FILE - President Joe Biden arrives at the White House, in Washington, from his Asian trip, Tuesday, May 24, 2022. The Congressional Budget Office released an economic outlook Wednesday saying that high inflation will persist into next year, likely causing the federal government to pay higher interest rates on its debt. (AP Photo/Manuel Balce Ceneta, File) (Manuel Balce Ceneta, Copyright 2022 The Associated Press. All rights reserved.)
President Joe Biden delivered the commencement address at the U.S. Naval Academy in Annapolis, Maryland on Friday at about 9:30 a.m.
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