Showing posts with label U.S. economy. Show all posts
Showing posts with label U.S. economy. Show all posts

Monday, August 15, 2022

GOVERNANCE - Inflation Reduction Act

"How Democrats coalesced around the Inflation Reduction ActPBS NewsHour 8/8/2022

Excerpt

SUMMARY:  After working through the weekend, Democrats are on the cusp of passing an historic, half-trillion dollar spending package.  It's a mere fraction of what President Biden first sought more than a year ago, but significant nonetheless.  Lisa Desjardins is here to unpack what's in the deal and how party leaders managed to shepherd it to the finish line when losing a single vote would have sunk it.

 

 

"What the reconciliation bill would do to boost clean energy and combat global warmingPBS NewsHour 8/8/2022

Excerpt

SUMMARY:  If the House passes the Inflation Reduction Act in the coming days it will lead to by far the biggest investment the federal government has made on tackling climate change.  Several estimates have indicated the initiative may mean a 40 percent reduction in America’s carbon emissions by 2030 from 2005 figures.  Paul Bledsoe of the Progressive Policy Institute joins William Brangham to discuss.

 

 

"Senate Majority Leader Chuck Schumer discusses Democrats’ major climate and health billPBS NewsHour 8/9/2022

Excerpt

SUMMARY:  President Biden on Tuesday signed the bipartisan CHIPS Act into law, just days before his top health care, tax and climate change bill known as the Inflation Reduction Act heads to the House, where it's likely to pass after proceeding through the Senate along party lines.  Senate Majority Leader Chuck Schumer, who played a key role in getting the bill passed, joins Judy Woodruff to discuss.

 

 

"How the Inflation Reduction Act could affect your taxesPBS NewsHour 8/10/2022

Excerpt

SUMMARY:  There’s a $1 trillion gap between what Americans owe in taxes and what the government collects.  The Democrats’ budget deal would unleash nearly 100,000 new IRS agents to round up all that missing money.  Former IRS Commissioner John Koskinen joins Lisa Desjardins to discuss the impact the crackdown on tax evaders will have on the nation’s bottom line.

 

 

"Democrats celebrate legislative win in passing of climate, health and tax billPBS NewsHour 8/8/2022

Excerpt

SUMMARY:  Congressional Democrats are celebrating a landmark legislative victory after passing the Inflation Reduction Act, which President Biden is set to sign into law this week.  Meanwhile, the Justice Department is investigating Donald Trump for potentially violating the Espionage Act after classified documents were found in his home.  Special correspondent Jeff Greenfield joins Geoff Bennett to discuss.



Monday, June 20, 2022

AMERICAN ECONOMY - Markets and Fed Response

"Markets plunge amid fears of sharply higher interest ratesPBS NewsHour 6/13/2022

Excerpt

SUMMARY:  Wall Street has gone into meltdown mode over inflation fears and the possibility that higher interest rates are imminent.  The Dow Jones Industrial Average, NASDAQ and the S&P 500 all fell significantly.  It is now officially a bear market, down more than 20 percent from its January high.  Julia Coronado, MacroPolicy Perspectives president and former Fed economist, joins Judy Woodruff to discuss.

 

 

"Federal Reserve implements highest interest rate hike in decades to combat inflationPBS NewsHour 6/15/2022

Excerpt

SUMMARY:  The Federal Reserve on Wednesday ramped up its efforts to fight inflation with a notable interest rate hike.  Officials voted to raise rates by three-quarters of a point, a jump higher than expected just a week ago.  Fed chair Jerome Powell acknowledged the ongoing rate hikes might slow growth later this year, as the Fed projected unemployment would rise to 4 percent by 2024.  Paul Solman reports.



Monday, November 08, 2021

JOBS REPORT - Strong Gains...but

"The latest jobs report showed strong gains, but a worker shortage still exists.  Here’s whyPBS NewsHour 11/5/2021

Excerpt

SUMMARY:  The latest jobs report showed stronger than expected gains last month and found more jobs were created in August and September than previously estimated.  The private sector gained momentum, with the leisure and hospitality sector adding 164,000 jobs.  The professional business sector grew by 100,000; manufacturing by 60,000.  Diane Swonk chief economist at Grant Thorton, joins Amna Nawaz with more.



Monday, October 11, 2021

PRESIDENT BIDEN - Pitching Infrastructure Bill in Michigan

"Why Biden pitched infrastructure bill in Michigan amid congressional stalematePBS NewsHour 10/5/2021

Excerpt

SUMMARY:  President Joe Biden spoke in Michigan Tuesday on the need for his infrastructure and social spending plans, as negotiations over both bills are underway on Capitol Hill.  Yamiche Alcindor talks to two leaders in the state about what Michiganders need and the potential impact of the Biden agenda.



U.S. TRADE - China

"Biden officials to enforce Trump trade deal with China, work toward ‘durable coexistence’PBS NewsHour 10/4/2021

Excerpt

SUMMARY:  The Biden administration on Monday unveiled its long awaited approach to trade relations with China.  U.S. Trade Representative Katherine Tai said she would restart trade talks with Beijing, but maintain most Trump-era tariffs on China.  Nick Schifrin explains.



AMERICAN POLITICS - America's Debt Ceiling

Debt Ceiling:  "The United States debt ceiling or debt limit is a legislative limit on the amount of national debt that can be incurred by the U.S. Treasury, thus limiting how much money the federal government may pay on the debt they already borrowed.  The debt ceiling is an aggregate figure that applies to the gross debt, which includes debt in the hands of the public and in intra-government accounts.  About 0.5% of debt is not covered by the ceiling." - WikipediaWhich means today's Debt Ceiling has to do with Trump era spending and nothing to do with Biden's spending requests.

"Biden accuses GOP of playing ‘Russian roulette’ with economy in debt ceiling standoffPBS NewsHour 10/4/2021

Excerpt

SUMMARY:  A high stakes standoff between President Joe Biden and Senate Republicans is unfolding in Washington over the country's debt limit.  It comes just two weeks before the United States is set to default on its debt, which could trigger damaging economic consequences for the entire country.  Biden on Monday called Republicans' position "dangerous."  Yamiche Alcindor joins Judy Woodruff with more.

 

 

"Congress should raise debt ceiling for the long term, White House economic adviser saysPBS NewsHour 10/6/2021

Excerpt

SUMMARY:  With a new but possibly temporary deal providing a potential pathway out of the impasse between congressional Democrats and Republicans over raising the federal debt limit, Judy Woodruff gets more on the state of play and what's at stake with Jared Bernstein, a member of the President's Council of Economic Advisers.

 

 

"After public barbs, Schumer and McConnell on brink of agreement in private debt talksPBS NewsHour 10/6/2021

Excerpt

SUMMARY:  There is a new offer on the table in Congress tonight — a potential pathway out of the impasse between Democrats and Republicans over raising the federal debt limit.  The consequences of a default would be severe.  Congressional correspondent Lisa Desjardins reports on the new offer and the possibility of it gaining traction.

 

 

"Some in GOP unhappy with McConnell over short-term debt deal with DemsPBS NewsHour 10/7/2021

Comment: Read title as "Trump worshiping GOP unhappy....."

Excerpt

SUMMARY:  After weeks of stalemate, Senators have reached agreement to temporarily raise the debt ceiling, shortly before Republicans prepared to block legislation to suspend the debt limit until December of next year.  The agreement averts a possible economic crisis — for now.  Congressional correspondent Lisa Desjardins explains the details of the agreement and what lies ahead.



Monday, May 24, 2021

IMMIGRANTS - US Immigrant Workers

"The US has a ‘thirst’ for immigrant workers.  Why do so many struggle to get legal status?PBS NewsHour 5/20/2021

Excerpt

SUMMARY:  President Joe Biden has said that changing immigration law remains an important piece of his agenda.  But the path to new legislation is complex and hardly clear.  One of the biggest flashpoints in this debate are questions about undocumented workers and their role in the economy.  Paul Solman dives into those questions for his latest report for "Making $ense."



Monday, April 26, 2021

NATIVE AMERICANS - And the American Rescue Plan

"Why Native Americans are excited about the American Rescue Plan, and their futurePBS NewsHour 4/23/2021

Excerpt

SUMMARY:  Last month, Congress approved a record amount of money for Native American tribes in the American Rescue Plan.  On Friday, First Lady Jill Biden spent the second of two days meeting with Navajo officials and hearing about their needs, after a devastating COVID-19 outbreak on the Navajo Nation last year.  Stephanie Sy reports on what the future could look like for indigenous Americans.



Monday, April 05, 2021

AMERICAN JOBS - The Jobs Report

"Strong jobs report offers signs of hope for an economic recoveryPBS NewsHour 4/2/2021

Excerpt

SUMMARY:  The U.S. Labor Department reported Friday a net gain of 916,000 jobs last month, the most since August, while the unemployment rate fell to 6 percent.  The upbeat jobs report seems to confirm some economists' forecasts that the economy is on its way to recovery.  Louise Sheiner, of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, joins William Brangham to discuss.



Monday, March 22, 2021

JOBS IN AMERICA - As Nationwide Unemployment Grows......

"As nationwide unemployment grows, Rhode Island steps in to help residents find workPBS NewsHour 3/18/2021

Excerpt

SUMMARY:  This week marked the 52nd straight week of high unemployment claims, with numbers rising as more than a million people filed for state and emergency federal unemployment benefits across the country.  One state, Rhode Island, is working to reverse that trend by matching several thousand job-seeking residents with potential employers.  Paul Solman has the story for our series, "Work Shift."

 

 

"Stockton, California, gave residents a guaranteed income.  Here’s what happenedPBS NewsHour 3/21/2021

Excerpt

SUMMARY:  What would happen if you gave people $500 a month, no strings attached?  Stockton, California set out to answer that question two years ago as one of the first U.S. towns to pilot a Universal Basic Income program.  Former Stockton mayor Michael Tubbs joins Hari Sreenivasan to discuss the findings of this social and economic experiment — and what it could mean for America’s future.



Monday, March 15, 2021

AMERICAN POLITICS - The COVID Stimulus Package

How typical, Republicans worry about spending $1.9 trillions on ordinary Americans while they have no problem in giving the wealthy trillions in tax breaks over the years."  Shows just who the GOP serves.

"President Biden’s sweeping stimulus package on the cusp of becoming lawPBS NewsHour 3/8/2021

Excerpt

SUMMARY:  House Democrats are waiting to give final approval to the $1.9 trillion COVID relief package that was backed along party lines Saturday in the Senate.  They are pressing to get the bill to President Biden to sign before federal unemployment benefits expire on March 14.  Lisa Desjardins and Yamiche Alcindor join Judy Woodruff to discuss some of the details.

 

 

"Sen. Alex Padilla on COVID relief: ‘It’s going to make a world of difference’PBS NewsHour 3/8/2021

Excerpt

SUMMARY:  During the weekend, all 50 Senate Democrats voted to pass the COVID relief bill.  One of them is Sen. Alex Padilla, a California Democrat, who joins Judy Woodruff from Capitol Hill to discuss how it will affect his state, Republican opposition to the bill, immigration and raising the federal minimum wage.

 

 

"Rep. Nicole Malliotakis on COVID aid: ‘You don’t need to spend $1.9 trillion’PBS NewsHour 3/9/2021

Excerpt

SUMMARY:  President Biden's nearly $2 trillion COVID aid bill is one step closer to becoming law as the House of Representatives scheduled a final vote on the legislation.  In advance, Democrats and Republicans jousted again over the details of the bill.  New York Rep. Nicole Malliotakis joins Judy Woodruff to discuss the Republican perspective.

 

 

"How the $1.9 trillion COVID relief bill will bolster the Affordable Care ActPBS NewsHour 3/10/2021

Excerpt

SUMMARY:  A key part of the COVID aid bill creates the most significant changes to the Affordable Care Act since it was passed more than 10 years ago, including larger subsidies to buy insurance, reducing deductibles and more money for Medicaid expansion.  The CBO estimates the changes would cost more than $90 billion in the next two years.  Julie Rovner, of Kaiser Health News, joins Judy Woodruff to discuss.

 

 

"Sen. Chris Coons: COVID relief will ‘lead to a strong recovery’PBS NewsHour 3/11/2021

Excerpt

SUMMARY:  For a perspective on President Biden's historic stimulus bill from a Democrat, Delaware Sen. Chris Coons joins Judy Woodruff to discuss American support for COVID relief, bipartisanship under Biden, and how the impact of the pandemic was "far worse than it needed to be."

 

 

"Biden to address the nation after signing historic COVID relief bill into lawPBS NewsHour 3/11/2021

Excerpt

SUMMARY:  It was one year ago today the World Health Organization declared COVID-19 a global pandemic.  On Thursday, days after Congress passed a $1.9 trillion aid bill with a party-line vote, President Biden signed the legislation into law.  The President will address the nation tonight about the new law and federal efforts to combat the pandemic.  Yamiche Alcindor joins Judy Woodruff to discuss.

Full Speech: President Biden's first prime-time address to the nation (24:01)



Monday, March 01, 2021

OPINION - Brooks and Capehart 2/26/2021

"Brooks and Capehart on COVID relief, CPAC and President Biden’s nomineesPBS NewsHour 2/26/2021

Excerpt

SUMMARY:  New York Times columnist David Brooks and Washington Post columnist Jonathan Capehart join Judy Woodruff to discuss the week in politics, including passing a COVID relief bill without a minimum wage increase, the prospects for President Biden’s Cabinet nominations, and the Conservative Political Action Conference.

Judy Woodruff (NewsHour):  And now to the analysis of Brooks and Capehart.  That's New York Times columnist David Brooks, and Jonathan Capehart, columnist for The Washington Post.

Hello to both of you.  So good to see you on this Friday night.

While President Biden is in Texas, David, he's got some problems back here at home emerging.  His COVID relief plan is moving through the House of Representatives, but, in the Senate, no Republicans seem to be on board.  And then you have the minimum wage part of it knocked out.

Where does that leave the whole thing?  Why have they had such a hard time getting Republicans on board?

David Brooks, New York Times:  Well, $1.9 trillion is a lot of money.  The Republican — 10 Republican Senators came in with an 800 — a 600-some-odd billion bill, and that was just too wide a gap.

So, the Democrats decided, we need to do this fast moving, we need to do this big.

(CROSSTALK)

Judy Woodruff:  I'm going to interrupt you.  David, I'm going to interrupt you because we're having a little difficulty with your camera.  You're not in focus.

(LAUGHTER)

David Brooks:  I see that.

Judy Woodruff:  We're going to give folks a chance to figure that out.

(LAUGHTER)

Judy Woodruff:  Apology.  We're going to go to Jonathan first.

So, Jonathan, you get to go first on this.  But with the President's COVID relief plan, where are we now?

Jonathan Capehart, Washington Post:  Well, right now, the big thing is that the minimum wage piece of it, the $15 minimum wage increase, was stripped out of the bill by the Senate Parliamentarian.

It is something, actually, that President Biden signaled was coming when he did that interview with Norah O'Donnell on CBS a few weeks back, where he mused that this probably isn't going to make it into the bill.

And, of course, he would think that and know that, given that he served more than three decades in the United States Senate.  He is a creature of the Senate.  He knows what the rules are.

And, so with the minimum wage piece out of the $1.9 trillion COVID relief package, I think it makes it easier to get it passed out of the Senate.  Remember, both Senators Joe Manchin and Kyrsten Sinema were against, said they were against raising the minimum wage to $15 an hour.

And so now I think it now puts the focus on all the other pieces within the COVID relief package.  That makes it easier, I think, for the Democrats to pass the bill with Democratic votes only.  That's assuming no other Republicans sign on to the bill.

Judy Woodruff:  All right, David, I think we have got this straightened out, sort of almost.  Yes, we can see you pretty clearly now, which is the way we like to see you.

Why do you think there have been problems getting Republicans on board with this COVID plan?

David Brooks:  Well, I thought all my thoughts were blurry.

(LAUGHTER)

David Brooks:  I think they — actually, can I just mention — Jonathan was talking about the minimum wage piece.

I think it has absolutely become a fascinating moment to see if — whether we can have compromise.  So, the Democrats want 15.  They're not going to get it.  They're not — as Jonathan said, there may be 48 votes.  They need 60.

And so Mitt Romney and Tom Cotton are for 10.  Joe Manchin is for 11.  So, can they cut a deal and get it to 12 or 13?  And would that be good enough?  And, to me, that would be good enough.

I personally think 15 is fine in places like New York and California, where the wage structure is high.  But it's too high in a lot of other places.  And the Congressional Budget Office estimates that it would eliminate 1.4 million jobs.  That's a lot of jobs.

So, a $12 to $13 minimum wage would make more sense in more places.  And — but we will see if the Democrats are in the mood to come down and if Republicans are in the mood to go up.  To me, it's a crucial test of whether there even can be bipartisanship, because this is a pretty simple issue where you can split the difference.

Judy Woodruff:  And, Jonathan, do you think they can?  Do you think they can come together on that?

Jonathan Capehart:  I would hope that they could come together on this.

Look, I actually think it is a good thing and for the best that the minimum wage was stripped out of the COVID relief bill, simply because the nation needs to have the conversation about the minimum wage, how much it should be, how — over how much time it should it should be phased in.

With it stripped out, we can actually have this conversation and have the compromise — potentially have the compromise that David is talking about there.

You know, and to his point about the minimum wage being — meaning something different in other areas, you know, we have seen states raise the minimum wage by popular vote.  We saw that happen in Florida in 2020, where the state went for President Trump.  He [Trump] won the state, but 60 percent of Floridians voted to raise the minimum wage to $15 an hour.

I think it is a debate worth having in the country.

Judy Woodruff:  We shall see.

But, David, before I let you go on that, is it a problem for Joe Biden if this goes through, the COVID relief, on a party-line vote, without Republicans?

David Brooks:  It's not ideal.  He ran on — yes.  He ran on bipartisanship.

But this bill has 70 percent support, or nearly 70 percent support.  I'm really struck by how little Republicans are actually fighting this.  They'd rather talk about something else or Neera Tanden or something than talk about this.

And I think that's because they have lost some of the big fight or the debate on fiscal — government spending and fiscal health.  There used to be a strong — a large number of people who really did not like government spending programs.  And Republicans could win elections on that.

After Donald Trump, that kind of conservative is much less significant.  There are fewer of them.  And so Republicans have lost the overall debate on spending.  And they don't seem to be able to be even trying to defeat the COVID-19.  They will it go through on reconciliation.

Judy Woodruff:  And, Jonathan, David raises Neera Tanden, the one nominee of President Biden's Cabinet who does seem to be running into real problems.

What do her prospects look like to you?  She would be the director of Office of Management and Budget.

Jonathan Capehart:  I think she absolutely should be the director of Office — the Office of Management and Budget.  I think the fact that her nomination is still alive says a lot about her, but it says, I think, a lot more about President Biden and the Biden White House, and the fact that, when they put her up for nomination, it wasn't for show.

It wasn't as you know something to do.  It's because the President thought she was the best person for the job and that the President is going to stick by her, until which time it becomes clear, if it becomes clear, that she cannot get the votes in committee.

But, look, the only thing Republicans are talking about when it comes to Neera Tanden are her tweets.

And after four years of President Trump and his incendiary tweets against elected officials, and private citizens on Twitter, tweeting things and saying things about people that were just uncalled for and unbecoming of a President, to then focus on tweets from Neera Tanden, Republicans, who would be — reporters would come up to them and say, what's your reaction to this latest tweet from President Trump, and they would feign ignorance:  Oh, I have not seen it, I'm not paying attention to it.

Judy Woodruff:  Right.

Jonathan Capehart:  All of a sudden, they're paying attention to tweets from Neera Tanden?  It is not fair.

And I just have — I chuckle at now all the tender hearts out there and the tender feelings within the Republican Party about a strong — about a woman with a point of view and values and who was not afraid to defend them.

Judy Woodruff:  And I'm sure, David, you can explain that.

David Brooks:  Oh, yes, Republicans have had a come-to-Jesus moment where incivility is completely offensive to them all of a sudden.

No, I agree with Jonathan on that.  I do — I follow — I know Neera a bit and I follow her Twitter presence.  I thought, just as a think tank head, she was a little loose and raucous and inappropriate, frankly.  It's certainly not enough to get rid of — or to not nominate her as OMB Director.

I think there's a subtle thing going on here.  For — since I have been covering politics, since David Stockman's days, if people remember as Reagan's budget director, there's been a certain sort of person who has been the budget — OMB Director, and that person is a super wonky, dry personality, white male.

And Neera Tanden fits none of those categories.  And so I think she just doesn't — people look at her and they don't see the normal OMB Director.  And that's part of the unconscious undertone of this whole thing.

But Republicans are certainly hyped up about it.  I think it's the only battle they think they can win.  I think they probably will.  I think, once Joe Manchin said he was against her, I think it's very hard for any Republican suddenly to be for her.

So I think, hopefully, they will find another spot in the administration for her.  She's a very talented version.  And they will probably have to find somebody else for that job.

Judy Woodruff:  And, Jonathan, in the last minutes that we have, I want to ask you both about the Conservative Political Action Conference (CPAC), taking place here near Washington.

The lineup of speakers, the messages coming through, what do you make of it?  And President Trump will be there Sunday.

Jonathan Capehart:  Right.  President Trump will be…

Judy Woodruff:  Former President Trump.

Jonathan Capehart:  Yes, former President Trump will be there Sunday.

The speakers, from what I have been able to see so far, are hewing to the conservative line — conservative line, as it has been expressed during the four years of President Trump.

Clearly, the — at least at CPAC, the far right of the Republican Party is in the hands of Donald Trump.  We're going to know and find out for sure when he speaks on Sunday.  But any thinking that, because they lost the Senate and because they lost the White House, that the Republican Party and the and the right wing of the Republican Party is going to somehow moderate itself and try to become a bigger tent, I mean, just disabuse yourself of that notion.

Judy Woodruff:  And what we saw today at the conference, among others, was Ted Cruz, who — as we mentioned earlier, senator from Texas, who flew off to Mexico during that terrible winter storm last week, he had some comments today.

He joked about the Texas trip, and then basically mocked the wearing of masks.  Here's a little of what Ted Cruz had to say.

Sen. Ted Cruz:  Now they're saying, everybody can get immunized, we can have herd immunity everywhere, and we're going to wear masks for the next 300 years.

(LAUGHTER)

Sen. Ted Cruz:  And, by the way, not just one mask, two, three, four.  You can't have too many masks.

How much virtue do you want to signal?  This is just dumb.

Judy Woodruff:  So, David, how winning an argument is that?

David Brooks:  What really strikes me about CPAC is that it's not about government anymore.  It's not even about politics anymore.

It's culture war issues.  It's either the cancel culture they're against.  They're against wokism.  And I guess they're against mask-wearing.

And this is not about a normal political party that wants to pass an agenda.  The agenda, political agenda, is off the table.  And then, as far as the mask-wearing, they have made a hero of Governor DeSantis of Florida, maybe — making — maybe he will be the next Republican presidential nominee.

But when you actually look at the states and where they rank on effectiveness in preventing COVID infections, there's almost no correlation between the politics of the state and the infection rate of the state.

Florida's like 28th, which is pretty decent for a state with a lot of seniors.  But it's right next to California.  So, progressive and conservative states seem to be doing — it's just kind of random.

So, to turn this into an ideological issue, and to be anti-science about it, strikes me as kind of bizarre.

Judy Woodruff:  And just in a few seconds, Jonathan, we will see how far that takes Senator Cruz.

Jonathan Capehart:  Yes.

I found it interesting that he's railing against masks, when we spent all week watching him wheel his roller bag through an airport wearing a mask with the flag of Texas on it.

I agree with David.  CPAC is no longer about policies and issues.  It's culture wars.  And the clip you just showed of Senator Cruz, it's as if they're all doing stand-up.  There's no real vision for the country in anything that he said in that clip you showed us.

Judy Woodruff:  On that note, we will leave both of you.  Thank you.

Jonathan Capehart, David Brooks, thank you.

David Brooks:  Thank you.

Jonathan Capehart:  Thanks, Judy.



MINIMUM WAGE - Impact on People's Lives

Of course Republicans oppose this because it's 'too expensive.'  This highlights their hypocrisy because it NOT too expensive to give multi-billion tax brakes to the rich.

"How a minimum wage increase could impact people’s livelihoodsPBS NewsHour 2/25/2021

Excerpt

SUMMARY:  More than 17 million Americans could see their income rise if the $15 minimum wage now in the COVID relief bill passes Congress.  We hear from some of those who would be impacted by a minimum wage increase, and Stephanie Sy speaks with two economists with different perspectives on the topic.



Monday, February 08, 2021

PRESIDENT BIDEN - Policies Update

"Biden looks to ramp up pandemic relief as Republicans press for smaller aid packagePBS NewsHour 2/1/2021

Excerpt

SUMMARY:  Negotiations over new action to stimulate the economy are moving into higher gear Monday.  After releasing a $1.9 trillion aid plan last month, President Biden held a first meeting with Senate Republicans who are pushing an alternative plan.  White House correspondent Yamiche Alcindor reports.

 

 

"Biden rolls back Trump’s immigration policies with a raft of initiativesPBS NewsHour 2/2/2021

Excerpt

SUMMARY:  President Biden is out with a raft of initiatives Tuesday directed at the U.S. southern border, and the man who will manage immigration policies, Alejandro Mayorkas is joining his Cabinet after being confirmed by the U.S. Senate to serve as Secretary of Homeland Security.  Yamiche Alcindor reports.

 

 

"Biden’s economic adviser on pandemic relief: ‘We can’t afford to wait another few months’PBS NewsHour 2/2/2021

Excerpt

SUMMARY:  President Biden appears ready to continue the push for his $1.9 trillion pandemic relief plan a day after he met with Senate Republicans to discuss its size and scope.  Jared Bernstein, who was appointed to the White House Council of Economic Advisers, joins Judy Woodruff to discuss the Biden administration’s stance on the plan.

 

 

"How President Biden’s policy shifts are impacting immigrantsPBS NewsHour 2/2/2021

Excerpt

SUMMARY:  President Biden signed a series of executive actions Tuesday undoing many of the Trump administration's signature immigration policies.  This follows orders he already signed that reverse other controversial Trump era immigration items, like reinstating the DACA program and stopping construction of the border wall.  We spoke to some of those who are immediately and directly impacted by the changes.

 

 

"Arizona community divided over border wall after Biden’s policy changesPBS NewsHour 2/3/2021

Excerpt

SUMMARY:  In Arizona, people are feeling the impact of President Biden's order to halt border wall construction.  While the wall's presence has already had a profound impact on border communities, its enduring legacy under a new President remains unclear.  Amna Nawaz reports.

 

 

"Bipartisan report urges the Biden administration to remain committed to AfghanistanPBS NewsHour 2/1/2021

Excerpt

SUMMARY:  One of the Biden administration's primary foreign policy challenges is how to end the United States' longest war.  A new bipartisan report urges the administration to remain committed to Afghanistan and ongoing peace talks.  Nick Schifrin reports.

 

 

"Congressional Democrats back blueprint for Biden’s relief planPBS NewsHour 2/5/2021

Excerpt

SUMMARY:  President Biden's plans to pass a $1.9 trillion stimulus package picked up some momentum Friday as Democrats in Congress approved a basic blueprint.  While the measures don't have the force of law, lawmakers are expected to begin writing the details of a major package next week.  Yamiche Alcindor reports.



Monday, February 01, 2021

THE STOCK MARKET - The Frenzy

"‘Small army’ of online investors drives stock market frenzyPBS NewsHour 1/27/2021

Excerpt

SUMMARY:  Part of Wednesday's market frenzy was not just a plunge due to the concerns over the pandemic.  There's been major tumult in recent days as individual investors and young day traders upend the market and send prices of a few struggling companies soaring.  Andrew Ross Sorkin, co-anchor for CNBC'S Squawk Box and a New York Times columnist, joins William Brangham to discuss.



Monday, December 07, 2020

AMERICAN JOBS - Hiring Slows + Losing Unemployment

"Hiring slows in the U.S. as millions face losing unemployment benefitsPBS NewsHour 12/04/2020

Excerpt

SUMMARY:  The latest jobs report released by the Department of Labor Friday estimates the economy has not yet replaced about 10 millions jobs lost last spring, with many Americans now close to losing their unemployment benefits.  Wendy Edelberg, director of the Hamilton Project and a former chief economist for the Congressional Budget Office, joins Amna Nawaz to discuss the country's economic outlook.



AMERICAN POLITICS - The COVID Economic Relief Bill

"Democrats shift position on a sized-down economic relief billPBS NewsHour 12/02/2020

Excerpt

SUMMARY:  Lawmakers are under pressure to reach another economic relief deal as COVID-19 cases and deaths spike across the country.  Illinois Sen. Dick Durbin is the second-highest ranking Democrat in the U.S Senate.  He joins Judy Woodruff to discuss a new bipartisan proposal and why Democrats have changed their stance on a relief bill.

 

 

"What are the obstacles for Republican support of a bipartisan relief bill?" PBS NewsHour 12/02/2020

Excerpt

SUMMARY:  House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer said in a statement Wednesday that the bipartisan COVID relief bill just unveiled should be the starting point for negotiations going forward.  Republican Sen. Bill Cassidy of Louisiana is one of the lawmakers responsible for that bipartisan bill.  He joins Judy Woodruff to discuss.



BIDEN - Transition: Economic Team

"What Biden’s choices for his economic team say about his prioritiesPBS NewsHour 11/30/2020

Excerpt

SUMMARY:  President-elect Joe Biden on Monday named a diverse group to lead his economic team, including Janet Yellen, the former head of the Federal Reserve, as his choice for Treasury Secretary.  Jim Tankersley, who covers economics for The New York Times and is author of the recent book, "The Riches of This Land," joins Judy Woodruff to discuss.

 

 

"Biden’s economic team faces unprecedented crises in shift from TrumpPBS NewsHour 12/01/2020

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SUMMARY:  President-elect Joe Biden on Tuesday introduced his economic team, which is planning on making a sharp shift from the Trump years and his economic policies.  Lisa Desjardins and Yamiche Alcindor join Judy Woodruff to discuss.

 

 

"Biden’s transition pushes ahead amid grim economic outlookPBS NewsHour 12/04/2020

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SUMMARY:  The Biden White House transition continues though the president-elect is already facing what may be his greatest challenges, as the pandemic fills hospitals and jars the economy again.  Meanwhile, the Trump campaign continues to lose its legal challenges in moving to dispute the election result.  Judy Woodruff has the story.



Monday, July 27, 2020

U.S. CONGRESS - New Pandemic Relief

"Congress resumes pandemic relief deliberations, but Republicans remain dividedPBS NewsHour 7/21/2020

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SUMMARY:  Coronavirus infections and deaths are still climbing in much of the nation, and Florida has become the new national epicenter.  With Congress back in session after recess, continuing COVID-19 increases are fueling urgent negotiations on an economic rescue package.  But lawmakers are deeply divided about what the legislation should include.  Lisa Desjardins reports and joins Judy Woodruff to discuss.




"What these Americans say they need from congressional pandemic aidPBS NewsHour 7/21/2020

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SUMMARY:  With Congress back in session, lawmakers are considering another round of coronavirus relief.  Two of the major sticking points are prolonging increased unemployment benefits and protecting against coronavirus-related lawsuits.  What do Americans think about these two issues, as they grapple with the pandemic’s economic fallout?  We hear some of their opinions.



Monday, April 27, 2020

COVID-19 - Ripple Effects

"Why getting the U.S. back to normal in the next couple months is a ‘fantasy’PBS NewsHour 4/20/2020

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SUMMARY:  As the novel coronavirus pandemic wears on, debate is brewing over how long the associated shutdowns should last.  The New York Times’ Donald McNeil has covered epidemics for close to two decades and reported recently on why American society could continue to be disrupted by COVID-19 for the next two years.  He joins Judy Woodruff to discuss the epidemiological and medical realities of COVID-19.




"A sanitation worker’s fears about collecting trash during the pandemicPBS NewsHour 4/20/2020

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SUMMARY:  During the COVID-19 pandemic, the phrase “essential workers” tends to bring to mind first responders and hospital staff.  But a key function of American society is collecting garbage to keep our communities clean.  PBS station WTTW in Chicago is producing a series of conversations about individuals’ pandemic experiences, and they share the story of sanitation worker Sammy Dattulo.




"Why doctors are worried about severe kidney damage in some COVID-19 patientsPBS NewsHour 4/21/2020

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SUMMARY:  Although the novel coronavirus is known for causing respiratory symptoms, there are new questions about its impact on other parts of the body.  COVID-19 may be linked in some patients with increases in inflammation of the heart as well as injury to other organs and tissues.  William Brangham talks to Yale University's Dr. Alan Kliger about one of the concerning trends: serious kidney damage.




"How Uganda’s history of epidemics has prepared it for COVID-19PBS NewsHour 4/21/2020

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SUMMARY:  Poor health care infrastructure in some African countries is making them particularly susceptible to the novel coronavirus.  But the nation of Uganda has only 58 confirmed cases so far, and experts say its experience with previous viral outbreaks, such as Ebola, meant it was already prepared for this pandemic.  Special correspondent Michael Baleke reports from the capital city of Kampala.




"We need a vaccine to vanquish COVID-19.  Here’s how scientists are trying to find itPBS NewsHour 4/21/2020

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SUMMARY:  Science correspondent Miles O’Brien has spent the past few weeks in Seattle, reporting on the COVID-19 pandemic and producing a film for FRONTLINE about how things unfolded in the city where the disease made its U.S. debut.  He joins William Brangham to discuss the global push to find an effective vaccine and therapeutic treatments, plus shares a preview of the FRONTLINE special on the pandemic.




"Contact tracing may be ‘old-fashioned public health,’ but it worksPBS NewsHour 4/22/2020

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SUMMARY:  Officials in Northern California’s Santa Clara County now say two residents there died of COVID-19 in early and mid-February -- weeks before what were believed to be the first U.S. fatalities.  Dr. Tom Frieden, former director of the Centers for Disease Control and Prevention and now CEO of health initiative Resolve to Save Lives, joins John Yang to discuss how we can contain the virus’ spread.




"Pandemic could mean 260 million people worldwide ‘marching toward starvation’PBS NewsHour 4/22/2020

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SUMMARY:  The United Nations World Food Program warned this week that as a result of the novel coronavirus pandemic, the number of people facing food crisis could double -- to 260 million worldwide.  David Beasley, the organization’s executive director, joins Judy Woodruff to discuss how the developing world, already suffering due to climate change and conflict, is faring amid this new disaster of COVID-19.




"Why New York’s health care system is still ‘in a state of shock’PBS NewsHour 4/22/2020

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SUMMARY:  New York state is seeing signs of improvement in its COVID-19 outbreak, including a reduced hospitalization rate.  But in New York City alone, an estimated 35,000 people are hospitalized with the virus -- meaning front-line health care staff still face an enormous challenge.  William Brangham talks to Susan Mangicaro of International Medical Corps, a group assisting city hospitals during the crisis.




"The U.S.-China battle to control COVID-19 narrative — and blamePBS NewsHour 4/22/2020

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SUMMARY:  Secretary of State Mike Pompeo has accused China of a cover-up during the early days of COVID-19, the latest in the U.S. rhetorical pressure campaign.  China has pushed back, launching an information war that included conspiracy theories and highly publicized sales of medical equipment to other countries -- including the U.S.  Nick Schifrin reports on the roiling confrontation.




"What’s in the latest congressional pandemic relief package — and what’s notPBS NewsHour 4/23/2020

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SUMMARY:  More help is on the way for American small businesses.  The House approved a $484 billion measure aimed specifically at aiding smaller employers and hospitals Thursday.  It comes as another 4.4 million Americans filed for unemployment.  Meanwhile, a New York study finds much greater levels of COVID-19 than lab tests have confirmed.  John Yang reports and Lisa Desjardins joins Judy Woodruff to discuss.




"Why the pandemic is making U.S. economic inequality even worsePBS NewsHour 4/23/2020

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SUMMARY:  A new survey by the Pew Research Center finds 43 percent of U.S. adults say they or someone in their household has suffered a job loss or pay cut due to COVID-19.  With such widespread impact, it will likely take years for the economy to rebound.  But what will recovery even look like, as the pandemic exacerbates existing inequalities and vulnerabilities in American society?  Paul Solman reports.




"EU ambassador says bloc overcoming slow COVID-19 response with solidarityPBS NewsHour 4/23/2020

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SUMMARY:  In Europe, leaders are discussing the same tough questions confronting the United States.  When should pandemic restrictions be lifted?  How hard will the road to recovery be?  The European Union has agreed to create a massive recovery fund to try to rebuild devastated economies.  Nick Schifrin reports and talks to the EU’s Ambassador to the U.S., Stavros Lambrinidis, about the group's "solidarity."




"An infectious disease expert on the dangers of Trump’s ‘non-scientific’ claimsPBS NewsHour 4/24/2020

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SUMMARY:  The White House spent part of Friday addressing concerns about President Trump’s apparent conflict with his medical advisors at Thursday's Coronavirus Task Force briefing.  Yamiche Alcindor reports, and Amna Nawaz talks to Dr. Michael Osterholm of the University of Minnesota's Center for Infectious Disease Research and Policy about Trump’s tendency to make claims on a “non-scientific basis.”




"An ICU nurse on wavering between confidence and fearPBS NewsHour 4/24/2020

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SUMMARY:  After a particularly brutal week caring for COVID-19 patients in New York City, ICU nurse K.P. Mendoza considered one final task: writing a will.  He's only 24, but working in the heart of a global pandemic, it felt as if death was stalking him.  William Brangham talks with Mendoza about the psychological impact of seeing so much death and health care workers' struggle to help patients survive.




"Navajo Nation, hit hard by COVID-19, comes together to protect its most vulnerablePBS NewsHour 4/24/2020

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SUMMARY:  COVID-19 is ripping through the Navajo Nation, infecting and killing people at rates that are above U.S. averages.  Located across three states, the Navajo population is already vulnerable, with a high prevalence of underlying disease, a lack of infrastructure and limited access to care and supplies.  Stephanie Sy reports on how the Navajo community has taken on the challenge of caring for its own.