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Liberals in Congress are actively campaigning to force price controls on drug manufactures. The bill, H.R. 3, will undoubtedly pass through the U.S. House. Its fate in the U.S. Senate is much less certain.
At the same time, the Biden Administration and others on the political left are attacking the companies that have made the COVID-19 vaccines. They seek a waiver to the 1994 TRIPS Act, which was accepted by all countries in the World Trade Organization. Yesterday, the Biden Administration announced the U.S. would support the waiver now working its way through the WTO. (here)
A bit of history is required. TRIPS is an acronym for Trade Related Aspects of Intellectual Property Rights. It protects copyrights and patents across country borders for any member of the WTO. (here) Countries are required to agree to the TRIPS Act when they join the WTO. Violation of TRIPS would lead to trade sanctions and possible expulsion from the WTO.
<p><img width="350" height="219" src="/media/8729411/pelosi-impeachemt 350x219.jpg" alt="Nancy Pelosi announces impeachment inquiry" class="ImageFloatRight"/>Liberals in Congress are attempting some legal maneuvering to get the Equal Rights Amendment in the U.S. Constitution but there are questions over whether the tactics are legal.</p>
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No $15 minimum wage, stimulus checks for people making over $80k: What was left out of Joe Biden s COVID-19 relief bill
The House passed Biden s COVID-19 relief bill Wednesday, but it no longer has a $15 minimum wage and offers smaller unemployment benefits.
Ledyard King and Javier Zarracina, USA TODAY
Published
2:38 pm UTC Mar. 11, 2021
The $1.9 trillion COVID stimulus bill, known as President Joe Biden s American Rescue Plan, that the House approved Wednesday
has been derided by congressional Republicans as a “liberal wish list that spends money in areas that have no relation to the pandemic.
While Democrats got most of what they wanted, they didn t get everything.