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biden aides and allies have been talking up key parts of the plan including prescription drugs, taxes and energy. lowering prescription drug costs is one piece. we can bring down costs burdening households like description drugs. pharmaceutical prices which will help health care and lowering the rate. long overdue tax reform. the parks repeal, not the full repeal, but the partial repeal of the trump tax cuts which would take some demand out of the economy. lowering utility costs by providing tax incensetives. the way in which we can assure reasonable energy expenses for households is to move to renewables to address climate change. freeing up fossil fuels in various ways in the short run, and making, with government support, the ultimate pivot to renewables. joining us now from washington, d.c., cnn white house correspondent john harwood. john, happy monday. good to see you here. it looks like a new coat of paint perhaps on some key elements of build b ....
testify next week and the role the white house supreme court justice plaidyed in overturning the election. the key moment in the fight against coronavirus. the cdc set to vote on recommending vaccines for young children. . good morning, it s saturday, june 18th. we are grateful that you re starting your weekend with us. it s always a pleasure to be with you. good to see you, too, boris. let s talk about the new fears that we re learning about about the u.s. economy and it is headed towards a recession. friday marked the end of a rocky week after the federal reserve announced the largest interest rate hike in decades in an attempt to tame inflation. the dow down, the s&p slightly higher but still the worst week since 2020. we also learned that wages in the united states are climbing at their fastest rate since the mid 1980s, but inflation has climbed up so quickly that workers have been been handed a pay cut. america is in a stronger position than any other n ....
children as young as 6 months. we know the white house says vaccinations could begin as early as next week once given the okay from the cdc and the fda. president biden already pledged to make 10 million vaccine doses available nationwide with the majority of states already preordering shipments since the beginning of the month. yeah. but many health experts are worried that parents of young kids may not take their kids to get those covid shots. the latest polling from the kaiser family foundation show that only 18% of parents of kids under 5 would want to vaccinate their child as soon as a vaccine becomes available. cnn medical analyst says that parents should remember the benefits of vaccinations still outweigh the risks of covid-19. more than 400 children in this age group of under 5 have died tragically during this pandemic. thousands have been hospitalized. it s really distressing for little kids to get sick, so that s what we re trying to do to prevent that ki ....
is going to do a lot more for those children than just allowing them to not be vaccinated and rely on natural antibodies as it were. they are expecting in the next maybe, sounds like they have a lot of questions right now. maybe it s going to be a half hour to an hour before they wrap up. take that vote, and then move that recommendation on to the cdc director who is expected to accept their recommendation and then cities like new york will begin to deliver shots into arms as soon as next wednesday. these are two different vaccines, moderna and pfizer, slightly different regimes for both. the moderna is a two-shot regime, the pfizer is a three-shot regime. they are much smaller doses than those for kids or adults or older kids and adults, and they ve really gone through all of the process of how the vaccines will get from the manufacturers to the various places to put them into arms and they expect that they will start all next week. back to you. miguel marquez, thank ....
hello again, everyone, thank you so much for joining me, i m fredricka whitfield. at any moment, the cdc s vaccine advisers will announce their decision on covid-19 vaccines for children, 6 months to 5 years old. pfizer and moderna are seeking authorization for their vaccines. if approved young children could begin beginning vaccinated as soon as next week. are we hearing anything more about how close they re getting? reporter: they are getting closer. they have been taking questions for an hour, and it sounds like several more questions came up. they were supposed to vote a half hour ago but they re going to take as many questions and time as need be to get through everything. after two and a half years of all of us dealing with covid, this is the last sort of big piece, you know, the last tool in the tool box to get all americans covered by vaccines and hopefully sort of squelch this pandemic to something near an end. several questions that they have been centering ....