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WASHINGTON (AP) — The Trump administration has announced that it will release nearly billion in aid to Puerto Rico to help the island rebuild its electrical grid and repair schools from the devastation of Hurricane Maria three years earlier. In a statement, White House press secretary Kayleigh McEnany said .6 billion would be included for those projects. "Federal funding of .6 billion will allow the Puerto Rico Electrical Power Authority to repair and replace thousands of miles of transmission and distribution lines, electrical substations, power generation systems, office buildings, and make other grid improvements," McEnany said in the statement. "The billion grant for the Puerto Rico Department of Education will focus on restoring school buildings and educational facilities across the island."The announcement comes amid criticism that the assistance was overdue and being released now only for political purposes. The grant comes as President Donald Trump, who has balked at providing assistance to the island territory, and former Vice President Joe Biden court voters in Florida, which is home to a large population of people from Puerto Rico.In a press briefing on Friday, President Trump added that the aid package wasn't the only exciting thing happening in Puerto Rico - it was their pharmaceutical industry."We have spoken to various companies, and they are willing to go there," Trump said. "They want to have a little bit of help, but they are willing to go to Puerto Rico and Puerto Rico is going to be very exciting, let's going to happen. They were on the verge of doing it, and they took away all the incentives. I don't know how they allowed that to happen. It was very bad for Puerto Rico and the people of Puerto Rico. That was done by Democrats, and a Republican is bringing it back."Trump added that Democratic presidential nominee Joe Biden "devastated" the country when he voted to eliminate a critical tax provision in 1996.A year ago, Trump stated in a tweet that Puerto Rico was one of the "most corrupt places on earth," but on Friday, he said it wasn't anymore because he's the best thing that's ever happened to Puerto Rico."I have to say in a very nice way, in a very respectful way, I'm the best thing that ever happened to Puerto Rico," Trump said. "Nobody even close. As a result, the island's economy under the previously mentioned names [Biden and former President Barack Obama], it just absolutely cratered. Biden's vote left the United States at the mercy of foreign suppliers, putting our national security and health at risk."Florida is a critical swing state in the Nov. 3 election. 2654
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March but a figure that remains historically high and indicates the viral pandemic is still forcing many employers to cut jobs.Unemployment Insurance Weekly ClaimsInitial claims were 751,000 for the week ending 10/24 (-40,000).Insured unemployment was 7,756,000 for the week ending 10/17 (-709,000).https://t.co/ys7Eg5LKAW— US Labor Department (@USDOL) October 29, 2020 Rising confirmed virus cases in nearly every state, along with a cutoff in federal aid, are threatening to weaken the economy in the coming months.As temperatures fall, restaurants and bars will likely serve fewer customers outdoors. And many consumers may increasingly stay home to avoid infection.Those trends could force employers to slash more jobs during the winter.Though many are still unemployed, the U.S. economy has shown signs of recovery, growing at a 33.1% annual rate in the July-September quarter, the Bureau of Economic Analysis announced Thursday. That’s the largest quarterly gain on record, The Associated Press reports.The growth comes after the historic economic plunge brought on by the pandemic in the spring, when businesses had to close and lay off workers.The Washington Post reports that the U.S. economy has recovered about two thirds of the ground it lost during the first half of the year. Though, The Post says these numbers don’t mean the economy has entirely healed or that the pace of the recovery will continue into the final quarter, especially because of the recent surge in COVID-19 cases across the nation. 1639
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin says Republicans are set to roll out the next COVID-19 aid package on Monday. Mnuchin assures that the fine-tuned proposal has the support of President Donald Trump. The Treasury Secretary and the White House's acting chief of staff, Mark Meadows, met Saturday on Capitol Hill to salvage the trillion proposal that was abruptly pulled back just days ago. Mnuchin told reporters at the Capitol that extending an expiring unemployment benefit — but reducing it substantially — is a top priority for Trump. Mnuchin’s optimistic assessment comes before Democrats weigh in publicly on the updated proposal, which remains only a starting point in negotiations. 717
We are concerned that proposed changes to the Endangered Species Act would further weaken current protections for the San Bernardino kangaroo rat, as well as many other species that are critical to ecosystem health, such as the California condor.— San Diego Zoo (@sandiegozoo) August 15, 2019 306
WASHINGTON (AP) — The U.S. has given the final go-ahead to the nation's first COVID-19 vaccine, launching emergency vaccinations in a bid to end the pandemic. Shots will begin in a few days after Friday's decision by the Food and Drug Administration. The FDA called the vaccine from Pfizer and its German partner BioNTech safe and strongly protective. After the FDA approved the vaccine, President Donald Trump thanked the FDA and praised both Pfizer and Moderna in a video posted to his Twitter account. 512