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Democrats have been calling for a massive domestic spending bill since taking control of the White House and Congress earlier this year. Now at the goal line, they have to get past their biggest obstacles -- themselves. |
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Democrats unveil tax plan amid infrastructure infighting While Democrats scramble to push through President Joe Biden's Build Back Better plan, the party finds itself at odds over everything from the price tag to how to pay for it. The first issue faces a big reduction in the ambitious $3.5 trillion budget reconciliation package. The bigger issue of how to pay for the massive spending measure was revealed Monday with a new tax plan that hits the wealthiest Americans and corporations the hardest, particularly those in the blue states of California and New York. In the understatement of the day, one Democratic senator said to expect "a very healthy, loud family discussion." That's a nice way of saying a knockdown dragout. FIND OUT HOW THE DEMS' TAX PLAN WILL IMPACT THE RICH
Musk adopts pet as mascot for his favorite cryptocurrency The biggest day in a dog’s life is when he is chosen by an owner. One lucky Shiba Inu pup named “Floki†hit the K-9 lottery over the weekend when he was adopted by multi-billionaire Elon Musk as a tribute to the Dogecoin logo he loves to hype on social media. After routinely tweeting about the up-and-coming cryptocurrency (including not-so-clever quips like “Who let the Doge out?), Musk took it to the next level by posting a pic of the cute and cuddly pup. Little does the pooch know the kind of life that's ahead of him – millions of likes on social media, best friends with an eccentric billionaire, and perhaps first pup to take a private tour of space? CHECK OUT PHOTOS OF FLOKI THE DOGECOIN MASCOT
Walmart calls out cryptocurrency partnership as fake news Dogecoin wasn't the only cryptocurrency making headlines Monday, but one did so for all the wrong reasons. A press release put out by GlobalNewswire and backed up by Litecoin itself stated that Walmart would start accepting the digital currency for payment on Oct. 1. The fake news temporarily overran the Internet before Walmart responded to debunk the release. Litecoin and GlobalNewsire said they were investigating the matter as off-brand cryptocurrencies get increasingly bold in their attempt to draw investors and raise value. SEE HOW CRYPTO INVESTORS REACTED TO THE FAKE NEWS
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Markets
| DJIA | 34,869.63 | 0.76% |
| S&P 500 | 4,468.73 | 0.23% |
| Nasdaq Composite | 15,105.58 | -0.07% |
| Japan: Nikkei 225 | 30,649.81 | 0.66% |
| UK: FTSE 100 | 7,068.43 | 0.56% |
| Crude Oil Futures | 70.69 | 0.34% |
| Gold Futures | 1,792.80 | -0.09% |
| Yen | 110.06 | 0.05% |
| Euro | 1.18 | -0.03% | | * As of market close |
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CDC, FDA at odds over COVID booster shot
To boost or not to boost? That is the question facing the U.S. as it attempts to get a stranglehold on the COVID-19 crisis. In an effort to make sure that fully vaccinated Americans remain fully vaccinated, the CDC is in the process of deciding if a third shot is needed for full-proof protection. But the White House and the FDA are growing impatient with the CDC's secretive deliberations, claiming they aren't receiving enough data to plan for a potential booster shot rollout. There are reports that a booster shot may be unnecessary and the current vaccine regimen is enough, but the indecision has rendered the proposed rollout date of Sept. 20 unrealistic. SEE WHY THE CDC AND FDA ARE AT ODDS OVER THE BOOSTER
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Blinken takes heat for Afghan withdrawal
Americans frantic withdrawal from Afghanistan came home to roost for the Biden administration on Monday as Secretary of State Anthony Blinken came under fire in a congressional hearing on the debacle. Blinken faced a flurry of questions about how things could go so wrong with the retreat. Echoing his previous statements from the days surrounding the Aug. 31 deadline for a complete withdrawal, Blinken also blamed the Trump administration for leaving the U.S. in a no-win situation with the Taliban: "We inherited a deadline," Blinken quipped, "we did not inherit a plan." FIND OUT HOW GOP LEADERS REACTED TO BLINKEN'S WORDS
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Bioscience firm eyes mammoth de-extinction
If a bioscience firm has its way, your grandchildren won't have to go to a museum to see a woolly mammoth. They can go to a zoo, or maybe even see herds in the wilds of the Arctic if Colossal can crack the genetic code of the massive creatures that suffered extinction about 4,000 years ago. In partnership with a Harvard geneticists, Colossal says it has collected enough DNA samples from woolly mammoth fossils to bring the beasts back from the dead. In fact, the company claims to have the power to do a lot of things with DNA to offset extinctions created by climate change. SEE HOW SCIENCE MAY BRING LIFE BACK FROM EXTINCTION
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Space canine
Elon Musk's new dog Floki could become the first dog to board a private space mission, but he wouldn't be the first K-9 in space. What was the name and breed of the first dog in space and when did it first happen? Monday’s answer: Dr. John Woodworth became the first surgeon general when the role was under the Marine Hospital Service in 1871. Originally created for the military, the office is now the nation's top medical officer. SEND YOUR ANSWER HERE TO SHOW OFF YOUR KNOWLEDGE
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Fast Start for friends
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