Dilip Vishwanat/Getty Images; Samantha Lee/Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
Joe Biden plans to pay for his climate, infrastructure and jobs bill with higher taxes instead of deficit spending
Democratic politicians have been scared off from ambitious deficit spending to avoid spiking interest rates imposed by so-called bond vigilantes.
But investors demand safe assets like federal debt, so rates are extremely low, and the Federal Reserve can keep them low.
Alex Yablon is a Brooklyn-based journalist and Contributing Opinion Writer.
This is an opinion column. The thoughts expressed are those of the author.
Send US lawmakers have applauded President Joe Biden for the temporary waiver of some Trade-Related Aspects of Intellectual Property Rights (TRIPS) rules to accelerate manufacturing and distribution of coronavirus vaccines.
US President Joe Biden (File Photo)
Washington:
Congressman James Clyburn said the announcement will not only help vulnerable populations in other countries, but it will protect all Americans from the risk of variants that threaten to undermine the recent success in administering vaccinations and reducing infections. I commend the Biden-Harris administration on todayâs announcement in support of the temporary waiver of certain intellectual property rules in order to accelerate the delivery of much-needed coronavirus vaccines to people around the world,â the chairman of the Select Subcommittee on the coronavirus crisis said.Â
US lawmakers have applauded President Joe Biden for the temporary waiver of Covid vaccines (File)
Washington:
US lawmakers have applauded President Joe Biden for the temporary waiver of some Trade-Related Aspects of Intellectual Property Rights (TRIPS) rules to accelerate manufacturing and distribution of coronavirus vaccines.
Congressman James Clyburn said the announcement will not only help vulnerable populations in other countries, but it will protect all Americans from the risk of variants that threaten to undermine the recent success in administering vaccinations and reducing infections. I commend the Biden-Harris administration on today s announcement in support of the temporary waiver of certain intellectual property rules in order to accelerate the delivery of much-needed coronavirus vaccines to people around the world, the chairman of the Select Subcommittee on the coronavirus crisis said.
The waiver is backed by some 100 other low-income countries. (File)
Johannesburg:
South African President Cyril Ramaphosa on Friday welcomed the US support to temporary and targeted waiver of intellectual property protections that apply to COVID-19 vaccines and urged the pharmaceutical giants to share the knowledge to save lives during such moments of crisis.
The United States announced on Thursday that the COVID-19 pandemic was a global health crisis, which called for extraordinary measures.
The United States said it believed strongly in intellectual property protections. However, in service of ending the pandemic, it would at forthcoming negotiations of the World Trade Organisation (WTO) support the waiver of those protections for COVID-19 vaccines.
ADVERTISEMENT
Regrettably, the infrastructure aspect of
Brown II has faded from contemporary discussion. Forty years later, President Clinton famously told Congress, “we cannot expect our children to raise themselves up in schools that are literally falling down.” A generation later, the age and decrepit dysfunction of the average school facility is worse.
“Education is the great equalizer,” declared Dr. Martin Luther King Jr. But in 1956, Republican President Dwight Eisenhower and a Democratic Congress were only interested in passing the Federal Highway Act promising “41,000 miles of interstate highways.” The federal government would pay 90 percent of the cost.
Today, there are upwards of 41,000 aging school facilities needing full or nearly complete renovation. As the 2020 Democratic Platform suggests, crumbling facilities are disproportionately found in minority urban neighborhoods and white rural counties.