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

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.