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WASHINGTON, D.C. – Since the start of his presidency, President Donald Trump and his administration have talked about getting manufacturing companies to come back to the United States, a process known as reshoring.Now, with unemployment at a historic high, another 1.5 million people filing jobless claims last week and still 19.5 million continued claims or people unemployed, the idea of reshoring is being revisited by Congress.Some on Capitol Hill are proposing reshoring incentives for companies in the next stimulus package.“There are a lot of potential ways that the administration and Congress could come up with tax subsidies and tax breaks for companies that produces here,” said Ed Yardeni, an economist and the president of Yardeni Research.While believes there could be some jobs created by companies reshoring in the U.S., it’s hard to say how many. That’s partly because, many companies that would consider reshoring would also consider using artificial intelligence at their production plants.“Clearly bringing back jobs would be great, but I don’t think we go back to the 70s and 80s, where we had a lot more people employed,” Yardeni added. “I would think that if you are reshoring and bring production back to the U.S., you are going to use state of the art technology to do that, so I’m not sure it is going to be a huge win-win in terms of jobs.”Experts, including Yardeni, believe companies that would most likely consider reshoring would be those in the pharmaceutical and technology sector. Their reason for the move is likely less for job creation and more because of national security concerns.Either way, the way to get more jobs out of reshoring may be by doing more than just incentivizing companies to come back to the U.S.“Maybe what we need is to combine reshoring with really focusing on reeducating a lot of the labor force so that they can manage the robots, build the robots, program the robots, as opposed to doing the job the robots are doing,” said Yardeni. 2004
WASHINGTON (AP) — President Donald Trump has vetoed the annual defense policy bill.Trump followed through on threats to veto the measure that has broad bipartisan support in Congress and it potentially sets up the first override vote of his presidency.The bill would affirm 3% pay raises for U.S. troops and authorize more than 0 billion in military programs and construction.Trump has offered a series of rationales for vetoing the bill, including his calls for lawmakers to include limits on social media companies he claimed are biased against him.The bill, which was approved earlier this month by overwhelming majorities in both legislative chambers, had enough votes to override Trump’s veto. The House approved the bill by a 335-78 margin, while the Senate approved it 84-13.Part of Trump’s grievance with the act was due to Section 230 not being repealed, which is a code that protects websites and social media companies from litigation for materials published by users. Trump has called on the repeal of Section 230.Trump has aired his frustration at major social media organizations such as Twitter for tagging tweets that contain misinformation.“The Act fails even to make any meaningful changes to Section 230 of the Communications Decency Act, despite bipartisan calls for repealing that provision,” Trump alleges in a letter returning the bill to the House. “Section 230 facilitates the spread of foreign disinformation online, which is a serious threat to our national security and election integrity. It must be repealed.”House Speaker Nancy Pelosi said she is in favor of amending the code, but not repealing it entirely. Pelosi said there is bipartisan support for revising the code.“I don’t like 230, I think it needs to be revised,” Pelosi said. “You cannot repeal it or you will destroy protections for small businesses and entrepreneurs.”Sen. Lindsey Graham, R-SC, a close ally of the president's, said that Trump would approve defense spending and the stimulus package if Congress agreed to repeal Section 230. On Tuesday, Trump said he was not supportive of the stimulus bill passed by overwhelming majorities in the House and Senate earlier this week. The bills would have provided 0 direct payments to most Americans. Trump, however, did not outright say he would veto the pandemic stimulus package. "I hope Speaker Pelosi will agree with President Trump that Big Tech needs to be reined in by winding down Section 230 liability protections," Graham tweeted. "I have reason to believe this combination will lead to President Trump supporting the NDAA and COVID19 omnibus bills." 2620
WASHINGTON — In an extraordinary indictment, the U.S. special counsel accused 13 Russians Friday of an elaborate plot to disrupt the 2016 presidential election, charging them with running a huge but hidden social media trolling campaign aimed in part at helping Republican Donald Trump defeat Democrat Hillary Clinton.The federal indictment, brought by special counsel Robert Mueller, represents the most detailed allegations to date of illegal Russian meddling during the campaign that sent Trump to the White House. It also marks the first criminal charges against Russians believed to have secretly worked to influence the outcome.The latest indictment does not focus on the hacking but instead centers on a social media propaganda effort that began in 2014 and continued past the election, with the goal of producing distrust in the American political process. Trump himself has been reluctant to acknowledge the interference and any role that it might have played in propelling him to the White House.RELATED: US Says Russia Behind 'Most Destructive And Costly Cyberattack'The indictment does not allege that any American knowingly participated in Russian meddling, or suggest that Trump campaign associates had more than "unwitting" contact with some of the defendants who posed as Americans during election season. It does lay out a vast and wide-ranging effort to sway political opinion in the United States.In a statement to 10News Congressman Scott Peters said:“Today’s indictments by the Special Counsel confirm that this is no hoax - the Russians interfered, influenced, and tampered with our 2016 election and they are seeking to hurt our democracy. This underscores that Mr. Mueller must be allowed to complete his investigation free from interference and that we must follow the facts wherever they lead us. It’s also another reason for the President must immediately impose the Russian sanctions approved by Congress.” 1963
WASHINGTON (AP) — The captain of a San Diego-based U.S. Navy aircraft carrier facing a growing outbreak of the coronavirus is asking for permission to isolate the bulk of his roughly 5,000 crew members on shore. The extraordinary move would take the warship out of duty in an effort to save lives. The captain of the USS Theodore Roosevelt says the spread of the disease is ongoing and accelerating. He says removing all but 10 percent of the crew is a “necessary risk” in order to stop the spread of the virus. The ship is docked in Guam.The Navy is no longer reporting the number of positive coronavirus cases on its ships. At last report, there were more than 30 COVID-19 cases on the USS Roosevelt.RELATED:Pentagon confirms first service member death linked to COVID-19COVID-19 cases on USS Theodore Roosevelt jump to 23New COVID-19 cases found in city where San Diego-based ship is dockedNavy closes San Diego Training Support Command after third coronavirus case 976
WASHINGTON, D.C. -- The rallying cry of protesters in the wake of the death of George Floyd is quickly becoming "defund the police."THE REFORMSSome departments are taking steps to do just that. Los Angeles' mayor said he wants to cut the police budget by 0 million. New York's governor has signed into law a comprehensive package of reforms, including allowing police disciplinary records to be made public. Minneapolis' city council has committed to dismantling the police department. The Colorado General Assembly is passing legislation allowing officers to be sued. Currently, police are immune from civil lawsuits under what is known as "qualified immunity."All these steps have been praised by many advocates and for obvious reasons, they are tired of deaths like George Floyd's.POLICE CONCERNPolice unions, however, are sounding an alarm. While some reforms are welcomed, like a ban on chokeholds, they say others go too far. "Law enforcement is being crucified," Chief Alfonso Morales of the Milwaukee Police Department recently said. Now, there is a warning that it could lead to early retirements or a drop in recruits. "There are officers in my department talking about wanting to get out of law enforcement early," said Sgt. Rob Pride, a national trustee with the Fraternal Order of Police. Pride is more than just a union representative. Pride met with President Trump at the White House this week. Pride says movements to defund police departments will eliminate programs that most police officers actually like to take part in. "We will be relegated to be a reactive police force at best with no additional programs and no additional interaction other than to enforce the law and arrest people. That's not a profession I want to be a part of," Pride said. Pride also raised a concern about recruitment. The Police Executive Research Forum reported that before the latest protests, 63% of police departments nationwide saw a decrease in applications to become an officer in the last five years. "It's already difficult for us," Pride said. 2065