April 12, 1961 - April 12, 2021
60 Years of Humans in Space
Yuri Gagarin, first person in space, (1934-1968)
Monday, April 12, 2021
Biden’s Proposed Corporate Tax Rate Increase Meets Resistance
President Biden has already been lucky with the Senate parliamentarian’s ruling stating that the president’s tax and infrastructure plans can pass the Senate with a simple majority, rather than the 60 usually required to end debate, but he may need more luck to keep his own party united. Sen. Joe Manchin (D-WV) has already signaled his hesitance to increase the corporate tax rate from 21% to 28%, instead favoring an increase to 25%. The high price tag of his plan, currently over $2 trillion, could also dissuade Manchin and fellow moderate Kyrsten Sinema (D-AZ) from backing his plan.
Vaccine Rollout Continues as COVID Spread Slows in US
One third of all American adults have now received at least one dose of a coronavirus vaccine, and nearly 20% have already received two doses of the vaccine. and new infections have dropped dramatically from their high in January of this year. The vaccines have proven successful not only in reducing severe infection, but also in reducing transmissions. The success of the vaccines has led to an increased push to reopen more of the economy and remove limitations on gatherings and event attendance.
Others have criticized such reopening efforts, arguing that the success of the vaccination efforts could be undermined by removing restrictions too soon. While cases have dropped drastically from the high case numbers early this year, the number of new cases has plateaued and even increased in certain parts of the country. Michigan is one state that has been hit especially hard, and one of its cities, Jackson, has had a higher raw daily new case number than New York City. For comparison, Jackson has around 33,000 people, while New York has over 8 million people.
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