Biden to explain funding of $3 trillion infrastructure plan Wednesday – White House

By Jeff Mason and Steve Holland

WASHINGTON (Reuters) – U.S. President Joe Biden will outline how he would pay for his $3 trillion to $4 trillion plan to tackle America’s infrastructure needs on Wednesday, the White House confirmed on Monday, a proposal likely to include tax increases first laid out on the campaign trail.

Biden will lay out the plan, which is aimed at rebuilding roads and bridges as well as tackling climate change and domestic policy issues like income equality, in Pittsburgh, Pennsylvania.

“The president has a plan to fix the infrastructure of our country … and he has a plan to pay for it,” White House spokeswoman Jen Psaki told reporters.

She did not elaborate, but some economists and analysts say the proposal may include the biggest overall tax increase in decades. While campaigning for president ahead of the November 2020 election, Biden proposed rolling back corporate tax reduction and increasing taxes on the wealthy.

The plan is likely to trigger heated debate among congressional Democrats and Republicans on taxes and spending, just weeks after Biden used narrow Democratic majorities in the Senate and House of Representatives to gain approval of a $1.9 trillion pandemic stimulus bill.

Biden has in the past ruled out raising taxes on individuals making less than $400,000. Other voices in his party have called for a “wealth tax,” and Transportation Secretary Pete Buttigieg last week floated the idea of a tax on miles driven.

Studies show a major injection of spending is needed to rebuild America’s crumbling roads, bridges and airports.

Biden’s legislative effort is expected to be split into two parts, an initial package that deals with traditional transportation projects, and a second that addresses domestic priorities, such as universal pre-kindergarten, national childcare and free community college tuition, White House officials say.

(additional reporting by Jarrett Renshaw; Editing by Chris Reese, Heather Timmons and Sonya Hepinstall)

Women in 40s, 50s who survive COVID more likely to suffer persistent problems: UK studies

By Kate Kelland

LONDON (Reuters) – Women in their 40s and 50s appear more at risk of long-term problems following discharge from hospital after COVID-19, with many suffering months of persistent symptoms such as fatigue, breathlessness and brain fog, two UK studies found on Wednesday.

One study found that five months after leaving hospital, COVID-19 patients who were also middle-aged, white, female, and had other health problems such as diabetes, lung or heart disease, tended to be more likely to report long-COVID symptoms.

“Our study finds that those who have the most severe prolonged symptoms tend to be white women aged approximately 40 to 60 who have at least two long term health conditions,” said Chris Brightling, a professor of respiratory medicine at Leicester University who co-led the study known as PHOSP-COVID.

A second study led by the International Severe Acute Respiratory and emerging Infections Consortium (ISARIC) found that women under 50 had higher odds of worse long-term health outcomes than men and than older study participants, even if they had no underlying health conditions.

“It’s becoming increasingly clear that COVID-19 has profound consequences for those who survive the disease,” said Tom Drake, a clinical research fellow at Edinburgh University who co-led the ISARIC study.

“We found that younger women were most likely to have worse long-term outcomes.”

The ISARIC study, which covered 327 patients, found that women under 50 were twice as likely to report fatigue, seven times more likely to have breathlessness, and also more likely to have problems relating to memory, mobility and communication.

The PHOSP study analyzed 1,077 male and female patients who were discharged from hospitals in Britain between March and November 2020 after having COVID-19.

A majority of patients reported multiple persistent symptoms after 5 months, with common symptoms being muscle and joint pain, fatigue, weakness, breathlessness and brain fog.

More than a quarter had what doctors said were “clinically significant symptoms of anxiety and depression” at five months, and 12% had symptoms of post-traumatic stress disorder (PTSD).

Louise Wain, a professor and respiratory specialist at Leicester University who co-led PHOSP, said differences in male and female immune responses “may explain why post-COVID syndrome seems to be more prevalent” in women.

“We…know that autoimmunity, where the body has an immune response to its own healthy cells and organs, is more common in middle-aged women,” she said, but “further investigation is needed to fully understand” the processes involved.

(Reporting by Kate Kelland; Editing by Bernadette Baum)