The number of COVID-19 cases is hitting a record high all across the U.S., suggesting the second coronavirus wave is underway. President-elect Joe Biden said fighting the pandemic will be his top order of business, but with his inauguration more than two months away, there is concern the fight against the virus could be insurmountable by then.
Among those vying for immediate action to be taken is Rep. Ami Bera (D-Calif. 7th District), who worked as a doctor before he was elected to Congress.
"We all know the outcome of this presidential election. I would hope the career scientists and others at the FDA, at the CDC, would start working with the Biden administration. And you're seeing some of that messaging change a little bit, but Donald Trump's unpredictable," Bera told Cheddar.
It's not just Americans' health at stake; it is also the health of the U.S. economy Bera is concerned about. Last week 709,000 Americans applied for first-time unemployment benefits. While that number better than expected, jobless claims are still exceedingly high across the U.S., a sign that relief for Americans should remain a priority, Bera said.
"I don't think we can wait until January 20th. I think we've got to get something done in this Congress, in the lame-duck session," he continued.
Getting the Vaccine Out
The California congressman suggested that the Biden administration will provide a "180-degrees difference" when it comes to strategizing the country's way out of the pandemic and will be led by science. Still, he believes there will be difficulty in distributing a vaccine once it becomes widely available.
"This is going to be a major logistical lift here in terms of how you get that out there, particularly if it is the Moderna or Pfizer vaccine because of the cold storage issues. They have to be kept at very cold temperatures," he explained.
When it comes to distributing the vaccine, Bera said workers on the frontlines of the pandemic, those at high risk of infection, and people in the hardest-hit communities should be tended to first.
With the holidays just weeks away, the pandemic is only expected to worsen and until a vaccine is ready, Bera said Americans must do their part and move responsibly.
"Everyone really should take the caution, wear a mask, avoid big gatherings, particularly big indoor gatherings," he said.
The government should also prepare the public for a vaccine, if and when it becomes available. "Between now and when that vaccine's available, let's have positive messaging and reassure the public that the science is going to drive when that vaccine is ready," he said
The Cowboy State has become one of the world's top tax havens, according to the Pandora Papers, a trove of more than 11.9 million documents obtained by the International Consortium of Investigative Journalists and The Washington Post. The papers reveal, among other things, how ultra-wealthy people from around the world move money into the U.S., invest, and spend it under a shroud of secrecy. Allison Tait, University of Richmond law professor, joined Cheddar to talk about Wyoming's laidback tax laws, their impact on the nation's economy, and provided some details on the financial arrangement known as the "cowboy cocktail."
Carlo and Baker preview President Biden's address to the nation as Omicron becomes the new dominant Covid strain. Plus, Trump gets booed for getting his booster and the White House gets a new puppy.
China and Russia are saying they want to work closer together in different areas after a recent call between Presidents Xi Jinping and Vladimir Putin. What are the implications of a close partnership between Beijing and Moscow? Cheddar News breaks things down with expert Hagar Chemali.
Michele Schneider, Partner and Director of Trading Research & Education for MarketGauge.com, joins Cheddar News' Closing Bell, where she says the spread of the Omicron variant and Jerome Powell's comments following the latest Fed decision are spooking investors heading into the weekend.
Carlo and Baker wrap up another week discussing the latest explosion in new Covid cases in the Northeast, President Biden's stalled agenda and more. Plus, Love, Hate, Ate featuring the question: why did movie dialogue get so hard to understand?
Since July 2021, families with children have received monthly payments from the federal government as part of the expanded child tax credit, a policy that may be expiring this month. Megan Curran, policy director at the Center on Poverty and Social Policy at Columbia University, joined Cheddar News to discuss.
During the pandemic, student loan debt repayment was put on pause amid an unprecedented crisis. However, on February 1, 2022, the schedule is set to resume, and currently it looks as though the Biden administration has no plans to extend it. Cody Hounanian, the executive director of the Student Debt Crisis Center, spoke to Cheddar about why he believes the loan collection pause needs to at least be extended as borrowers are still struggling with the resurgent pandemic and inflation. "There's really no good economic or policy or political reason as far as why they're focused on getting payments started now," Hounanian said. "We surveyed 33,000 people with student loans last month. Nine out of 10 told us that they are not ready to resume payments."
As the 2022 midterm elections fast approach, here are some politicians Americans should be on the lookout for. Democratic Massachusetts state senator Sonia Chang-Diaz, who was the first Latina and Asian American woman to be elected to the state's senate, now has her eye on the governorship with Republican Charlie Baker leaving. New Jersey GOP candidate for Congress, Billy Prempeh also bears watching, and while Boston's newest mayor, Democrat Michelle Wu, was already sworn in last month, all eyes will be on Beantown as the first woman and first person of color to hold the office tries to usher in a new era for the city.
