Containing Delta; Breaking Down SALT; A Fast & Furious Box Office

Squawk Pod

CNBC

Investing, Business News, News, Business

4.2 • 543 Ratings

🗓️ 28 June 2021

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Covid-19 Delta variant is now the dominant strain of the virus in the UK, and other countries may not be far behind. Former FDA Commissioner Dr. Scott Gottlieb discusses vaccine efficacy against the strain, in light of data suggesting that the Delta variant is more contagious than other strains. As part of a major economic package proposal, Democrats are considering changes to the state and local tax (SALT) deduction, potentially helping high-tax states like New York, New Jersey, and California. CNBC’s wealth reporter Robert Frank maps out the various options for lifting or repealing SALT. New Jersey Representative Josh Gottheimer presents his stance on SALT, taxes, and retaining his state residents. Plus, the infrastructure deal is still coming together, gas prices are rising, and the box office is finally back. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0	Bring in show music please.
0:04.0	This is Squack Pod. I'm see on
0:07.0	producer Katie Kramer.
0:08.0	Today on our podcast, Delta On the Rise Dr. Scott
0:12.0	O'Leary with a preemptive plan of attack for COVID's new variant.
0:15.6	You're far less likely to be a chain in a link of transmission if you're fully vaccinated.
0:20.3	Now don't get salty. Tax laws in some states are better than others for homeowners
0:26.2	but some in Congress are hoping for a change the garden states Josh
0:30.0	Gotheimer New Jersey and New York and places like that are not gaining people.
0:34.1	We're losing people net net to other states.
0:37.4	Those stories and a lot more.
0:39.2	We're back at the box office finally and we're still in an unappetizing place with infrastructure.
0:45.2	I like paties.
0:46.2	I like eating sausage.
0:47.2	You don't like watching it being made.
0:50.2	It's Monday June 28, 2021.
0:52.8	Squawk Pod begins right now.
0:54.9	Stand Becky by in three, two, one,
0:57.7	cure please.
0:59.4	Good morning, everybody.
1:00.6	Well, welcome to Squawk Box here on CMBC. cnbee ci i'm beky quick along with joe kernan and
1:04.7	Andrew Ross sorcken and we're gonna start this morning with the markets after
	...

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