With Pfizer's COVID-19 vaccine receiving emergency use approval, there is still the hurdle to clear of getting it to the people. Senator Tina Smith (D-Minn.) is concerned about whether or not states will be able to effectively distribute the vaccines.
"This is a mammoth undertaking, and I believe that they're going to need some extra help," Smith told Cheddar, about funding needs in a new COVID relief bill.
Under the current strategy, states will receive shipments from the federal government then decide how to administer the vaccines to residents, with frontline and essential workers being at the top of the list.
"We have a big state and large rural communities, and so, one of our big issues is making sure that we get those vaccines, especially the ones that require supercooling," Smith added.
Despite some bipartisan agreements to extend federal aid to states, according to Smith,
"Mitch McConnell has done nothing but pour cold water on this," she said. "The big hold up is that he and others in his party don't want to provide help for states for the additional needs that they have around COVID and insisting on this massive immunity to corporations from any kind of legal liability around COVID."
Continued Testing Roadblocks
As cases surge across the country, Smith said the lack of a national strategy in developing and accessing tests, persists in being an issue that is "stymying our efforts" to beat COVID-19.
"What we are hearing from these testing companies that they are still experiencing shortages around some of the supplies that they need to do the tests, including swabs and reagent, and they are also quite worried about shortages of personal protective equipment, which are so necessary for completing these tests," she said, also noting that paying for the testing has also raised questions.
Smith also pointed out that there were shortfalls in testing children, who may spread the disease.
Continued Quarantines
Minnesotans have been under lockdown order for the past three weeks and could be in for additional quarantine time as Governor Tim Walz is expected to make a decision next week. Smith said while it's hard for residents to be away from family, especially during the holidays, the lockdown, along with mask-wearing, is necessary if we want to have a chance at finally beating the virus.
"Every day, more people are dying from COVID-19 than we lost in 9/11, and unless we are able to turn that tide, we're going to be seeing just a tragic winter. That's over 3,000 souls every day that we are losing," she said.
The tax deadline in the U.S. is on April 18 this year, and some filers may still not be able to complete their return by then. Cheddar has partnered with Jackson Hewitt to let you know what you can do should you blow the deadline.
With tax day just five days away, David Ragland, Certified Financial Planner, Certified Divorce Financial Analyst and Chief Executive Officer of IRC Wealth joined Cheddar's Opening Bell to break down everything you need to know ahead of the upcoming tax deadline.
Russia has defaulted on some of its foreign debt as a tidal wave of western sanctions threatens its economy. The credit ratings agency S&P has placed Russia under "selective default" after it tried to pay its latest obligations in rubles. Russia now has a 30-day grace period to resolve the issue, but Moscow is threatening to take legal action. George Seay, Annandale Capital's CEO, joined Cheddar to break down what this means, and how Russia defaulting on its debt might impact the global economy.
China's zero-covid policy may pose a wide-ranging threat to the local, and overseas economy. Analysts voicing concern on the strict lockdown in Shanghai as businesses and ports remain shuttered, potentially threatening the global supply chain. Shehzad H. Qazi, Managing Director, China Beige Book International joined Cheddar's Opening Bell to discuss.
The consumer price index in March rose by 8.5% from a year ago, the fastest annual gain since December 1981 and one-tenth of a percentage point above the estimate. The rise in prices is driven by strong consumer demand, supply-chain disruptions and skyrocketing energy costs related to Russia's invasion of Ukraine. Heather Boushey, Council of Economic Advisers Member for President Biden, joined Cheddar's Opening Bell to give her reaction to the latest inflation numbers.
As China faces backlash from its response to Russia's invasion of Ukraine, the U.S. is strengthening its relationship with India. India is expected to become one of the top three economic powers in the world over the next 10 to 15 years, bolstered by technological advances and the manufacturing sector. Samir Kapadia, CEO and Principal of The Vogel Group, joined Cheddar to discuss the state of India's economy, and how it can only grow from here.
With the midterms just a few months away, record-setting inflation is weighing on the minds of voters. According to a recent CNN poll, a majority of voters said the state of the economy will play a key role in how they cast their ballot, and 55% said the same of inflation. Joseph Zeballos-Roig, Economic Policy Reporter for Insider, joined Cheddar to discuss how inflation could shape the 2022 midterms, and ultimately determine the balance of power in Congress.
The Brooklyn subway attack is the latest in a string of high-profile crimes that have plagued New York City. The surge in crime comes as cities across the country are trying to recover from the pandemic and bring life back to a sense of normal. Joseph Giacalone, professor at John Jay College and retired NYPD sergeant, joined Cheddar's Opening Bell to explain what's behind the rise in crime, and what can be done about it.
After failing to take control of northern and western Ukraine, Russia is shifting its focus to the east. As both sides continue to pour reinforcements into the region, officials are expecting more conventional combat involving tanks, artillery, and aircraft that could shape the war's biggest battles yet. Doug Collins, a former Georgia congressman, joined Cheddar to discuss the change in Russia's tactics.
Catching you up on what you need to know on Apr 14, 2022, with the U.S. sending $800M to Ukraine, updates on the subway shooting in Brooklyn, Gov. Abbott putting a pause on his southern border truck inspections, migrants being bused from Texas to Washington, DC, the travel mask mandate extending until May 3, and more.
