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The U.S. poverty rate saw its sharpest increase since the 1960s as the coronavirus pandemic devastated the economy in 2020, according to a recent study.
The poverty rate increased 2.5 percentage points from 9.3% in June to 11.8% in December, according to the study released Monday by economists Bruce Meyer, of the University of Chicago, and James Sullivan, of the University of Notre Dame, Bloomberg reported. In total, 8.1 million Americans were added to ranks of the poor, according to the researchers.
“The coronavirus pandemic has taken a significant toll on the U.S. labor market,” Meyer and Sullivan wrote. “Since the start of the pandemic, more than 93 million claims for unemployment insurance have been filed.”
Democratic Ohio Rep. Tim Ryan, a former 2020 presidential candidate, said he's considering an election run to replace Republican Ohio Sen. Rob Portman.
January 26, 2021
6:12 AM ET
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Republican Indiana Rep. Jim Banks is leading 200 of his Republican colleagues in pledging support for the Hyde Amendment.
“Conservative Republicans are sending a strong statement to congressional leaders we will not stand idle as radical Democrats work to end the ban on taxpayer-funded abortions,” Banks said. “I pray this show of solidarity will Save the Hyde Amendment and save thousands of innocent lives.”
Biden, who was inaugurated less than a week ago, has already promised to codify Roe v. Wade and revoke the Mexico City Policy that prevents federal funds from going to abortions abroad.
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Google said it will no longer contribute to elected officials who voted against certifying the election results prior to the Jan. 6 U.S. Capitol riot.
Google’s political action committee NetPAC will no longer fund the campaigns of members of Congress who voted against the presidential election results after the company reviewed its political contribution activities, a Google spokesperson told Axios Monday. The Big Tech company was among the first to come to a decision as Facebook, Microsoft and Amazon said last week they have paused contributions to review their policies, CNBC reported.
“After the disturbing events at the Capitol, NetPAC paused all contributions while undertaking a review,” Google spokesperson José Castañeda told Axios. “Following that review, the NetPAC board has decided that it will not be making any contributions this cycle to any member of Congress who voted against certification of the election results.”