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Frustrated Senate Republicans re-upped their complaints that Democratic negotiators are taking too hard a line in talks on a sweeping coronavirus relief bill, but an afternoon negotiating session brought at least modest concessions from both sides, even as an agreement appears far off.Top Democrats emerged from a 90-minute meeting Tuesday with Trump administration officials to declare more progress. The Trump team agreed with that assessment and highlighted its offer to extend a moratorium on evictions from federally subsidized housing through the end of the year.“We really went down, issue by issue by issue slogging through this. They made some concessions which we appreciated. We made some concessions that they appreciated,” said Senate Minority Leader Chuck Schumer, D-N.Y. “We’re still far away on a lot of the important issues but we’re continuing to go back.”White House chief of staff Mark Meadows said Tuesday’s session was “probably the most productive meeting we’ve had to date.” Treasury Secretary Steven Mnuchin said the two sides set a goal of reaching an agreement by the end of the week to permit a vote next week.“I would characterize concessions made by Secretary Mnuchin and the administration as being far more substantial than the concessions that had been made by the Democrat negotiators,” Meadows said.House Speaker Nancy Pelosi, D-Calif., issued a pointed reminder that she and Schumer are “legislators with long experience” and a track record of working complicated deals — a rejoinder to critics complaining that they are being too tough and that the talks are taking too long.“We agree that we want to have an agreement,” Pelosi said. “Let’s engineer back from there as to what we have to do to get that done.”Another glimmer of hope emerged as a key Senate Republican telegraphed that the party may yield to Democrats on an increase in the food stamp benefit as part of the huge rescue measure, which promises to far exceed a trillion target set by the GOP.Senate Agriculture Committee Chair Pat Roberts, R-Kan., said Tuesday that “you can make an argument that we need some kind of an increase” in food stamps and that he’s raised the topic with Majority Leader Mitch McConnell. He added that an agreement on that issue could lead to further overall progress on the legislation, which remains stalled despite days of Capitol negotiations.“They are taking a look at it and I think we can get a positive result,” Roberts told The Associated Press. “If we can get a breakthrough on that, it could lead to some other stuff.”The food stamp issue — left out of earlier relief bills — is a top priority for House Speaker Nancy Pelosi, among other powerful Democrats, who have passed a 15% increase in the food stamp benefit as part of their .5 trillion coronavirus relief bill.The overall talks are grinding ahead slowly, though urgency is growing among Senate Republicans, several of whom face tough election races and are eager to deliver a bill before heading home to campaign this month.Sen. John Cornyn, R-Texas, said Monday that the chamber should not go on recess without passing the huge relief measure, and Sen. Lindsey Graham, R-S.C., offered a jobless benefit proposal that’s more generous than a pending GOP alternative. Both are facing closer-than-hoped reelection bids in states that should be easy holds for Republicans.Multiple obstacles remain, including an impasse on extending the 0-per-week pandemic jobless benefit aid to the renters facing eviction. The benefit has helped sustain consumer demand over recent months as the coronavirus has wrought havoc. Pelosi wants to extend it through January at a 0 billion-plus cost, while Republicans are proposing an immediate cut to 0 and then replacing the benefit with a cumbersome system that would attempt to provide 70% of a worker’s “replacement wage.”They are also pressing for funding for the Postal Service. Schumer and Pelosi summoned Postmaster General Louis DeJoy to the Capitol on Wednesday to discuss the agency’s worsening performance and need for emergency funding.“We’ve seen the delay of mail, and we’re very worried about that affect on the election,” Schumer said.On the Senate floor, McConnell, R-Ky., continued to protest that Democrats are taking too tough a line. But he signaled he’s far more flexible now than he was weeks ago.“The American people in the end need help,” McConnell told reporters. “And wherever this thing settles between the president ... and the Democrats is something I am prepared to support even if I have some problems with certain parts of it.″Most members of the Democratic-controlled House have left Washington and won’t return until there is an agreement to vote on, but the GOP-held Senate is trapped in the capital.Areas of agreement already include another round of ,200 direct payments and changes to the Paycheck Protection Program to permit especially hard-hit businesses to obtain another loan under generous forgiveness terms.The House passed a .5 trillion measure in May, but Republicans controlling the Senate have demanded a slower approach, saying it was necessary to take a “pause” before passing additional legislation. Since they announced that strategy, however, coronavirus caseloads have spiked and the economy has absorbed an enormous blow.The Senate GOP draft measure carries a .1 trillion price tag, according to an estimate by the Committee for a Responsible Federal Budget. Republicans have not released any estimates of their own.___Associated Press writer Mary Clare Jalonick contributed to this report. 5603
General Electric was blasted on Wednesday by workers, retirees and shareholders bemoaning the downfall of the company they love.At its annual meeting, GE got an earful from employees and investors who pleaded with management to right the ship after a disastrous year."I believe it was arrogance and a series of bad business decisions," former employee Bill Freeda said. "Our board of directors clearly has been AWOL."Another shareholder said: "GE, which was once one of the preeminent companies in the world — the bluest of blue chips — is now an embarrassment."The past 12 months has been one of the darkest periods in GE's 126-year history. A cash crisis, brought on by years of bad deal-making, forced GE to cut its dividend in half and lay off thousands of workers. GE's stock price has crashed by 50%, and calls to kick it out of the Dow have grown louder.Despite the deep criticism of past and current GE leaders, the company's nominees to the board were all elected on Wednesday. None of the shareholder proposals calling for reform were adopted, though one pushing for splitting the CEO and chairman roles received strong support.John Flannery, a veteran GE executive who replaced longtime chairman and CEO Jeff Immelt last year, said he remains "extremely proud" of the company despite its "immensely disappointing" results."We're keenly aware of the pain that our performance has caused," he said.Flannery urged investors and employees to keep the faith and said results from the start of 2018 offer hope."I want all of you to be proud of the company and not lose heart," he said. "I assure you we will not let up until this job is complete."Former GE workers slammed the company for eliminating their supplemental health insurance plans."We built the company. We put it where it is today," said Ron Flowers, president of the Retiree Association of General Electric."Don't just think financially," Flowers urged the board. "Think morally also."Other retirees lamented GE's billion pension deficit, the largest among S&P 500 companies. They questioned whether the pension fund, whittled by years of low rates and inattention, will be around to support them.Flannery said the pension fund is running a "significant deficit," but he said maintaining its integrity is "a deep priority for us." He noted GE recently announced plans to contribute billion to the fund.Freeda, a GE retiree, slammed Immelt for having a back-up jet fly around the world with him on some trips. (GE has said it stopped that practice in 2014. Immelt told the board last year in a letter that he "did not have time to personally direct" the day-to-day operations of GE's corporate air team. He said use of the spare plane was halted once he became aware of it.)"Shareowners should wonder: Were there other serious business abuses?" Freeda said. He called for an independent investigation into questionable business practices under Immelt and urged GE to consider clawing back the former CEO's bonuses.Flannery said that the GE board would take "appropriate steps" if "evidence of serious misconduct" were to emerge. A spokesperson for Immelt declined to comment.GE shareholders voiced stronger support for a proposal aimed at boosting oversight by splitting the CEO and chairman roles. About 41% of shares were cast in favor of the bid, up from 24% last year.In light of accounting concerns at GE, shareholder support for KPMG as the company's auditor dropped sharply. Just 65% of shares were cast in favor of ratifying KPMG, down from 94% last year. KPMG has been inspecting GE's books for 109 years, leading critics to argue they've become too cozy.Martin Harangozo said he was fired by GE with no severance after raising questions about "bad" accounting."GE transitioned from an honest company to a dishonest company," Harangozo said.Underscoring the challenges facing GE, Moody's lowered its credit outlook on the conglomerate to negative on Wednesday because of the expected costs of a Justice Department investigation into its subprime-mortgages business.Moody's warned it could downgrade GE's credit rating if the company fails to improve cash flow significantly or if revenue keeps shrinking at the beleaguered power division. GE shares dropped nearly 5% on Wednesday, leaving them down 53% over the past year.One retiree pleaded with Flannery to turn around the company — fast."My whole life has been GE," he said. "Give it all you've got. We're with you." 4465

Goodyear tires are seen on President Donald Trump's limousine, nicknamed "the Beast," after his arrival at the White House, Thursday, Aug. 20, 2020, in Washington. Trump returned to the White House by motorcade from Andrews Air Force Base, Md., after a trip to Old Forge, Pa. (AP Photo/Patrick Semansky) 311
Henry Gonzales isn’t afraid to get his hands dirty or clean up his community.He started working on farm fields at 13 and saw firsthand the struggles of migrant farmworkers.“I remember the terror on the face of coworkers back then when immigration would drive, stop by,” he said.Gonzales has since worked his way from farmhand to Agricultural Commissioner of Monterey County the fourth largest agricultural producing county in the country.Producing .4 billion worth of produce in 2019, Gonzales is now looking to protect the area’s products and the 60,000-plus agricultural industry workers.“It’s critically important not just for them but for everybody that eats that produce,” he said.Gonzales’ team recently introduced a hotline for farmworkers and their families to report safety concerns, ranging from COVID-19 to smoke from the nearby wildfires.Staffed by agricultural inspector biologists 24/7, 365 days a year, Gonzales calls this hotline the first of its kind in the country and industry leaders are taking notice.“It causes a lot more appreciation for those hands that are harvesting our crops,” said Norm Groot, executive director of the Monterey County Farm Bureau.He believes this hotline can help improve working conditions and the agricultural industry overall.With Hispanics and Latinos, ethnic groups that make up most farmworkers in the area, accounting for more than 75% of the confirmed COVID-19 cases in Monterey Country, this hotline comes at a time where it’s needed more than ever.“I think it’s critical that we have some sort of avenue that farmworkers can feel that they have a voice,” Groot said.The funding for this hotline comes from the county’s pesticide budget.While callers can remain anonymous, Gonzales understands the hesitations.“Many of them are concerned if they call, they complain that there might be retaliatory measures taken against them,” he said. “So, we do reassure them that there are laws to protect them from retaliation.”From farmhand to government leader, Gonzales has worked his way up in the agricultural industry and hopes this hotline inspires others to take similar actions.“We’ve just increased the standard as it were for everyone in the state, other ag commissioners and other agencies to do the same,” he said.To contact the hotline, call 831-809-2394. 2324
Government watchdogs say President Trump’s Fourth of July gala in the nation’s capital last year cost taxpayers more than million, twice as much as previous celebrations. Each year, the nation's capital hosts Independence Day celebrations; a parade, concert, fireworks and, in 2019, "A Salute to America." Trump’s desire to have Department of Defense military vehicles participate last year helped drive up the cost, according to the Government Accountability Office. The president’s attendance also increased expenses. The report says that some other costs, such as for military flyovers of the National Mall, aren't included in the estimate. Trump’s military-focused Independence Day event went beyond the traditional concert and fireworks of years past. The GAO estimated that holiday celebrations from 2016 to 2018 cost from million to million annually. 875
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