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Trump Proposes Tax Cuts as Coronavirus Hits the Economy

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  • President Donald Trump announced Monday that his administration will be meeting with House and Senate Republicans to discuss passing payroll tax cuts, as well as relief for hourly wage earners. 
  • The announcement came the same day the U.S. Stock Market finished its worst day since the 2008 financial crisis, with the Dow Jones closing 2,000 points and 7.8% lower.
  • On Fox Business, Host Trish Regan then blasted Democrats for politicizing the coronavirus in relation to Trump, though many online later blasted her for politicizing the issue. 

Trump Payroll Tax Cut

President Donald Trump announced that his administration would be meeting with top Republicans on Tuesday to discuss passing legislation that would provide payroll tax cuts as well as relief for hourly wage earners. 

Trump also announced the White House will be working with industries like airlines, cruise ships, and hotels, all of which have been hit by the coronavirus as people cancel travel plans.

“We are going to take care of and have been taking care of the American public and the American economy,” Trump said from the White House Press Room Monday night.

Trump’s proposed tax cuts would be in addition to the recent passage of an $8.3 billion aid package focused on vaccine research and other medical efforts.

While Trump has announced his plan to have Republican lawmakers introduce legislation into Congress, much of the specifics of the plan are still unknown. 

At a press conference Tuesday afternoon, Trump called his meeting with top Republicans “great,” saying there was “tremendous unity;” however, no decision was reached.

In that meeting, Trump reportedly proposed a temporary payroll tax cut that could cost the government $40 billion a month, but some Republicans reportedly proposed different plans, while others worried that payroll tax cuts might not do enough to stimulate the economy.

What Are Payroll Tax Cuts?

Payroll tax cuts are what they sound like: cuts aimed at reducing the amount of money taken out of a paycheck, where that paycheck is weekly, biweekly, monthly, etc. Generally, they include both Social Security and Medicare.

Usually, when Congress implements a payroll tax cut, it tends to scale back Social Security. In fact, in 2011, Social Security taxes fell from their standard 6.2% to 4.2%, meaning people got to pocket that extra 2%. Medicare taxes, however, were not changed. 

The general idea of payroll tax cuts is the hope that people will spend that extra money; however, some have expressed concerns that such cuts might not translate into spending as people avoid shopping during the outbreak. 

Of course, more money for citizens also means less money for the federal government. In fact, according to the Committee for a Responsible Federal Budget, if Congress and the White House end up reducing the payroll tax by only 1%, that would cut federal revenue by between $55 and $75 billion.

Worst Stock Market Day Since 2008

Part of Trump’s announcement and the reason why his administration would want spending in the first place is that the stock market has been quickly falling since mid-February.

On Tuesday, the stock market saw its worst day of trading since the 2008 financial crisis, with the Dow Jones falling more than 2,000 and closing 7.8% lower. 

In fact, at one point, the stock market even temporarily stopped trading. Such a move has not happened since 1997.

Notably, that only lasted 15 minutes, and it was triggered by Saudi Arabia slashing at oil prices as part of a trade war with Russia. Still, much of that trade war stems from the coronavirus (particularly from Asia’s drop in oil consumption), and there is fear that the coronavirus could end up plunging the global economy into recession.

On Tuesday, the Dow jumped back up 945, though it drifted downward later in the day before stocks closed.

It is, however, hard to judge the stock market by only looking at its daily position. In mid-February, the Dow was at around 29,000 points. Monday, it ended just shy of 24,000 points.

Reaction from Lawmakers

Regarding a payroll tax cut, Monday, Senator Chuck Grassley said (R-IA) “everything is on the table.”

Another senator, John Cornyn (R-TX), called right now too early to employ tax. “I usually love tax cuts,” he said, “but I think it’s a little bit premature…”

On the other side of the aisle, Democrats are working on their own plan, which could reportedly be published in full later this week. 

Speaker of the House Nancy Pelosi and Senator Minority Leader Chuck Schumer introduced some of the details of that plan on Monday. It would include free coronavirus testing, paid leave for those affected by the epidemic, expanded food subsidies, and expanding the federal unemployment insurance system.

On the note of paid leave, there seems to be some common ground between Democrats and the Trump Administration. Vice President Mike Pence has indicated that the Trump Administration will work with Congress to make sure people don’t lose their paychecks.

“Coronavirus Impeachment Scam”

Following Trump’s announcement that he was hoping to introduce tax break policy into Congress, Fox Business host Trish Regan blasted Democrats, saying they have politicized the coronavirus. 

Next to her on the chyron read the words “Coronavirus Impeachment Scam.

“The chorus of hate being leveled at the president is nearing a crescendo as Democrats blame him and only him for a virus that originated halfway around the world,” Regan said. “This is yet another attempt to impeach the president, and sadly, it seems they care very little for any of the destruction they are leaving in their wake.” 

“Losses in the stock market, all this, unfortunately, just part of the political casualties for them,” she added. “You know, this is the time to be united, not to be pointing fingers, not to be encouraging hate, and yet, what do we see? We see the absolute opposite from the left tonight!” 

Trump later retweeted a clip of Regan’s video, but Regan also faced substantial criticism online, either by people saying she herself was politicizing the coronavirus. Many then pointed out the fact that her comments came as people were dying in the United States. 

Oddly enough, the same night on Tucker Carlson Tonight, Carlson painted a much different story for his viewers, even seemingly making an indirect jab at President Trump’s handling of the coronavirus in the U.S. 

“Meanwhile, if we’re being honest, the other side has not been especially helpful either,” Carlson said of Republicans. “People you trust, people you probably voted for, have spent weeks minimizing what is clearly a very serious problem. ‘It’s just partisan politics,’ they say, ‘Calm down.’ ‘In the end, this is just like the flu, and people die from that every year.’ ‘Coronavirus will pass. And when it does, we will feel foolish for worrying about it.’ That’s their position.” 

See what others are saying: (The Washington Post) (CNBC) (Newsweek)

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Texas Students Created Snapchat Group To ‘Slave Trade’ Black Classmates

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  • Freshmen at a Texas high school set up a Snapchat group to pretend to sell their Black classmates. 
  • A screenshot showed the group name being changed from “Slave Trade” with emojis of a Black man, a gun, and a white police officer to “[racial slur] Farm” and then “[racial slur] Auction.”
  • That image also shows a person saying they would spend $100 on a peer while a second student said they would spend $1 on another, adding “would be better if his hair wasn’t so bad.”
  • The school faced backlash for initially describing it as “an incident of cyberbullying and harassment,” without acknowledging the racism. The district later issued a stronger condemnation and said the students were disciplined but did not list specific consequences.

Racist Snapchat Group

Aledo high school students at Daniel Ninth Grade Campus in Northern Texas are making headlines for setting up a Snapchat group to pretend to sell their Black classmates. 

A screenshot reviewed by several local news outlets showed the group name being changed from “Slave Trade” with emojis of a Black man, a gun, and a white police officer to “[racial slur] Farm” and then “[racial slur] Auction.”

That image also shows a person saying they would spend $100 on a peer. A second student said they would spend $1 on another, adding “would be better if his hair wasn’t so bad.”

Screenshot of group chat message via KXAS

At least one student who was mentioned as being “sold” in the chats was later sent screenshots of the conversations.

According to a report from the Star-Telegram reported last week, when the issue was brought to Principal Carolyn Ansley, she sent parents an email that didn’t mention the Snapchat group but only cited “an incident of cyberbullying and harassment.”

That caused frustrations because parents felt the issue of racism wasn’t being addressed or acknowledged.

Mark Grubbs, a father of three former students, told KXAS he was sickened by the students’ actions. Grubbs, who is Black, also said he had taken his children out of the district over other racist incidents in the past.

“My son being called out of his name and what not and it got to the point he didn’t mind fighting and that didn’t sit right with me and my wife. My son was never a fighter,” he said.

District Responds

After the incident garnered media attention, the Aledo Independent School District issued a statement.

The district said it learned of the incident more than two weeks ago and started an investigation that involved law enforcement.

“There is no room for racism or hatred in the Aledo ISD, period,” it added. “Using inappropriate, offensive and racially charged language and conduct is completely unacceptable and is prohibited by district policy.”

District officials spoke with the students responsible as well as their parents, saying they “made it clear that statements and conduct that targets a student because of his or her race is not only prohibited but also has a profound impact on the victims.”

The district also said it assigned disciplinary consequences, though it did not explicitly state what those consequences were or state how many students were involved.

See what others are saying: (The Washington Post) (ABC) (Fort Worth Star-Telegram)

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What You Need To Know About the Johnson & Johnson Vaccine Pause

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  • The CDC and the FDA have issued a joint recommendation to pause distribution of Johnson & Johnson’s COVID-19 vaccine amid reports that six women experienced “extremely rare” blood clots after receiving the single-dose shot.
  • The vast majority of the 6.8 million Americans who were given the Johnson & Johnson vaccine have reported minor to no side effects, and no direct link has been established between the vaccine and blood clots at this time. 
  • The two agencies are expected to release updated guidance in the coming days.
  • Several states and cities are now automatically giving the two-dose Pfizer vaccine to people who were scheduled to receive the Johnson & Johnson vaccine this week. 

CDC and FDA Recommend J&J Vaccine Halt

The Centers for Disease Control and Prevention, as well as the Food and Drug Administration, released a statement Tuesday recommending a pause on the use of Johnson & Johnson’s COVID-19 vaccine.

So far, 6.8 million people in the U.S. have been vaccinated with Johnson & Johnson’s single-dose vaccine, most with zero or only mild side effects.

The updated guidance comes after six women, all between the ages of 18 to 48, experienced what both agencies described as “extremely rare” blood clots six to 13 days after being vaccinated. One of those women has died and another is in critical condition.

Neither the CDC nor the FDA has confirmed that the Johnson & Johnson vaccine is the cause of these blood clots; rather, they said this guidance comes “out of an abundance of caution.”

That’s also in line with Johnson & Johnson itself, which said it’s aware of the reports but added that “no clear causal relationship has been established between these rare events.” As a precaution, Johnson & Johnson has also now delayed the rollout of its vaccine in Europe. 

What Happens From Here?

Principal Deputy Director of the CDC Anne Schuchat said further recommendations will come quickly.

FDA Acting Commissioner Janet Woodcock echoed that statement, saying, “We expect it to be a matter of days for this pause.”

Wednesday, a CDC committee will convene to discuss the cases and assess their potential significance.

When asked if the government was overreacting to just six cases out of nearly 7 million vaccinations (a criticism made by some online), Schuchat said the CDC pulled its recommendation specifically because the type of blood clots seen in these 6 women requires special treatment, so “it was of the utmost importance to us to get the word out.”

In the meantime, both agencies are urging Johnson & Johnson vaccine recipients to contact their doctors if they experience any combination of severe headaches, abdominal pain, leg pain, or shortness of breath. 

What If I Had A J&J Appointment?

Both agencies, as well as other health officials, are still urging unvaccinated people to take the Moderna and Pfizer vaccines when available in their area.

The White House’s COVID-19 response coordinator has said that 28 million doses of those vaccines will be made available this week. Notably, that’s more than enough for the country to continue giving 3 million shots a day. 

If you had an appointment scheduled to get the Johnson & Johnson vaccine, you’re likely not completely out of luck.

For example, while D.C. vaccination sites are canceling all Johnson & Johnson appointments between Tuesday and this Saturday, the health department there has said it’ll send out invitations on Wednesday to reschedule.

Similar situations were reported in Virginia and Maryland, though some vaccination sites in Maryland are still honoring existing appointments by automatically giving people Pfizer instead. That’s also a process that is now being conducted in places like New York State and Memphis.

See what others are saying: (Associated Press) (NBC News) (The Washington Post)

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Minnesota Protests Continue for a Second Night Over Police Killing of Daunte Wright

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  • Protests continued in Brooklyn Center, Minnesota, on Monday over the death of Daunte Wright, who was fatally shot by a police officer who allegedly thought she was using her Taser.
  • Police fired tear gas and rubber bullets at demonstrators violating the 7 p.m. curfew, as well as others who threw projectiles back at the officers. Several incidents of looting were reported, though law enforcement officials said they were minimal.
  • That same evening, police officials identified the officer involved in Wright’s death as Kimberly Potter, a 26-year veteran of the force, prompting many experts to flag numerous reasons an officer with her experience should have known not to confuse her weapon with a stun gun.
  • Wright tendered her resignation on Tuesday, as did Brooklyn Center Police Chief Tim Gannon.

Second Night of Demonstrations 

Demonstrators clashed with police for the second night in a row Monday after an officer shot and killed 20-year-old Daunte Wright during a traffic stop in Brooklyn Center, Minnesota.

Much like protests the day before, the events reportedly started out peaceful, with hundreds attending a vigil on the street where Wright was killed. Hundreds more gathered outside the Brooklyn Center Police Department.

The situation started to escalate after 7 p.m. when the curfew instituted across all four Twin City metro-area countries went into effect. According to reports, police began to warn people that they were in violation of the curfew, and shortly before 8 p.m., officers began firing rounds of tear gas, rubber bullets, and flash grenades. 

Some protesters reportedly retaliated by throwing water bottles, fireworks, and other projectiles. Later, police in riot gear pushed groups of demonstrators who had regrouped away from the police station.

Looters also broke into several businesses at a strip mall close by, including a Dollar Tree, where flames were reportedly later spotted, though law enforcement officials described the looting as limited.

During a press briefing just after midnight, officials said that 40 people had been arrested at the Brooklyn Center protest.

Officer Identified

Late Monday, state officials identified the officer who fatally shot Wright as Kimberly Potter, a 26-year veteran of the force. BCPD Chief Tim Gannon had previously said that the officer, who he refused to name, had intended to use her Taser, but accidentally used her gun.

Many social media users and experts questioned how someone with 26 years of experience could mix up a Taser and a gun, including one retired sergeant with the Los Angeles Police Department, who told The New York Times, “If you train enough, you should be able to tell.” 

The Times also noted that it is not common for officers to mix up their Tasers and guns, that most police forces — including BCPD — use a variety of protocols to prevent this from happening

Tasers are usually designed with specific features to distinguish them from guns, such as bright color-coating and different styles of grips. According to The Times, the BCPD manual cites three different pistol models as standard-issue, all three of which “weigh significantly more than a typical Taser.”

Those pistols also have a trigger safety that can be felt when touching them, while the Tasers do not. The outlet additionally noted that BCPD protocol requires officers to wear guns on their dominant sides and Tasers on the opposite to prevent exactly this kind of confusion.

Beyond that, Potter’s actions may have violated department policy even if she had used her Taser because the manual says it should not be used on people “whose position or activity may result in collateral injury,” including those “operating vehicles.” 

It also says that officers should make “reasonable efforts” to avoid using the stun gun on people in the “head, neck, chest and groin,” but Wright was shot in the chest. 

On Tuesday afternoon, it was reported that Potter and Chief Gannon have resigned from the force. The resignations come after Brooklyn Center leaders dismissed the city manager, a decision that could potentially give Mayor Mike Elliot the ability to fire the chief or officers in the department.

The resignations also come amid reports that Potter had been involved in another police-involved shooting in 2019, where she had been “admonished by investigators for allegedly attempting to conceal evidence after a police shooting that left a 21-year-old autistic man dead,” according to The Daily Beast.

Misinformation Spreads

As more information comes out surrounding the traffic stop that led to Wright’s death, several pieces of misinformation have also continued to spread on social media.

Most of the false information centers around the warrant for Wrights’ arrest that prompted police to attempt to detain him.

According to reports, court records show that a judge issued the warrant earlier this month after he missed a court appearance for two misdemeanor charges he was facing from last June for carrying a pistol without a permit and running from officers. 

Notably, Wright does have a number of past charges filed against him, including two for attempted sale of Marijuana and aggravated robbery. Despite claims by many social media users, those charges were for separate incidents, and the warrant was specifically for failing to appear in court for the June charge.

There has also been a viral video circulating Twitter and TikTok claiming court records show that the hearing notification was sent to the wrong address, seemingly in reference to a piece of mail that had failed to be delivered in his court records.

The mail, however, was actually for a different case and is not connected to the notification for the hearing he missed. While that video is incorrect and county officials maintain that they did send him notification, Wright’s public defender, Arthur Martinez, told reporters his client had never received the notice and that the court had not informed him either.

See what others are saying: (The New York Times) (The Minneapolis Star Tribune) (The Daily Beast)

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