Politics

Slow Response to the Coronavirus Measured in Lost Opportunity

So far those figures have not compared the number of deliveries to the number of equipment needed. And that gap seems huge. Mr. Cuomo crystallized the issue on Tuesday when he said that “the timeline doesn’t work.” “I don’t need ventilators in six months,” he said. “And I don’t need ventilators in five months, four […]

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Oracle Providing White House With Software to Study Unproven Coronavirus Drugs

Dr. Agus has boasted to senior administration officials that he has talked about the benefits of the drugs with Mr. Trump, who has publicly counseled that medical efforts not be wedded to traditional drug trials. That has alarmed senior health officials, who see the Oracle project as a way around the rigor and consensus of

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The Oversight Playbook From 2008 Returns as Bailout Swells

WASHINGTON — One of the most contentious questions dogging talks over the $2 trillion economic stabilization bill revolves around how to ensure that such a sweeping bailout is administered fairly and without preferential treatment. Democrats have made Treasury Secretary Steven Mnuchin the face of the bailout, warning that one of President Trump’s closest advisers should

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Democrats Near Deal With White House on Stimulus Package

WASHINGTON — Top Democrats and Trump administration officials said they were optimistic about finalizing an agreement on Tuesday on a roughly $2 trillion economic stabilization plan to respond to the coronavirus pandemic, after striking a tentative deal to add oversight requirements for a $500 billion government bailout fund for distressed companies. “We’re looking forward to closing

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The Fed’s Message: The Money-Printing Presses Are Fired Up and Ready to Go

The extraordinary actions of the Federal Reserve on Monday morning can be boiled down to two sentences: There is a rapidly developing shortage of dollars across the economy. And the Fed will do anything it needs to, on any scale imaginable, to end this shortage. Its announcement was phrased in the dry bureaucratese typical of

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Coronavirus: Ex-minister on ’empty’ help for stranded Brits

A Conservative MP has told the foreign secretary that the image of British people sleeping rough on Caracas streets was “not a good one”. Former Immigration Minister Caroline Nokes complained about closed UK embassies with “door shut to our travellers” and a lack of help to get British people home. She said Dominic Raab knew

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Obamacare Turns 10. Here’s a Look at What Works and Doesn’t.

In the early years though, it wasn’t clear that the insurance market created under the law was going to work. Healthcare.gov, the federal online marketplace, got off to a shaky start, with technical issues keeping people from enrolling in plans. Insurers also had difficulty pricing their plans. After decades of carefully selecting whom they insured,

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