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Despite Problems In the Past, Biden to Try Again with ‘Green’ Stimulus

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Wind power more than tripled in the last decade, and now generates nearly 8 percent of the nation’s electricity. Solar power, which generated less than 1 percent of the nation’s electricity in 2010, now generates about 2 percent, and is growing fast. Economists generally agree that the Obama stimulus, which pumped about $40 billion in loans and tax incentives to those industries, deserves partial credit.

But experts also point to a fundamental problem with throwing money at climate change: It is not a particularly effective way to lower emissions of planet-warming pollution. While the Obama green spending created new construction jobs in weatherization and helped turn a handful of boutique wind and solar companies into a thriving industry, U.S. emissions of heat-trapping greenhouse gases have stayed about the same, five million tons a year since 2010, and are projected to continue at the same level for the coming decades, absent new policies to force reductions, such as taxes or regulations.

Mr. Obama had hoped to pair the recovery act money with a new law that would cap planet-warming emissions, but that effort died in Congress. His administration then enacted regulations on emissions, but they were blocked by the courts and rolled back by the Trump administration.

The recovery act “was a success at creating jobs, but it did not meet emissions-cutting goals,” said David Popp, a professor, of public administration at Syracuse University and the lead author of the National Bureau of Economics study on the green stimulus money. “And this new stimulus, on its own, will not be enough to reduce emissions.

“Unless they can pair it with a policy that forces people to reduce emissions, a big spending bill doesn’t have a big impact,” Mr. Popp said.

Frequently Asked Questions About the New Stimulus Package

The stimulus payments would be $1,400 for most recipients. Those who are eligible would also receive an identical payment for each of their children. To qualify for the full $1,400, a single person would need an adjusted gross income of $75,000 or below. For heads of household, adjusted gross income would need to be $112,500 or below, and for married couples filing jointly that number would need to be $150,000 or below. To be eligible for a payment, a person must have a Social Security number. Read more.

Buying insurance through the government program known as COBRA would temporarily become a lot cheaper. COBRA, for the Consolidated Omnibus Budget Reconciliation Act, generally lets someone who loses a job buy coverage via the former employer. But it’s expensive: Under normal circumstances, a person may have to pay at least 102 percent of the cost of the premium. Under the relief bill, the government would pay the entire COBRA premium from April 1 through Sept. 30. A person who qualified for new, employer-based health insurance someplace else before Sept. 30 would lose eligibility for the no-cost coverage. And someone who left a job voluntarily would not be eligible, either. Read more

This credit, which helps working families offset the cost of care for children under 13 and other dependents, would be significantly expanded for a single year. More people would be eligible, and many recipients would get a bigger break. The bill would also make the credit fully refundable, which means you could collect the money as a refund even if your tax bill was zero. “That will be helpful to people at the lower end” of the income scale, said Mark Luscombe, principal federal tax analyst at Wolters Kluwer Tax & Accounting. Read more.

There would be a big one for people who already have debt. You wouldn’t have to pay income taxes on forgiven debt if you qualify for loan forgiveness or cancellation — for example, if you’ve been in an income-driven repayment plan for the requisite number of years, if your school defrauded you or if Congress or the president wipes away $10,000 of debt for large numbers of people. This would be the case for debt forgiven between Jan. 1, 2021, and the end of 2025. Read more.

The bill would provide billions of dollars in rental and utility assistance to people who are struggling and in danger of being evicted from their homes. About $27 billion would go toward emergency rental assistance. The vast majority of it would replenish the so-called Coronavirus Relief Fund, created by the CARES Act and distributed through state, local and tribal governments, according to the National Low Income Housing Coalition. That’s on top of the $25 billion in assistance provided by the relief package passed in December. To receive financial assistance — which could be used for rent, utilities and other housing expenses — households would have to meet several conditions. Household income could not exceed 80 percent of the area median income, at least one household member must be at risk of homelessness or housing instability, and individuals would have to qualify for unemployment benefits or have experienced financial hardship (directly or indirectly) because of the pandemic. Assistance could be provided for up to 18 months, according to the National Low Income Housing Coalition. Lower-income families that have been unemployed for three months or more would be given priority for assistance. Read more.

But, he added, “spending money is politically easier than passing policies to cut emissions.” If that “sets up the energy economy in a way that it’s eventually cheaper to reduce emissions, it could create more political support for doing that down the road” by making legislation or regulations less painful, he said.

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NYPD releases video of gunman firing into group in the Bronx

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New video tweeted by the NYPD Sunday shows a gunman wildly firing down a Bronx street into a group of people in Fordham Manor, leaving two men wounded, cops said.

“WANTED for ASSAULT: Do you know this guy?” the NYPD wrote on Twitter.

“On 6/25/21 at approx 11:10 PM, in front of 2710 Morris Ave in the Bronx, the suspect fired several rounds towards a group, striking a 26-year-old male and a 20-year-old. Any info? DM @NYPDTips, or anonymously call them at 800-577-TIPS.”

The suspect who shot at a group of people in the Bronx on June 25, 2021.
The suspect who shot at a group of people in the Bronx on June 25, 2021.
NYPD
The suspect firing the gun in the Bronx.
The suspect firing the gun in the Bronx.
NYPD
The shooting left two people injured, according to the NYPD.
The shooting left two people injured, according to the NYPD.
NYPD

The 26-year-old was shot in the buttocks and the 20-year-old was shot in the leg, police said. Both were expected to survive.

The victims said they were standing with a group of friends when the “guy just came up and started shooting,” a police spokesman said.

No words were exchanged, video shows. 

There were no immediate arrests.

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FDA finds peeling paint, debris at US plant making J&J’s COVID vaccine

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A US plant that was making Johnson & Johnson’s COVID-19 vaccine must fix a long list of problems including peeling paint and unsanitary conditions and practices to resume operation, according to a highly critical report by the Food and Drug Administration.

Experts said addressing the issues raised in the scathing FDA inspection report could take months.

Neither J&J nor the FDA has said when they expect vaccine production to restart at the Baltimore plant owned by Emergent Biosolutions. Only two other plants are currently equipped to supply the world with the key drug substance for J&J’s vaccine.

“It may take many months to make these changes,” said Prashant Yadav, a global health care supply chain expert at the Center for Global Development. He described some of the issues raised by the FDA as “quite significant.”

No vaccine manufactured at the Emergent plant has been distributed for use in the United States. However, J&J said it will exercise its oversight authority to ensure that all of the FDA observations are addressed promptly and comprehensively.

The Johnson & Johnson vaccine was put on a pause in the US over a potential link to a blood clotting condition.
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The health care conglomerate has drawn scrutiny for months over its halting process to scale up production of a vaccine that is easier to handle and, by virtue of being a single shot, easier to use than other authorized vaccines.

Its use in the United States has been paused since last week as health officials study a possible link to a very rare but serious blood clot condition.

Emergent has been seeking regulatory authorization to make the J&J vaccine in the United States. It stopped production at the plant recently, saying the FDA had asked it to do so after an inspection.

J&J’s plant in Leiden, the Netherlands, is still producing doses for the world. It has another facility in India, which is currently curtailing exports of the shot as it struggles to vaccinate its own population.

Johnson & Johnson reiterated on Wednesday that it was working to establish a global supply chain in which 10 manufacturing sites would be involved in the production of its COVID-19 vaccine, in addition to the Leiden plant.

The company has a US government-brokered agreement with rival drugmaker Merck, which is preparing to make doses of J&J’s vaccine.

Failure to train personnel

The FDA in its final 12-page inspection report said it had reviewed security camera footage in addition to an in-person site visit to the Emergent plant.

It found a failure to train personnel to avoid cross-contamination of COVID-19 vaccines from Johnson & Johnson and AstraZeneca, which had also been produced at the site. The agency also cited staff carrying unsealed bags of medical waste in the facility, bringing it in contact with containers of material used in manufacturing.

The FDA reviewed security camera footage and visited the Emergent BioSolutions plant in Baltimore.
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Earlier this week, the House launched an investigation into whether Emergent used its relationship with a Trump administration official to get a vaccine manufacturing contract despite a record of not delivering on contracts.

Emergent said in a statement that it is working with the FDA and J&J to quickly resolve the issues outlined in the report.

Production of the AstraZeneca vaccine, which is not yet authorized for use in the United States, was previously stopped at the Emergent plant after ingredients from that shot contaminated a batch of J&J vaccine, ruining millions of doses.

The FDA also noted that Emergent did not produce adequate reports showing that the vaccines it was producing met quality standards.

The inspection, carried out between April 12 and April 20, also found the building not of suitable size or design to facilitate cleaning, maintenance or proper operations.

J&J said it was redoubling its efforts to get authorization for the facility as quickly as possible.

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One dead after pair of fires breaks out in Manhattan

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One person was killed and several others were injured in a pair of Manhattan fires Wednesday morning, officials said.

The first blaze erupted in Midtown around 8:15 a.m. inside a DSW Designer Shoe Warehouse at 213 W. 34th St., where an escalator became fully engulfed in flames — sending smoke billowing into the first and second floor and the interconnected 40-story hotel building, fire officials said.

It was not immediately clear which hotel it was.

Five firefighters suffered minor injuries putting out the blaze.

“The fire went out, but we have a smoke condition that we’re trying to alleviate,” FDNY Battalion Chief John Porretto said at the scene. “Units are going to remain on scene until all the smoke alleviates.”

The fire marshal will determine the causes of the fire.

A second blaze broke out 15 minutes later on the Upper East Side at 1576 2nd Ave., officials said.

A three-alarm fire at 213 W. 34th Street in Manhattan that left one dead
A three-alarm fire at 213 W. 34th St. in Manhattan left one dead.
NYFD

One man died in the fire and a second man was in serious condition at Lenox Hill Hospital, police said.

A firefighter suffered minor injuries battling the blaze and was taken to Cornell Hospital, fire officials said.

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