Many American families looking to buy a home are being outbid by investors with deep pockets. The latest Home Price Index Report shows that house prices have increased at a yearly pace of more than 13 percent. Karan Kaul, a senior research associate for the Urban Institute’s Housing Policy Finance Center, joined CBSN’s Lana Zak to discuss. Source
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“Three-martini lunch” tax break should be axed, lawmakers say
Revoking a controversial business tax break would free up $5 billion for child care, according to the bipartisan effort. Source
Flying over Memorial Day? Expect long lines at airports
Volume of passengers traveling through U.S. airports daily is expected to top 2 million for first time since March 2020. Source
Lawmakers call for ambassador to protect Afghan women
U.S. forces face a deadline to withdraw by September 11, 2021. Source
Rich Little, once a staple on network TV, says he misses the medium
Preview: The 82-year-old comic impressionist, whose face and hundreds of voices were long familiar to audiences, believes age may be behind his absence from broadcast TV over the past 30 years. Source
U.S. coronavirus vaccinations speed up as cases plummet from winter peak
The U.S. has vaccinated 40% of its population against the coronavirus. As Meg Oliver reports, the major strides in the nation’s recovery come just in time for a holiday weekend. Dr. Taison Bell, a critical care and infectious disease physician and the medical ICU director at the University of Virginia, joins CBSN’s Lana Zak to discuss the latest. Source
A look at how weather will affect Memorial Day weekend
CBS News meteorologist and climate specialist Jeff Berardelli joins “CBS This Morning” with a look at the weather over the holiday weekend. Source
Germany admits to committing genocide as colonial power in Namibia
In addition to accepting the atrocities committed a century ago were genocide, Germany will also spend about $1.3 billion in the country on “reconstruction and development.” Source
CDC predicts continued drop in COVID-19 cases, hospitalizations and deaths
The CDC is predicting that the number of coronavirus cases, hospitalizations and deaths will continue to drop in the next four weeks. Ten states say they have already reached President Biden’s goal of having 70% of adults with at least one dose of the vaccine by July 4. Dr. Bob Lahita, director of the Institute for Autoimmune and Rhuematic Diseases at St. Joseph Health, joined CBSN to discuss the CDC’s outlook. Source
Kennedy Center honoree Debbie Allen reflects on decades-long career
Debbie Allen has spent decades as a champion of the arts around the globe, amassing 18 Emmy nominations, including three wins over the years. “CBS This Morning: Saturday” co-host Michelle Miller spoke to Allen about how the early obstacles she faced, including a rejection from dancing school, helped to shape her groundbreaking career. Source