4 • 2K Ratings
🗓️ 18 July 2023
⏱️ 10 minutes
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0:00.0 | Good morning. Welcome to Axios today. It's Monday, July 17th. I'm Margaret Tyler in |
0:09.6 | Furnalla, Boudou. Today on the show, while your sex chromosomes and hormones impact |
0:14.5 | your risk for some diseases and impact how well your medications work. Plus, antitrust |
0:19.8 | regulators set their sights on private equity. But first, inflation is cool, so why is life |
0:25.9 | about to get more expensive for millions of Americans? That's today's one big thing. |
0:33.3 | Several pandemic-era safety net programs are all set to come to an end around the same time |
0:40.5 | this fall. And that's going to mean a major economic squeeze for millions of families |
0:44.8 | who will be paying more suddenly for childcare, student loans, healthcare, and even food. |
0:50.0 | Axios' Caitlin Owens is here to explain. So, Caitlin, what are these programs that are |
0:54.6 | so one that everyone's been talking about, obviously, is the student loan pause. And this |
0:59.9 | was in the news recently, if you remember, because the Supreme Court blocked Joe Biden's |
1:03.8 | plan to forgive student loans for millions of Americans. And so, you know, people who may |
1:08.0 | have otherwise seen some loan forgiveness can't use that as a crutch now. So, there's also |
1:12.5 | pandemic-era funding that goes toward childcare providers. They were stabilization grants that |
1:18.8 | were passed as part of COVID aid packages. And those must be used by the end of September, |
1:24.7 | so then there will be no more federal money for that. You know, there's been some estimates |
1:28.6 | that that is going to put child care providers in a bind where some will close and some will raise |
1:32.6 | tuition. And one estimate has said that three million kids could lose access to child care. |
1:38.0 | I mean, at some point, some people might decide that either they can't find child care and can't |
1:42.6 | work or, you know, that it's just not worth it because they can't afford it. Then there's |
1:47.3 | snap policies that are going back into place, specifically work requirements. The re-implementation |
1:53.0 | of those mean that about half a million people are at risk of losing their food stamps. |
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