Start your day here: How a 'billionaire tax' would work; nor'easter slams the Northeast; FDA backs the Pfizer vaccine for kids

A group of men and women, some wearing face masks, stand around a microphone outside of the White House.
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Sen. Ron Wyden (D-OR) speaks to reporters about a corporate minimum tax plan at the U.S. Capitol on Tuesday.

Good morning,

Here's what we're following today:

Billionaire tax: Democrats say their new plan to partially fund a much-discussed spending bill would apply to about 700 people and 200 corporations and could raise hundreds of billions of dollars.

"Snowless" Nor'easter: Day 2 of a lingering storm slams the Northeast with heavy rain, high winds and power outages.

Vaccines for kids 5-11: The Food and Drug Administration says the Pfizer shot is safe and effective for younger children, meaning vaccinations could begin within days.

🎧 Also, on Up First, our daily podcast, why some who were charged in the Capitol riot will act as their own attorneys.

— The Morning Edition live blog team

(Carol Ritchie, Rachel Treisman, Nell Clark, Joe Hernandez and Chris Hopkins)