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LIVE: Bloomberg Quicktake Latest News for May 4
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May 4, 2022
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23:24:10Now Playing(May 4) Overturning Roe v. Wade risks widening economic inequality in the U.S., threatening decades of gains for women in places where abortion could be all but banned.
On Tuesday the Supreme Court confirmed that an initial draft overturning the 1973 Roe ruling, leaked to Politico, was authentic although not the final ruling. The draft would strike down the half-century federal precedent that had given women the right to seek an abortion and would allow states to make their own laws and restrictions.
The leak ignited protests across the country and pushed the issue to front of the Democratic Party’s agenda. Vice President Kamala Harris delivered a fiery speech accusing Republicans of attacking women’s rights Tuesday night at a conference by abortion-rights group Emily’s List that was scheduled before the leak.
“How dare they tell a woman what she can do and cannot do with her own body?,” Harris said. “How dare they? How dare they try to stop her from determining her own future?”
Access to abortion is credited with expanding womens’ roles in economies and labor markets around the world. The ability to access safe abortions is what keeps many American women from falling into poverty, according to decades of research.
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