Top White House economic adviser Brian Deese on Wednesday defended some of the Biden administration’s long-term spending plans, characterizing the proposed outlays as not connected to current inflation concerns — and as relatively modest.
“The public investment strategy we’re talking about here — that is a long-term strategy,” said Deese, whose title is director of the National Economic Council. “So, in terms of the impact on aggregate demand, it is spread out across time. And to the degree that people are feeling inflationary pressures in the short term, that really is not the issue.”
Regarding the price tags for some spending plans, Deese, a former BlackRock Inc. BLK, +0.08% executive, argued during his speech that they shouldn’t be viewed as too large.
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White House to concede it's likely to miss July 4 vaccination targetJeffrey Zients, the head of the WH COVID-19 response team, is slated to announce that the administration has hit its 70% vaccination target among Americans ages 30 and older, and is poised to reach that threshold for those 27 and older by the 4th of July
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White House: 70% of Americans 30 or older get COVID-19 shotWASHINGTON (AP) — More than 70% of Americans age 30 or older have received at least one dose of a COVID-19 vaccine, the White House said, even as President Joe Biden is set to fall short of reaching his goal of giving a shot to the same percentage of all American adults by Independence Day. Is that because they didn't get the shot or they don't want one? Only the ignorant and backward RED states keep us from herd immunity. Really wish all the red states would join a confederation and leave the United States. They bog us down in Dark Ages ideas and Neanderthal practices. Amazing we got this far with so little help from Republicans. If you want to point out it’s trump’s vaccine that’s fine, but there’s no leadership evidence he’d be anywhere close to this rollout success rate.
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White House to admit US won't hit Biden's 70% vaccination goal by July 4The White House COVID response team is expected to announce the U.S. will not hit Pres. Biden's goal of getting 70% of all adults ages 18 and older vaccinated with at least one shot by July Fourth. Fully vaccinated because I'm not an ignorant, selfish piece of garbage Darwinism at its finest. Hey, at least it's over 60%. 🙂
Source: ABC - 🏆 471. / 51 Read more »
White House eyes ending migrant family expulsion by July 31The White House is considering ending — as early as July 31 — the use of a Trump-era public health order that's let U.S. border officials quickly turn back migrant families to Mexico, Axios has learned.Why it matters: The policy known as Title 42 has resulted in tens of thousands of migrant family members, including asylum seekers, being sent away — as well as thousands of kids then separating from their families to cross into the United States alone.Get market news worthy of your time with Axio THAT'LL solve the border crisis. But really...I don't see the point.
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Biden White House launches public push for child tax creditWASHINGTON (AP) — The White House sought Monday to raise awareness of the federal government's new expanded child tax credit, which will start paying out monthly in July to families with children who are 17 years old and younger. if you are for abortion remember to tell any grandkids you may have that if their mother had been for killing them by abortion that you would have been for it (now give granny a kiss) Who is having the big families? Can we have a tax credit for breathing please
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Biden White House launches public push for child tax creditThe White House is aiming to raise awareness of the federal government's new expanded child tax credit, which will start paying out monthly in July to families with children who are 17 years old and younger. Protect The Children!😷😷😷 Where Are The Guilty?🙄🤦🏽♂️🤦🏽♂️ Let's keep printing money How much money was wasted preparing and sending out letters saying that you’ll get another letter if you qualify?
Source: ABC - 🏆 471. / 51 Read more »