In this July 21, 2020, file photo, pall bearers carry a casket with the body of Lydia Nunez, who died from COVID-19, after a funeral service at the Metropolitan Baptist Church in Los Angeles. The U.S. death toll from the coronavirus has eclipsed 400,000 in the waning hours in office for President Donald Trump, whose handling of the crisis has been judged by public health experts to be a singular failure. (AP Photo/Marcio Jose Sanchez, File)
The U.S. death toll from the coronavirus eclipsed 400,000 on Tuesday in the waning hours in office for President Donald Trump, whose handling of the crisis has been judged by public health experts a singular failure.
The running total of lives lost, as compiled by Johns Hopkins University, is nearly equal to the number of Americans killed in World II. It is about the population of Tulsa, Oklahoma; Tampa, Florida; or New Orleans. It is equivalent to the sea of humanity that was at Woodstock in 1969.
It is just short of the estimated 409,000 Americans who died in 2019 of strokes, Alzheimer’s, diabetes, flu and pneumonia combined.
And the virus isn't finished with the U.S. by any means, even with the arrival of the vaccines that could finally vanquish the outbreak: A widely cited model by the University of Washington projects the death toll will reach nearly 567,000 by May 1.
While the Trump administration has been credited with Operation Warp Speed, the crash program to develop and distribute coronavirus vaccines, Trump has repeatedly downplayed the threat, mocked masks, railed against lockdowns, promoted unproven and unsafe treatments, undercut scientific experts and expressed scant compassion for the victims.
Even his own bout with COVID-19 seemed to leave him unchanged.
The White House defended the administration.
“We grieve every single life lost to this pandemic, and thanks to the president’s leadership, Operation Warp Speed has led to the development of multiple safe and effective vaccines in record time, something many said would never happen," said White House spokesman Judd Deere.
President-elect Joe Biden takes office on Wednesday.
The nation reached the 400,000 milestone in just under a year. The first known deaths from the virus in the U.S. were in early February 2020, both of them in Santa Clara County, California.
While the count is based on figures supplied by government agencies around the world, the real death toll is believed to be significantly higher, in part because of inadequate testing and cases inaccurately attributed to other causes early on.
It took four months to reach the first 100,000 dead. It took just over a month to go from 300,000 to 400,000.
The six-month trial of Theranos founder Elizabeth Holmes has come to an end with the former tech startup star found guilty of four out of 11 counts of fraud. Michael S. Weinstein, Esq, chair of the white collar criminal defense practice at Cole Schotz, and former Department of Justice trial attorney, joined Cheddar News Wrap to discuss what happens next for the former mogul. "Do I think it's going to be more than five or seven years? Probably yes. I think that's probably a fair range at this point," he said about her potential prison sentence.
We are just one day away from what has been called the most influential tech event in the world. CES 2022 will officially kick off on Wednesday in Las Vegas, but the annual tech summit is being impacted by COVID-19, like so many other recent events. The Consumer Technology Association originally planned for a hybrid event to take place from January 5-8, with some in-person events and some virtual; however, a few big-name companies announced they will not be attending in-person, so the CTA decided to shorten the event by one day, with it now ending on Friday. Consumer electronics senior analyst Will Greenwald joins Cheddar News' Closing Bell to discuss.
California's new composting law will affect what residents do in their kitchens. As of this week, Californians will have to recycle excess food in an effort to reduce emissions caused by food waste. Cities and counties will turn recycled food into compost or use it as a renewable energy source. California's new law is the largest mandatory residential food waste recycling program in the country. Rachel Wagoner, Director of the California Department of Resources, Recycling and Recovery called the law 'the biggest change to trash' since recycling started in the 1980s. She joined Cheddar Climate to discuss.
Fast-casual restaurant chain Sweetgreen is rolling out its first salad subscription service called sweetpass as it looks to customers tackling new year weight loss and health goals. Members will receive up to 30 percent off of purchases.
Washington DC and the surrounding areas saw a record breaking snow storm Monday as a strong storm system works its way across the eastern U.S. The extreme weather event caused extensive damage in the greater Washington area, leaving thousands in the region without power. Jonathan Porter, Chief Meteorologist, AccuWeather, joined Wake Up with Cheddar to discuss the fierce storm.
Airlines canceled more than 3,000 flights on Monday over severe weather and crew shortages. The cancellations come on one of the busiest travel days of the holiday season, and is a continuation of the industry-wide disruption that started before Christmas. Thomas Pallini, Aviation Reporter for Insider joined Wake Up with Cheddar to discuss.
Millions of Americans with young children have relied on the child tax credit since the federal government began issuing checks in July 2021. The last round of payments was sent out just before the Christmas holiday — at the same time as the omicron variant surged. Leah Hamilton, associate professor of social work at Appalachian State University, joined Cheddar to discuss what the end to the tax credit means as the U.S. sees the end of many relief programs and its highest number of COVID cases since the start of the pandemic. "It'll become harder for families to meet their basic needs, increasing national childhood poverty rates and the proportion of families who have difficulty putting food on the table, maintaining stable housing, and paying their bills," Hamilton said. She also pointed to research that the credit as a long-term investment in children offsets claims that it contributes to macroeconomic impacts like inflation.
Several Silicon Valley insiders are being accused of contorting a 1990s-era tax break to avoid taxes on millions of dollars of investment profits. The tax break is known as the qualified small business stock exemption, and it allows early investors in certain companies to avoid half of the taxes on up to $10 million in capital gains. A piece recently published in the New York Times says venture capital firms like Andreessen Horowitz replicated the tax exemption by giving shares of companies to friends and family, who would otherwise face a 23.8% capital gains bill. The CEO of Roblox is also accused of replicating the tax break for his family members at least 12 times. Although the loophole known as 'stacking' is considered to be legal, the Times piece implies that the exemption has been manipulated for the ultra-wealthy to become more wealthy. Greycroft co-founder and Chairman Emeritus Alan Patricof joins Cheddar News' Closing Bell to discuss.
