debt.

President Donald Trump has ordered federal agencies to “immediately pause” the spending of money from the Inflation Reduction Act, former President Joe Biden’s signature climate law that provided hundreds of billions of dollars in subsidies to clean energy and other climate initiatives.

Among President Donald Trump's volley of executive orders on inauguration day were several targeting the heart of inflation: housing and energy costs.

The president can believe what he wants to believe, and at this point, there appears to be no convincing him otherwise.

President Biden calls his economic and climate programs "the most significant investment in America since the New Deal." Here's the breakdown.

Biden said Republican-led states "really screwed up in terms of the way they handled their economy" in the wake of the COVID-19 pandemic.

Senator Rick Scott released his weekly update Friday on efforts to tackle the nation's debt crisis and combat rising inflation under the Biden-Harris administration. The report comes as recent data from the Bureau of Labor Statistics revealed increases in both the Consumer Price Index (CPI) and Producer Price Index (PPI) for December,

Joe Biden concludes his single term as, paradoxically, one of the best and worst presidents to occupy the Oval Office.

Historians say it will take years to fully assess Joe Biden's legacy, but several spoke to ABC News to offer a glimpse of their view on his presidency.

President Joe Biden looked back at his time in the Oval Office as a period of "hope, progress, and possibility," he said.