Lawmakers are attempting to pass a funding plan in time to avert a government shutdown on Friday. The debt ceiling is expected to be part of that debate, but strategists do not expect it to be resolved at the same time. As for the $1 trillion bipartisan infrastructure bill, House Speaker Nancy Pelosi expects it to be passed this week. However, CNBC’s Ylan Mui says voting may be pushed back from today's promised deadline. There will be a return to “normal life” within a year according to Pfizer CEO and Chairman Albert Bourla, who added that it’s likely annual Covid vaccination shots will be necessary. Former FDA commissioner Dr. Scott Gottlieb discusses what normal life may look like after boosters, vaccines for kids, Covid therapeutic pills, and a drop in Covid-related deaths. A co-founder of media company Ozy allegedly impersonated a top YouTube executive in an investor call with Goldman Sachs, according to a report by The New York Times. NYT also wrote that Ozy has been padding its online traffic stats while raising millions of dollars in funding. Plus, Facebook announced today it’s pausing its work on Instagram for kids, after facing a slew of backlash from users and lawmakers.In this episode:Scott Gottlieb, @ScottGottliebMDYlan Mui, @ylanmuiJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkin

Tennis champion Roger Federer, his agent Tony Godsick, and tennis legend John McEnroe kick off the Laver Cup tournament with the “Squawk Box” team. Federer and Godsick discuss co-founding the tournament, this weekend’s lineup, and the return of live sporting events. John McEnroe reunites with Joe Kernen and Joe Kernen’s hair, and weighs in on the wealth tax debate on Capitol Hill: “I pay more taxes than Jeff Bezos.” The head of the CDC overruled an advisory panel today, approving the distribution of Pfizer’s Covid boosters to a wide array of workers across the U.S. Former FDA Commissioner Dr. Scott Gottlieb discusses vaccine confusion and says the FDA and CDC should be more aligned in their approach. Costco is bringing back purchase limits on household essentials such as toilet paper, bottled water and cleaning supplies due to supply chain challenges. Plus, bitcoin and ethereum are falling after the People’s Bank of China outlawed all crypto-related activities. In this episode:Roger Federer, @rogerfedererTony Godsick, @LaverCupJohn McEnroe, @JohnMcEnroeScott Gottlieb, @ScottGottliebMDJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkin