But i think that the idea now is that we have to hit back hard, we have to hit back strong if were going to finally put this dual crisis of the pandemic and the economic pain that is engendered behind us. With respect to larrys point, one thing is just wrong, which is that our team is dismissive of inflationary risks. Weve constantly argued that the risks of doing too little are far greater than the risk of going big. Providing families and businesses with the relief they need to finally put this virus behind us. Second, i want to quote fed chair Jerome Powell who strongly reiterated this view the other day, i think it was just a week or so ago, that inflationary risks are also asymmetric right now. Im much more afraid of people losing their careers and life that they built because they dont get back to work in time. Im more concerned about what that will do not just to their lives but to the American Economy. Im more concerned about that than which exists with higher inflation. In our
i m proud to announce that tomorrow, 58 days in our administration, we ll have met my goal of administering 100 million shots to our fellow americans. that s weeks ahead of schedule. the president says eight weeks ago, only 8% of seniors had received a vaccination. today 65% of people age 65 or older have received one shot. 30% are fully vaccinated. he continues to believe there will be enough vaccine supply for every adult in america by the end of may. so the white house says that s part of the reason why it s finalizing plans of sending millions of doses to mexico and canada. that vaccine important to note is not approved for use here in the united states. our first priority remains vaccinating the u.s. population and ensuring our neighbors can contain the virus is a mission critical step. we have seven million release able doses of astra zeneca. we re working to finalize plans to lend them to mexico and 1.5 million to canada. so the bottom line, charles, president
normalcy by july 4th weekend. there is light literally now that the lights have sprung forward. we ll have an extra hour of daylight. after the year we had it s hard not to feel a little good about what is on the horizon. however it could be a vastly different reality right now if the insurrection on january 6th had not failed. it has been two months and eight days since that day. the fbi is still working to make sure everyone that stormed the capital is fully prosecuted for their crimes. they are dotting their is and crossing their ts going through mown tapes of evidence but it all started at the top. cleaning up that january 6th mess is a top priority for merick garland. we re learning more about some of the rye jotters that were arrested. sivic is accused of stealing the badge and radio from a dc police officer after a crowd beat him unconscious. he buried it in his backyard in buffalo. he will appear in front of a federal judge on tuesday. also we re learning about a memb
important night for president biden. what can we expect? reporter: well, he s been preparing for it for about a week now, according to his aides who say he s been going through the speech line by line not only because he wants to strike that balance that you were talking about earlier, talking about coronavirus fatigue that s happening inside the country while also still talking about those 1,500 deaths still happening every single day. they also say he wants to properly convey what this $1.9 trillion coronavirus relief bill he just signed a few hours ago is actually going to mean for americans. it s this big, massive, complex bill, so they want to make sure he s talking about how it will benefit those lower and middle-income americans that they say he intended to look out for in this bill. of course, wolf, this comes as he signed the bill earlier today, earlier than expected. thank you all. appreciate it. reporter: with that signature, joe biden sealing a defining mome
nearly $2 trillion covid relief plan into law, meaning millions of dollars will flow into bank accounts and the hands of americans. another 12,000 americans filed for first-time unemployment claims, lost their jobs just last week. tonight s prime time speech is a new time for the president. look behind with sorrow, look ahead with hope. we re one year into the start of the new world. sports stopped, offices and schools began closing. the world health organization one year ago today called covid-19 a pandemic. one year. nearly 30 million cases here in the states, 118 million plus globally, soon to be 530,000 american deaths. the president will outline his two-track path to post-pandemic life tonight. a spring surge in the covid vaccine rollout and a surge in economic help to families, small businesses and to schools. but the president s hope does come with a messaging challenge. telling folks if there are ball games or a family picnic coming up, mask up and be extra careful ju