- As travel soared for the Thanksgiving holiday, health officials warn of an inevitable spike that will only worsen with Christmas on the way.
- Dr. Anthony Fauci urged travelers to isolate and quarantine as a “surge upon a surge” is on the way. Dr. Deborah Birx said that anyone who traveled should assume and act as if they have the virus.
- The month of November saw 4.2 million cases in the U.S., nearly one-third of the cases the country has seen throughout the pandemic. Deaths are also on the rise again.
- But in good news, Moderna is submitting its vaccine for FDA approval. It is the second company to do so behind Pfizer, and says its vaccine is 94% effective.
Cases and Travel on the Rise
After the U.S. saw record-breaking pandemic travel leading up to Thanksgiving, top health officials are urging travelers to quarantine as a surge in cases is likely coming.
On the day before Thanksgiving over 1,070,000 people traveled through airport security, which is the highest since the pandemic began, according to tallies from CNN Travel. While that is 40% less than the number of people who traveled the same day last year, it comes after the Centers for Disease Control and Prevention urged the nation not to travel for the holiday. Over 6 million people went on to travel after the CDC made that plea.
The U.S. has seen a total of 13.4 million cases and lost 266,000 lives to the coronavirus. On Friday, the country broke a grim record, reporting over 205,000 new cases in a single day. The month of November has been one of the most consequential when it comes to the spread of COVID-19. At least 4.2 million cases were reported in November alone. This is over double the 1.9 million reported in October, which is the month with the second-highest number of cases. It also accounts for over 30% of the country’s total cases since the pandemic started.
Deaths are also on the rise. Nearly 36,000 lives have been lost in November, the highest that number has been since May. The month with the highest death toll is April when just under 59,000 people died.
Health Officials Warn of Surge
Because a surge in travel came at the same time cases were already on a concerning rise, the nation’s top health officials are urging travelers to isolate and test themselves as another rush of cases is nearly inevitable.
“We have to be careful now because there almost certainly is going to be an uptick because of what has happened with the travel,” Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases told ABC News on Sunday.
“And perhaps two or three weeks down the line, Martha, we may see a surge upon a surge,” Dr. Fauci explained. “You know, we don’t want to frighten people, but that’s just the reality. We said that these things would happen as we got into the cold weather and we began traveling and they’ve happened. It’s gonna happen again.”
Officials believe that those who have traveled need to do everything in their power to prevent their ability to spread the virus as they return home. Dr. Deborah Birx, a top coordinator for the White House Coronavirus Task Force, said that travelers should just assume they have COVID-19.
“We know people may have made mistakes over the Thanksgiving time period. If you’re young and you gathered, you need to be tested about five to 10 days later,” she said on Face the Nation. “But you need to assume that you’re infected and not go near your grandparents and aunts and others without a mask.”
The impacts of another surge could be severe. Across the country, hospitals are already overwhelmed. If cases skyrocket in the coming weeks, many places will not be equipped to handle the caseload. As Christmas approaches, travel and indoor gatherings will ramp up again, and another surge after that is also sure to come.
Moderna to Seek FDA Approval
But hope is on the horizon. Pfizer has already announced that it has begun the process of seeking FDA approval for its vaccine. Now, Moderna is on the same track. The Massachusetts-based company plans on submitting its vaccine for FDA authorization on Monday after expanded data showed that it is 94.1% effective overall and 100% effective in preventing severe cases.
Moderna’s study involved 30,000 people and resulted in 196 cases. The company said 185 of those came from the placebo group and 11 came from the vaccine group. It also said 30 of the reported cases were severe, all of which were from the placebo group.
So far, Moderna claims the efficacy of the vaccine is consistent across a number of demographics. The company also says that while a safety review is still ongoing, no serious concerns have been identified. The most common reactions included injection site pain, fatigue, muscle and joint pain, and a few other milder side effects. In addition to submtting for approval from the FDA in the U.S., it will also seek authorization in Europe.
“We believe that our vaccine will provide a new and powerful tool that may change the course of this pandemic and help prevent severe disease, hospitalizations and death.” Stéphane Bancel the Chief Executive Officer of Moderna said in a statement. “I want to thank the thousands of participants in our Phase 1, Phase 2 and Phase 3 studies, as well as the staff at clinical trial sites who have been on the front lines of the fight against the virus.”
Moderna’s Chief Medical Officer, Dr. Tal Zaks, told the Associated Press that when he saw how promising the results were, he became emotional.
“I allowed myself to cry for the first time,” he told the outlet. “We have already, just in the trial, have already saved lives. Just imagine the impact then multiplied to the people who can get this vaccine.”
Moderna expects to hold their big meeting with the FDA’s vaccine committee December 17, a week after Pfizer’s meeting. Once approved the vaccine will likely go to frontline workers and vulnerable populations first and both companies are getting ready to dole out vaccines the second they are allowed to do so. According to the AP, Moderna expected to have enough doses for 10 million people by the end of the year. Pfizer plans to have enough for 12.5 million in the United States.
See what others are saying: (CNN) (Associated Press) (CBS News)
Donald Trump and Eldest Three Children Hit With Fraud Lawsuit From New York AG
AG Letitia James says that the former president “falsely inflated his net worth by billions of dollars to unjustly enrich himself.”
Lawsuit Filed Against Trump
New York Attorney General Letitia James announced on Wednesday that she filed a civil lawsuit against former president Donald Trump and his three eldest children over allegations that they fraudulently inflated asset valuations within the Trump Organization.
Donald Trump Jr., Eric Trump, and Ivanka Trump are all listed alongside their father in the lawsuit. Executives Jeffrey McConney and Allen Weisselberg, the latter of whom recently pled guilty to tax crimes, are also listed alongside other Trump businesses.
“Donald Trump, with the help of his children…and senior executives at the Trump Organization, falsely inflated his net worth by billions of dollars to induce banks to lend money to the Trump Organization on more favorable terms than would otherwise have been available to the company, to satisfy continuing loan covenants, to induce insurers to provide insurance coverage for higher limits and at lower premiums, and to gain tax benefits, among other things,” a press release announcing the lawsuit claimed.
The Attorney General’s office claims that between 2011 and 2021, Trump and the Trump Organization made 200 false and misleading claims about asset values on annual financial statements.
The lawsuit was filed Wednesday in a State Supreme Court in Manhattan.
“The complaint demonstrates that Trump falsely inflated his net worth by billions of dollars to unjustly enrich himself and to cheat the system, thereby cheating all of us,” James said while announcing the complaint.
Her office is seeking to permanently ban Trump and his children from serving as an officer or director in any New York corporation and to bar Trump and his organization from entering into any New York real estate acquisitions for five years. The office is also seeking to recover $250 million in penalty payments, among other forms of relief.
The Office of the Attorney General has also referred the matter to the federal attorneys in New York and to the IRS for criminal investigation.
“There aren’t two sets of laws for people in this nation: former presidents must be held to the same standards as everyday Americans,” James added in a statement on social media.
“Trump’s crimes are not victimless,” she continued. “When the well-connected and powerful break the law to get more money than they are entitled to, it reduces resources available to working people, small businesses, and taxpayers.”
Trump Allegedly Inflated Key Assets
According to James’ release, Trump “made known through Mr. Weisselberg that he wanted his net worth on his statements to increase every year.”
“And the statements were the vehicle by which his net worth was fraudulently inflated by billions of dollars year after year,” the release continued.
Among the assets Trump and his organization allegedly inflated was the Trump Tower Triplex, an apartment Trump allegedly claimed was 30,000 square feet when it is just around 11,000 square feet. Because of its ballooned size, the property was valued at $327 million in 2015, roughly three times as much as the sole apartment in New York City to ever sell for over $100 million at the time.
For further comparison, the highest sale for a listing in Trump Tower at the time was only $16 million.
Trump also allegedly claimed Mar-a-Lago was valued as high as $739 million based on the “false premise” that the property could be developed and sold for residential use. The lawsuit claims that Trump actually signed deeds donating those rights, limiting the property’s use to a social club. James and her office claim its value would fall closer to $75 million.
Inflated Clauations Cannot Be “Excused”
“The inflated asset valuations in the Statements cannot be brushed aside or excused as merely the result of exaggeration or good faith estimation about which reasonable real estate professionals may differ,” the lawsuit states, adding that instead, they are the result of improper methodology intentionally meant to falsely boost Trump’s net worth.
The investigation into Trump’s alleged fraud began nearly three years ago, and the former president has repeatedly called it a politically motivated witch hunt. His attorney, Alina Habba, doubled down on that rhetoric in a statement Wednesday.
“Today’s filing is neither focused on the facts nor the law – rather, it is solely focused on advancing the Attorney General’s political agenda,” Habba said. “We are confident that our judicial system will not stand for this unchecked abuse of authority, and we look forward to defending our client against each and every one of the Attorney General’s meritless claims.”
For his part, Trump has blasted the lawsuit on Truth Social, calling James a “fraud” and a “crime-fighting disaster.”
Trump previously tried to impede the probe but was ultimately ordered by a judge to sit for a deposition and turn over subpoenaed documents. Reports say he pled the fifth hundreds of times during his deposition.
See what others are saying: (Bloomberg) (The Washington Post) (Reuters)
Hurricane Fiona Causes “Catastrophic” Damage in Puerto Rico, Leaving Many Without Power
While power has been restored to some, more than a million remain without it as continued rainfall, flooding, and landslides are expected to cause further damage across the island.
Hurricane Fiona Wreaks Havoc
Hurricane Fiona made landfall in Puerto Rico Sunday, bringing heavy rains, flooding, and landslides, while also knocking out power for the entire island and killing at least one person.
Photos and videos posted on social media show floodwaters consuming major streets and engulfing cars. Some pictures show an entire bridge flooded, making it impassible. Other footage shows a different bridge entirely uprooted and a metal barrier ripped away from the road and floating down a river of floodwater.
Officials have said conditions are still too dangerous to fully evaluate the extent of the crisis. In remarks to the public, Puerto Rico’s governor, Pedro Pierluisi, described the damage as “catastrophic.”
He asserted that the storm has been one of the most significant since Hurricane Maria — which hit the island almost exactly 5 years ago to the day — killing more than 3,000 people, leaving many without power for months, and causing destruction that the island is still recovering from.
Pierluisi noted that Puerto Rico has received over 30 inches of rain and that some areas have even gotten more rain than during Hurricane Maria. As of Monday afternoon, the National Gaurd has led 30 rescue operations so far, saving more than 1,000 stranded residents in 25 municipalities, according to the governor.
Pierluisi also added that more than 2,000 people were in the island’s 128 shelters, with officials further saying there is plenty of shelter space for those who need it. On Sunday, President Joe Biden approved an emergency declaration for Puerto Rico, which will allow federal agencies to coordinate disaster relief.
Continued Issues As Storm Rages On
Meanwhile, Puerto Rico’s water authority has confirmed that just over 70% of the island is still without water. According to poweroutage.us, more than 1.3 million customers were still without power as of Monday morning.
The power company LUMA also stated that electricity had been restored to around 100,000 customers over the course of Sunday night, though it previously warned that the full restoration of power could take several days as the storm has created “incredibly challenging” conditions.
While Hurricane Fiona has passed through Puerto Rico, having now made landfall in the Dominican Republic, officials and experts say that heavy rains and further flooding are still to be expected for the next few days.
The National Weather Service has warned that “life-threatening and catastrophic flooding” as well as mudslides and landslides are expected to continue across the island. As a result, Pierluisi has urged Puerto Ricans Monday to remain home and in shelters so that officials can continue to respond to others in need.
He also noted that the areas most impacted by the hurricane include the southern part of the island, the southwest, and the mountains.
After moving through the Dominican Republic, Hurricane Fiona is expected to head towards Turks and Caicos Tuesday. The National Hurricane Center has said that the storm will continue to grow and by Wednesday, it is set to become a major hurricane — which means a Category 3 or higher.
See what others are saying: (The New York Times) (The Washington Post) (CNN)
Government Aid Cut Child Poverty in Half During Pandemic, Data Shows
The reduction occurred similarly across geography, race, family type, and citizenship status.
Largest Drop in Half a Century
The United States’s child poverty rate sank to the lowest level on record last year, primarily thanks to pandemic relief measures and other government programs, according to an analysis of census data released Tuesday.
The Center on Budget and Policy Priorities analyzed data from the Census Bureau’s supplementary poverty measure, which accounts for safety net programs and tax credits as well as regional differences in the cost of living.
From around 11% in 2019, the percentage of kids living below the poverty line fell to 9.7% in 2020 and 5.2% the year after that.
In just two years, nearly 5.5 million kids were lifted from poverty, marking an almost 60% drop in the child poverty rate.
The Center’s researchers gave most credit to the federal government’s numerous interventions in the economy, from stimulus payments and the expanded child tax credit to eviction moratoriums and expanded unemployment insurance.
Without government intervention, poverty in 2020 would have experienced its second-largest recorded increase, the Center claimed, but instead, it underwent the largest single-year decline in over half a century.
Especially impactful was the expanded child tax credit, which sent up to $300 per child to households with children every month between July and December 2021.
According to the analysis, this policy alone pulled nearly three million kids out of poverty.
But the tax credit’s expansion expired at the end of the year despite Democrats’ efforts to prolong it with Biden’s signature Build Back Better bill, which was blocked by Sen. Joe Manchin (D-WV), who reportedly told colleagues he was concerned that families might use the payments to buy drugs.
Poverty Before COVID
Child poverty has fallen by 59% since 1993, when it sat at around 28%, according to another analysis published Sunday by The New York Times and the nonpartisan group Child Trends.
They found that the decline occurred across all 50 states and D.C., as well as in different levels of poverty.
It similarly affected nearly all subgroups of children, — white, Black, Asian and Hispanic, single-parent and two-parent, immigrant and non-immigrant.
The causes driving the pre-pandemic decline included general economic improvement — low unemployment, a higher labor force participation rate among single mothers, and growing state minimum wages — but the researchers pinned government welfare programs as the dominant factor.
They specifically mentioned the earned income tax credit, social security, unemployment insurance, and nutrition and housing assistance.
Despite the positive trend, more than eight million children still live below the poverty line, and that number excludes those who live just above it but still struggle to meet basic needs.
The current poverty line sits around $29,000 for a family of four in a location with typical living costs.
Moreover, disparities still persist, with Black and Latino children about three times as likely as their white peers to be poor.