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Not only is the federal debt at roughly $36 trillion, but the spike in inflation after the coronavirus pandemic has pushed up the government's borrowing costs such that debt service next year will ...
[32] [31] On August 5, 2020, the United States agreed to pay Johnson and Johnson more than $1 billion to create 100 million doses of COVID-19 vaccine. The deal gave the U.S. an option to order an additional 200 million doses. The doses were supposed to be provided for free to Americans if they were used in a COVID-19 vaccination campaign. [33]
As the global debt approaches $102 trillion, the United States and China are the top contributors to the increasing debt. According to data from the IMF and Visual Capitalist, in one year, the ...
[135] In February 2021, the coronavirus committee asked the Biden administration for documents relating to the Trump administration's handling of the coronavirus pandemic, saying that Trump's HHS and other officials had blocked requests for documents and staff testimony in spite of "two subpoenas and at least 20 document requests."
A poll conducted from May 7 to May 10 by SRSS for CNN, concluded that only 36% of people in the U.S. trusted President Trump on information about the COVID-19 outbreak. 4% of Democrats trusted information from Trump, while around 80% to 81% of Democrats trusted information from Anthony Fauci or the CDC. 84% of Republicans trusted information ...
The incoming Trump administration's plans, if enacted, would involve a large increase in the US government's debt. For years, this hasn't been a problem for markets. But once again, Wall Street is ...
As the U.S. COVID-19 daily new case count increased from about 20,000 on June 9 to over 50,000 by July 7, Trump repeatedly insisted that the case increase was a function of increased COVID-19 testing. [73] Trump's claims were contradicted by the facts that states having increased case counts as well as those having decreased case counts had ...
Wary of the cost of surging federal spending to combat the coronavirus crisis, senior Trump administration officials are looking at ways to reduce the additional debt created by any future ...