ECONOMY



FILE - People wear face masks at an outdoor mall with closed business amid the COVID-19 pandemic in Los Angeles on June 11, 2021. During earlier surges of the COVID-19 pandemic, some governors ordered business closures, issued mask mandates and required vaccines in certain settings. Some even required quarantines for out-of-state travelers. No more. The record-shattering caseload of the omicron surge has been met with a collective shrug by most governors, who are displaying little appetite for widespread public orders or shutdowns. (AP Photo/Damian Dovarganes, File)

Oxfam calls on govt. to impose 99% one-time tax on rich

An anti-poverty organization calls for the government to impose a one-time tax on the world’s billionaires to fund COVID-19 vaccines. On Monday, Oxfam called for a 99 percent tax on the world’s richest, suggesting the money be used to fund the production of vaccines for the poor.


Sen. Tim Kaine, D-Va., listens during a Senate Health, Education, Labor, and Pensions Committee hearing to examine the federal response to COVID-19 and new emerging variants, Tuesday, Jan. 11, 2022 on Capitol Hill in Washington. (Greg Nash/Pool via AP)

Sen. Kaine: Build Back Better is dead in current form

Sen. Tim Kaine (D-Va.) admitted Joe Biden’s Build Back Better agenda is dead. During an interview Sunday, the Democrat admitted that the bill in its current form was highly unlikely to pass after his West Virginia colleague Joe Manchin (D-W.Va.) torpedoed the social spending last month.


One-on-One with GOP Rep. Bryan Steil

New data shows inflation hit a 40-year high, marking the fastest annual pace since 1982. However, the Biden administration claims the Build Back Better plan will help cool inflation. One America’s Stephanie Myers spoke with Rep. Bryan Steil, the ranking member of the Select Committee on the Economy, about the matter.