Marketplace
Marketplace
Jan 15, 2021
Biden’s $1.9 trillion plan for the economy
Play • 26 min

We’re pretty much at the tipping point between the Trump and Biden economies. President-elect Joe Biden, set to officially take office Wednesday of next week, released his “American Rescue Plan” Thursday night. The $1.9 trillion proposal calls for ramped-up COVID-19 vaccine distribution and aid for Americans still struggling during the pandemic-caused recession. On today’s show: how the plan could impact the economic recovery. Plus, big banks are doing well and a conversation with outgoing FCC Chairman Ajit Pai.

The Daily
The Daily
The New York Times
Fate, Domestic Terrorism and the Nomination of Merrick Garland
Five years ago, Judge Merrick B. Garland became a high-profile casualty of Washington’s political dysfunction. President Barack Obama selected him to fill the Supreme Court vacancy created by the death of Justice Antonin Scalia, but Senate Republicans blocked his nomination. In the process, Mr. Garland became known for the job he didn’t get. Now, after being nominated by the Biden administration to become the next attorney general, Mr. Garland is finding professional qualifications under scrutiny once again. In light of the attack on the Capitol, we explore how his career leading investigations into domestic terrorism prepared him for his Senate confirmation hearing. Guest: Mark Leibovich, the chief national correspondent for The New York Times Magazine, who spoke with Judge Merrick B. Garland. Sign up here to get The Daily in your inbox each morning. And for an exclusive look at how the biggest stories on our show come together, subscribe to our newsletter. Background reading: * In his confirmation hearing this week, Mr. Garland said the United States now faced “a more dangerous period” from domestic extremists than at the time of the 1995 Oklahoma City bombing. * Here’s why Mr. Garland described his experience leading the Justice Department’s investigation into the 1995 bombing as “the most important thing I have ever done in my life.” For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
26 min
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