12:53 PM 2/7/2021 - News Review
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Rep. Adam Schiff (D-Calif.), Chair, House Intelligence Committee, talks about the upcoming impeachment trial of former President Trump.
nbcnews.to/2YRRoAz
"In this case, the impeachment occurred prior to the President leaving office." #CNNSOTU cnn.it/2YTXikI
Andrew Harnik/AP Photo
- Treasury Secretary Janet Yellen said US employment could return to normal by 2022.
- She said a speedy economic recovery hinges on whether or not President Biden's relief bill passes.
- Democrats and Biden have indicated they will pass the package with or without bipartisan support.
- Visit the Business section of Insider for more stories.
Treasury Secretary Janet Yellen said the US could see employment rebound to pre-pandemic levels by 2022 if Congress passes President Joe Biden's coronavirus stimulus package.
"This package is going to really speed recovery. And analysis by Moody's and economists at the Brookings Institution show that very clearly - that we will get people back to work much sooner with this package," Yellen said on CNN's "State of the Union" on Sunday.
"I would expect that if this package is passed that we would get back to full employment next year."
Yellen also said that the consequences of not passing a robust stimulus bill would be dire.
"If we don't provide additional support, the unemployment rate is going to stay elevated for years to come," Yellen said, citing a report from the Congressional Budget Office. "It would take until 2025 to get the unemployment rate back to 4% again. We would have a long, slow recovery like we had after the financial crisis."
President Biden's proposed relief package would commit $1.9 trillion to aid state and local governments, fund vaccination efforts, distribute a wave of $1,400 stimulus checks, and temporarily enhance unemployment benefits, among other efforts.
Although it's not the massive infrastructure and job-creation bill Biden plans for the future, the relief package will help dig the US out of the "deep hole" it currently faces with respect to the job market, Yellen said during an appearance on CBS' "Face the Nation" on Sunday.
"The spending it will generate is going to lead to demand for workers, help put people back to work, especially when we can get vaccinations and the public health situation to the point where the economy can begin to open up again," Yellen said. "I'd point out, it includes aid to state and local governments. We've seen already 1.3 million workers fired off state and local payrolls because of shortfalls that they have in revenues."
The bill would also aim to bring women back into the workforce through several measures, Yellen said.
"The American Rescue package that President Biden has proposed really addresses the problems that women face. It places huge emphasis on getting our schools open safely, getting children back into school, providing paid family and medical leave during this crisis," she said.
The White House is currently trying to push the bill through Congress, though it's facing opposition from Republican lawmakers over its size. This week, the Senate approved a resolution that would allow it to pass the bill with a simple majority, and Biden indicated he would move forward with the package with or without Republican support.
After an independent investigation, the Do Better report highlighted a culture of structural racism at the Collingwood AFL club. After the report’s release, comments from the club’s president – media personality Eddie McGuire – raised concerns about how the issue would be dealt with.
Guardian Australia’s Indigenous affairs editor Lorena Allam discusses the history of racist controversies linked to the club and the need for leadership when reckoning with structural racism
Audio | The Guardian
1. Podcasts from Michael_Novakhov (19 sites)
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The search continues for suspects in a deadly hit-and-run in Sun Valley that claimed the life of a man. Amy Johnson reports.
@apalmerdc: "It's member against member. It's party against party. It's members against members of the police force."
propub.li/36NtHh3
bit.ly/3q1WN3Y
As voters and former elected officials leave the Republican party, a bigger trend in voter identification comes into focus.
haaretz.com/us-news/.premi…
"Смотрим" - https://smotrim.ru/mkp
Инстаграм Павла Зарубина: https://instagram.com/zarubinreporter?igshid=16vlvlz8g7ez7
Подпишитесь на канал Россия24: https://www.youtube.com/c/russia24tv?sub_confirmation=1
Еще одна отрасль, которая в стрессовых условиях пандемии сработала четко, – банковский сектор. Именно через него шли программы господдержки людей и бизнеса. Однако есть и сложности, например, снижение ставок по депозитам. Люди забирают деньги со вкладов и пытаются заработать на инвестициях. В целом по экономике вопросов больше, их президент обсудил с министром экономического развития. Подробности – в материале Павла Зарубина, соавтора программы «Москва.Кремль.Путин.».
Последние новости России и мира, политика, экономика, бизнес, курсы валют, культура, технологии, спорт, интервью, специальные репортажи, происшествия и многое другое.
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#зарубин #путин #кремль #москва
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A car accident on Long Island led to two Brooklyn men getting arrested on gun and drug charges.
After an independent investigation, the Do Better report highlighted a culture of structural racism at the Collingwood AFL club. After the report’s release, comments from the club’s president – media personality Eddie McGuire – raised concerns about how the issue would be dealt with.
Guardian Australia’s Indigenous affairs editor Lorena Allam discusses the history of racist controversies linked to the club and the need for leadership when reckoning with structural racism
Continue reading...Download audio: https://play.podtrac.com/npr-500005/edge1.pod.npr.org/anon.npr-mp3/npr/newscasts/2021/02/07/newscast110743.mp3?awCollectionId=500005&awEpisodeId=965078243&orgId=1&d=300&p=500005&story=965078243&t=podcast&e=965078243&size=4500000&ft=pod&f=500005
NPR News Now
https://thenewsandtimes.blogspot.com/2021/02/808-am-272021-penguins-spared-after.html
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The News And Times – Blogs By Michael Novakhov – https://newsandtimes.org/
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Police released video of a second man wanted in connection to an armed robbery and home invasion in Queens.
https://thenewsandtimes.blogspot.com/2021/02/808-am-272021-penguins-spared-after.html
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The News And Times – Blogs By Michael Novakhov – https://newsandtimes.org/
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Download audio: https://feeds.soundcloud.com/stream/980873710-mike-nova-3-1033-am-272021-news-review-its-still-january-6-on-capitol-hill.mp3
Audio News Reviews with Michael Novakhov
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