Good morning! We hope you had a wonderful weekend. Welcome back to $4, your weekday look at the biggest stories in DC and beyond. $4
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Here's what we're talking about today:
1. WHEELING AND DEALING: Negotiations on President Biden's $2.3 trillion jobs plan are in full swing. He will meet later today in the Oval Office with a bipartisan group of lawmakers, some of whom are former mayors and governors. Meanwhile, Vice President Harris will head to North Carolina touting the plan $4. However, the more talks continue around the plan, the more it becomes apparent $4
Here's a look at where things stand:
A GOP counterproposal is moving forward: Sen. John Cornyn of Texas said $4. Republicans and some business groups have pressured the White House to narrow its definition of infrastructure by cutting items like $400 billion for home care workers. $4 that goes beyond roads, bridges, ports, and airports.
A deal is said to be forming around corporate taxes: Biden and Democrats, Axios reports, are increasingly prepared to $4. Trump and the GOP's 2017 tax law lowered the overall corporate rate from 35% to 21%.
- More Democrats getting SALTy: Rep. Thomas Suozzi of New York told The Washington Post $4 the $10,000 cap on state and local tax deductions created by the 2017 law. $4, though not everyone in the party agrees.
Time remains a factor: House Speaker Nancy Pelosi has privately told lawmakers that s$4 a speedy timeline in an institution that moves notoriously slow. Unlike Biden's $1.9 trillion rescue plan, the White House expects the infrastructure plan to move through a more normal process of hearings and mark-ups.
2. Fauci expects a decision on Johnson & Johnson this week: Dr. Anthony Fauci hopes $4. The Centers for Disease Control and Prevention has a meeting that day to discuss what to do about the vaccine that was paused after six women developed rare blood clots.
- Half of US adults have had at least 1 dose of a vaccine>$4: Some 84 million people are fully vaccinated from coronavirus, about 32.5% of the population, the AP reports. But vaccine hesitancy continues to be an issue. The New York Times found that the $4
3. These are the stocks lawmakers are trading: Rep. Seth Moulton, Democrat from Massachusetts, is one of the newest investors in Swedish company Oura, the maker of a high-tech wearable ring that measures all sorts of biometrics. Moulton invested up to $250,000 in the private company. He told Insider that he's recused himself from decisions related to his or his wife's investments. $4
Dogecoin is in the halls of Congress. Rep. Mark Green, a Republican from Tennessee, purchased between $1,001 and $15,000 worth of the cryptocurrency. And Sen. Mark Warner, a Democrat from Virginia, and one of the wealthiest members of Congress, sold off his investment in Revival, a custom window company. He netted between $1 million and $5 million from the sale, which his office said was managed by a private trustee like all of his other investments.
Read the rest of our latest round-up here.>$4
4. Poll shows McConaughey with a double-digit lead over Gov. Greg Abbott: Texans favor Oscar-winner Matthew McConaughey over Abbott, the Republican governor, according to a poll released by The Dallas Morning News and the University of Texas at Tyler. Respondents back McConaughey (45%) over Abbott (33%) while 22% would support someone else. $4
5. Closing arguments in Derek Chauvin's murder trial are due today: Minneapolis and cities throughout the country are preparing for unrest as the jury is expected to begin deliberations later today. CNN reports that Los Angeles, Philadelphia, and San Francisco are readying extra officers in anticipation of the verdict. $4
- Republicans accuse Rep. Maxine Waters of inciting violence: Republican Sen. Ted Cruz of Texas accused the Democratic congresswoman of "actively encouraging riots" after she said people should $4
The top House Republican warned Pelosi about Waters' comments: