Democratic presidential candidate Sen. Bernie Sanders (I-VT) delivers a campaign update at the Hotel Vermont on March 11, 2020 in Burlington, Vermont. (Photo by Scott Eisen/Getty Images)
Vermont Senator Bernie Sanders delivered an address on the coronavirus outbreak, rounding out three perspectives from the current president and the two Democratic challengers to his presidency.
Sanders, who trails former Vice President Joe Biden in the delegate race to the nomination, used his speech to contrast with his rivals. He called for the Trump administration to declare a national emergency and appoint an "emergency bipartisan authority of experts" to determine the next steps in the crisis.
Like Biden earlier, Sanders criticized the White House response, calling the administration incompetent and point out that its "incompetence and recklessness have threatened the lives of many, many people in this country."
Sanders and Biden both mentioned the lack of intensive care units and ventilators, an issue raised by health officials but one that the administration has not touched upon. The senator called for mobilizing retired medical professionals and medical students to increase medical care. He implored the nation to protect doctors, medical professionals, and nurses with proper instructions and personal protective equipment both because their safety is important and because "if they go down, then our capacity to respond to this crisis is diminished."
"Our country is at a severe disadvantage," Sanders said, "because we do not guarantee healthcare to people as a right."
During the speech, news came in that France's Emmanuel Macron called coronavirus the worst health crisis in a century, ordered changes to businesses and education and, echoing the very words Sanders was delivering across the Atlantic Ocean, said France will massively increase hospital capacity to deal with the novel coronavirus.
Both Democratic hopefuls today pleaded for an expansion of current practices. Biden called for mobile testing centers and Sanders for an expansion of community health centers.
Sanders also listed proposals to support people from low-income neighborhoods and working-class families, including calling for providing healthcare to immigrants regardless of immigration status, emergency funding for paid medical and family leave and a moratorium on evictions, foreclosures, and utility shutoffs.
Repeatedly, health officials and, now, the Democratic hopefuls, have said a choice between a paycheck and staying home when sick will expedite the spread of a virus in need of slowing down so as not to overwhelm America's health system likely to be overwhelmed in the coming weeks.
"Here is the bottom line and that bottom line is that in the midst of this unprecedented moment, we need to listen to the scientists, to the researchers, to the medical folks — not the politicians," he said of the spread of the virus as "on the scale of major war."
Peter Zalzal, associate vice president for clean air strategies at the Environmental Defense Fund, a nonprofit environmental advocacy group, joined Cheddar to discuss the Biden Administration's unveiling of stricter fuel-efficiency standards for new automobiles. "The administration estimated that these rules will reduce about 2.5 billion tons of climate pollution by 2050, and using less fuel also means that we have to go to the gas pump less often. And so it means we save money, thousands of dollars in avoided fuel costs each year for consumers," he noted.
The relatively robust March jobs report showed that despite the low unemployment rate, Black, Hispanic, and women job seekers are still having difficulty finding work. William M. Rodgers III, the vice president and director of the Institute for Economic Equity at the Federal Reserve Bank of St. Louis noted that participation rates in the labor force ticked up for minorities, adding to other positive signs of growth. He also spoke to Cheddar News to discuss further the jobs figures, the state of the labor market, and rising inflation.
U.S. markets opened higher to kick off the second quarter, despite a miss on the March Jobs Report. The economy added $431,000 in the month, slightly lower than the $490,000 analysts had expected. The unemployment rate also ticked down to 3.6% from 3.8%. Kevin Simpson, Founder & Chief Investment Officer, Capital Wealth Planning joined Cheddar's Opening Bell to discuss.
President Biden is going after billionaires in his 2023 budget request to congress. The proposal would establish a 20% minimum tax rate on all households worth more than $100 million, as well as raise the corporate tax rate from 21% to 28%. Rhett Buttle, Small Business for America's Future Senior Advisor, Business Policy Expert & Biden Campaign Business Advisor, breaks down the proposal, what it aims to accomplish, and how small businesses might feel about it.
The Biden administration has announced the U.S. will accept up to 100,000 refugees fleeing the war in Ukraine and provide more than 1 billion dollars in new funding for the growing humanitarian crisis. The move comes as President Biden meets with his western counterparts in Europe to demonstrate a united front against Russia and show support for Ukraine. Altagracia Pierre-Outerbridge, Immigration Attorney for Outerbridge Law, explains how this is going to work.
The DOJ has endorsed an antitrust bill targeting tech giants like Apple, Amazon, Meta, and Google. The legislation would ban the companies from favoring their own products and services over their competitor's, making it more difficult them to dominate the marketplace. Greg Day, Assistant Professor of Legal Studies at the University of Georgia, breaks down the bill and its potential impact on anti-competition in the tech sector.
Catching you up with what you need to know on Apr 1, 2022, with Ukrainians hoping to flee the besieged city of Mariupol with a ceasefire is in place, President Biden orders the release of oil from U.S.reserves, LGBT activists suing Florida Governor Ron DeSantis over the "Don't Say Gay" Law, U.S. passports offering an "x" option for gender, and more.
America’s employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy’s resilience in the face of a still-destructive pandemic and the highest inflation in 40 years.
