Among the more ambitious parts of Joe Biden's policy agenda, announced to little fanfare just before the pandemic hit back in February, is a relatively straightforward idea: make the federal housing voucher program — known as Section 8 — universal, available to every low-income family who qualifies.
That policy alone, the focal point of Biden's $640 billion housing plan, would go a long way toward solving this country's affordable housing crisis, according to Julian Castro, the former HUD secretary under President Obama.
The crisis has been exacerbated by COVID-19; an estimated 20 million people are at risk of eviction over the next several months, as state and local moratoriums enacted in March begin to expire along with the federal enhanced unemployment benefits. But even in the absence of an event like coronavirus, expanding Section 8 might be the single best — and most realistic — policy that a Biden administration could pass that would close the delta between families who need access to affordable housing, and families who actually get it, according to Castro. (Right now, an estimated 11 million people are left out).
While homelessness had been on the decline, it has ticked back up in recent years, partially, Castro said, because the Trump administration has not prioritized action on affordable housing
Education is clearly important, Castro said, but it gives a pass to the federal government's responsibility to invest in housing.
"There's no commitment in this administration to actually make those investments," he said, noting that there has been no action in the Republican-controlled Senate on the HEROES Act, which would provide $100 billion in emergency rental assistance for those affected by the pandemic.
But the root problem — spiking rents, not enough inventory, a general decline in the welfare state — long preceded coronavirus.
"The scale of the problem we have...requires significant federal government investment in more affordable housing," Castro said.
Dr. Nasia Safdar, Doctor at UW Madison, joined Wake Up With Cheddar to discuss the implications of Merck sharing its antiviral pill, which has been shown in early trials to cut hospitalizations and deaths by half, with poorer nations around the globe.
The Federal Reserve finally announced its taper plan on Wednesday saying that it planned to scale back on bond purchases as growth slows, and would not rush to raise interest rates. Ross Mayfield, Investment Strategy Analyst at Baird spoke on whether or not a decrease in inflation could be in the country’s future amidst comments made by Fed chairman Jerome Powell. Baird also broke down ADP jobs numbers ahead of the Labor Department's October jobs report.
Going into election day on Tuesday, many of us had an inkling it might not be a great day for Democrats. History tells us the president's party tends to lose congressional seats, governorships and state legislature seats in off-year and midterm elections. Tuesday turned out to be a big wake-up call for democrats. Not only did Terry McAuliffe lose in the Virginia governor's race, Gov. Phil Murphy won re-election by an incredibly slim margin. Both races saw continued Democratic losses in rural areas and a shift of suburban voters back to the GOP. Liz Landers, chief political correspondent at Vice News, joins Cheddar Politics to discuss.
Week one of UN climate summit is coming to an end, world leaders made a number of promises to save the planet. President Biden attended the first two days of the meeting.
Alan Neuhauser, vice president of Silverline Communications, joined Cheddar Politics to talk more about the pledges that came out from the summit and their significance.
It's been a busy week for the Supreme Court. It heard arguments on three of the most watched cases in the docket for this term. The court heard arguments in two cases challenging the Texas abortion law on Monday - one filed by abortion providers and the other by the justice department. Instead of weighing in on the constitutionality of the matter itself, justices focused on the unusual structure of the law that enables citizens to enforce the law, not the state government.
On Wednesday, the court heard arguments in the biggest Second Amendment case in more than a decade. The dispute is over a New York gun law that requires people seeking a license to carry a handgun in public to show a "proper cause." The challengers in this case claim the law inhibits their constitutional Second Amendment rights.
Amy Howe, co-founder of SCOTUSBlog, joined Cheddar Politics to break the cases down.
This is the first installment of Cheddar Changemakers, where we spotlight young activists making a difference in the world and speaking up on issues regarding mental health, voting, and climate change.
Republicans are considered, and often act like, the party opposed to action on climate change. They've made a point of fighting even modest regulations on businesses related to stemming the worst effects of climate change. But Republicans aren't a monolith on climate change, and our next guest reminds us that "conservation" and "conservative" have the same word root.
Quill Robinson, VP of government affairs at the American Conservation Coalition, joins Cheddar Politics to discuss.
The mayor of Portland, Oregon, Ted Wheeler joined Cheddar News Wrap to discuss his plans to get an increase in the city's police budget for more personnel, changes to public safety response, and more body cameras. The Democratic mayor addressed the growth in violent crimes amid the pandemic, but noted the need for officers who take their roles seriously. We want officers who understand that policing is an important responsibility, it's a high calling," he said. "We also want a police bureau that is accountable and responsible to the public it serves."
More American tech companies continue to pull their businesses out of China as the Communist Party cracks down on firms — both foreign and domestic. Yahoo and Fortnite have become the latest companies to withdraw from the country, and the withdrawals come just days after Microsoft announced it would take LinkedIn offline. Shehzad Qazi, managing director at China Beige Book International, joined Cheddar to provide some insight into how the crackdowns in China would also impact the tech companies at home in the United States.
