President Biden slams 'MAGA Republicans' as the 'real problem' at DNC reception

President Biden delivered a speech Friday during a reception for the Democratic National Committee in which he said "MAGA Republicans" are attempting to undo the progress made in the U.S.

Biden's remarks in Washington, D.C., come just days after he announced his presidential re-election campaign.

He touted his presidential accomplishments during his speech on Friday, including signing the CHIPS and Science Act, the Inflation Reduction Act, the American Rescue Plan and the bipartisan infrastructure and gun reform laws. He also highlighted his historic Supreme Court appointee of Justice Kentanji Brown Jackson, the first black woman to sit on the bench, and claimed his administration "reestablished America's leadership in the world."

"We restored America's standing on the world stage," he told Democratic donors.

Biden also claimed that "12 million brand-new jobs" were created in two years, which he said is more than any president has created in a four-year term. He also said unemployment is at 3.5%.