“The vaccine rollout in the United States has been a dismal failure thus far,” Biden said in a speech Thursday. “This will be one of the most challenging operational efforts we’ve ever undertaken as a nation. We’ll have to move heaven and earth to get more people vaccinated.” … [Read more...] about Biden inherits big challenges from Trump on COVID-19 vaccines
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Biden tax-hike proposals face bumpy road ahead
The odds of any tax increases on the wealthy went up after Democrats won the Georgia runoffs. The victories will give Democrats and Republicans each 50 seats in the Senate, with Vice President-elect Kamala HarrisKamala HarrisHarris to be sworn in by Justice Sotomayor using Thurgood Marshall's Bible In calling out Trump, Nikki Haley warns of a more sinister threat On The Money: Retail sales drop in latest sign of weakening economy | Fast-food workers strike for minimum wage | US officials raise concerns over Mexico's handling of energy permits MORE having the ability to break ties. … [Read more...] about Biden tax-hike proposals face bumpy road ahead
Biden takes over at perilous moment
“I think that, given what the country has just been through, there is a keen awareness that the top priorities are at home, and that if we don’t get a handle on the pandemic and we don’t get the economy back on its feet and we don’t address the discontents of large portion of the American electorate, we are going to be in trouble and it will be very hard to address foreign policy problems if we don’t get our own house in order,” said Kupchan. … [Read more...] about Biden takes over at perilous moment
The challenge of Biden’s first days: staying focused and on message
With the economic and ever-present possibility of a foreign policy crisis, the new team, experienced as they are, needs to avoid distractions. In 1993 Bill ClintonWilliam (Bill) Jefferson ClintonWhy the Senate should not rush an impeachment trial Revising the pardon power — let the Speaker and Congress have voices Overnight Health Care: Biden unveils vaccine plan with focus on mass inoculations | Worldwide coronavirus deaths pass 2 million | CDC: New variant could be dominant US strain by March MORE came to office with a laser focus; remember "It's about the economy stupid; don't forget heath care." … [Read more...] about The challenge of Biden’s first days: staying focused and on message
Yellen could be Biden’s most important pick
Janet YellenJanet Louise YellenOn The Money: Retail sales drop in latest sign of weakening economy | Fast-food workers strike for minimum wage | US officials raise concerns over Mexico's handling of energy permits The Hill's Morning Report - How many Republicans will vote for Trump's impeachment? On The Money: Sanders will be gatekeeper for key Biden proposals | Senate majority gives Biden path to student loan forgiveness | Confirmation hearing for Yellen expected next Tuesday MORE's nomination as Treasury Secretary was praised by both Wall Street and Elizabeth Warren. That combo won't last — but Yellen's other strengths will. … [Read more...] about Yellen could be Biden’s most important pick