Each day that goes by without a COVID-19 stimulus agreement is another day of worry for many in America's middle class, which was already shrinking before the pandemic began.

Axios Re:Cap digs into middle class myths and realities with Jim Tankersley, a New York Times economics reporter and author of the new book, "The Riches of This Land."

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Aug 10, 2020 - Podcasts

Stimulus gridlock

August recess was supposed to start for Congress this week, but stimulus negotiations fell apart last week — prompting President Trump to circumvent Congress and attempt to extend programs put in place by the CARES Act via executive action. Now, it’s unclear if Congress is still negotiating, let alone if they’re any closer to a compromise.

Axios Re:Cap dives into what happens next — for Trump's executive actions and for congressional negotiations — with Washington Post White House economics reporter Jeff Stein.

California to independently review FDA-approved coronavirus vaccines

California Gov. Gavin Newsom. Photo: Justin Sullivan/Getty Images

California will "independently review" all coronavirus vaccines approved by the Food and Drug Administration before allowing their distribution, Gov. Gavin Newsom (D) announced at a news conference Monday.

Why it matters: The move that comes days after NAID director Anthony Fauci said he had "strong confidence" in FDA-approved vaccines could cast further public doubt that the federal government could release a vaccine based on political motives, rather than safety and efficacy.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Politics: Trump says if Biden's elected, "he'll listen to the scientists"Trump calls Fauci a "disaster" on campaign call.
  2. Health: Coronavirus hospitalizations are on the rise — 8 states set single-day coronavirus case records last week.
  3. States: Wisconsin judge reimposes capacity limit on indoor venues.
  4. Media: Trump attacks CNN as "dumb b*stards" for continuing to cover pandemic.
  5. Business: Consumer confidence surveys show Americans are getting nervousHow China's economy bounced back from coronavirus.
  6. Sports: We've entered the era of limited fan attendance.
  7. Education: Why education technology can’t save remote learning.