• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

3

Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

3

Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
PoliticsCOVID-19 vaccines

Biden says U.S. has more vaccine doses because he triggered Defense Production Act

By
Justin Sink
Justin Sink
,
Josh Wingrove
Josh Wingrove
,
Jennifer Epstein
Jennifer Epstein
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Justin Sink
Justin Sink
,
Josh Wingrove
Josh Wingrove
,
Jennifer Epstein
Jennifer Epstein
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
February 17, 2021, 12:26 AM ET

President Joe Biden said that Moderna Inc. and Pfizer Inc. agreed to sell more doses of their coronavirus vaccine to the U.S. faster than planned after he invoked federal law that could force their production.

In a CNN town hall event in Milwaukee on Tuesday, Biden touted his administration’s ramp-up of vaccine shipments while also warning that the pandemic won’t soon end.

“We got them to move up time because we used the National Defense Act to be able to help the manufacturing piece of it, to get more equipment,” he said. He appeared to be referring to the Defense Production Act, a law that allows the government to nationalize commercial production in emergencies.

The government announced last week that the two companies would deliver 300 million doses of each of their vaccines to the U.S. by the end of July, enough to inoculate all American adults.

The town hall event — broadcast in prime-time and the first of his presidency — was an opportunity for Biden to encourage Americans to seek vaccination and press for passage of his $1.9 trillion pandemic relief plan and a $15 minimum wage. He said that people should get a shot when it’s available and they are eligible, regardless of the manufacturer, and predicted that the country would be better off in September, at the beginning of the new school year, than today.

“It’s highly unlikely that by the beginning of next year school, traditional school year in September, we are not significantly better off than we are today,” Biden said. “But it matters — it matters whether you continue to wear that mask, it matters whether you continue to socially distance, it matters whether you wash your hands with hot water. Those things matter.”

He said his administration mischaracterized its own target by publicly promoting a goal of reopening most classrooms for at least one day a week, a benchmark much of the nation has already reached. “That was a mistake in the communication,” he said.

Instead, he said, he hopes to see “a majority” of elementary schools open by the summer, while saying that it will take longer for high schools. He also signaled that teachers should be closer to the front of the line for shots, while adding that it’s up to states to decide.

“We should be vaccinating teachers, we should move them up in the hierarchy,” he told a teacher who asked him why it was safe for schools to reopen when private gatherings are still limited.

Biden lobbied for his coronavirus aid package, which looks likely to pass Congress unilaterally by Democrats under a fast-track process known as budget reconciliation.

“We can’t spend too much — now’s the time we should be spending, now’s the time to go big,” he said. “The vast majority of the serious people say bigger is better now, not spending less.”

Biden was also asked why he’s calling for a $15 minimum wage nationally, even in regions where the cost of living is lower — a provision that has drawn opposition among some Democratic lawmakers.

He said he wants an increase but will impose it “gradually,” without elaborating. “Here’s the deal, it’s about doing it gradually,” he said. “No one should work 40 hours a week and live in poverty.”

He told a Black woman identified as a health-care worker that closing racial disparities in vaccination is also a priority and that he understood reticence to be inoculated in minority communities because “there is some history of Blacks being used as guinea pigs.”

The president reassured a young girl that she was unlikely to contract the virus herself. “You’re the safest group of people in the whole world,” he said. “I wouldn’t worry about it, baby. I promise you.”

The White House announced earlier Tuesday that vaccine shipments to states would rise next week to 13.5 million, from 11 million, while shipments going to pharmacies would double to two million next week. However, White House officials warned governors during a call on Tuesday that bad weather could slow deliveries over the next few days.

About the Authors
By Justin Sink
See full bioRight Arrow Button Icon
By Josh Wingrove
See full bioRight Arrow Button Icon
By Jennifer Epstein
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

t
PoliticsWhite House
Trump was supposed to talk about the economy. Instead he asked why toiletries are locked up in pharmacies
By Nick Lichtenberg, Seung Min Kim, Darlene Superville and The Associated PressMay 23, 2026
49 seconds ago
trump
North AmericaWhite House
4 ways Trump is following the Venezuela playbook with Cuba, and one where he isn’t
By Ben Finley, Matthew Lee, Farnoush Amiri, Konstantin Toropin and The Associated PressMay 23, 2026
6 minutes ago
w
BankingFederal Reserve
Trump on new Fed Chair Kevin Warsh: ‘Do your own thing’ but don’t lose your way like Jerome Powell did
By Will Weissert, Michelle L. Price and The Associated PressMay 23, 2026
11 minutes ago
rabb
PoliticsElections
How a ‘proud troublemaker’ Democratic socialist beat the system in Philadelphia by 15 points
By Marc Levy and The Associated PressMay 23, 2026
15 minutes ago
Trump to force foreigners to apply for a green card abroad—but those who provide ‘economic benefit’ or serve ‘national interest’ may be able to stay
PoliticsImmigration
Trump to force foreigners to apply for a green card abroad—but those who provide ‘economic benefit’ or serve ‘national interest’ may be able to stay
By Rebecca Santana, Gisela Salomon and The Associated PressMay 23, 2026
48 minutes ago
Trump AI and crpto czar David Sacks sits next to Meta CEO Mark Zuckerberg at a dinner table in the White House as Zuckerberg turns to Sacks and says something.
AIAmerican Politics
Tech billionaires convinced Trump to back off an AI executive order. But much of MAGA favors AI regulation
By Jeremy KahnMay 22, 2026
18 hours ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
2 days ago
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
Success
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
By Emma BurleighMay 22, 2026
23 hours ago
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
AI
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
By Jake AngeloMay 22, 2026
22 hours ago
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
Success
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
By Preston ForeMay 20, 2026
3 days ago
Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
Success
Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
By Preston ForeMay 22, 2026
1 day ago
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
4 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.