Name: Biden: We have the tools to rescue U.S. economy
Uploaded: 2021-02-05T11:33:00-0500
Duration: 738839
Description: President Biden delivers remarks on the state of the economy and the need for the American Rescue Plan.

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President Biden delivers remarks on the state of the economy and the need for the American Rescue Plan. 

you're Janet Yellen, and I want to talk today about our plan. And the January job numbers came out today. And while we're grateful for everyone who found work and is earning a paycheck, it's very clear our economy is still in trouble. We added just 6000 private sector jobs in the country last month. Overall, we added 49,000 jobs, and this at a time when we have more than 10 million people out of work. Four million people have been out of work for six months or longer, and 2.5 million women have been driven from the workforce. 15 million Americans are behind in the rental payments. 24 million adults on 12 million Children literally don't have enough food to eat. These aren't Democrats or Republicans. They're Americans and their suffering, their suffering, not because of anything they did through no fault of their own. Their suffering once in a century virus has decimated our economy, and it's still wreaking havoc on our economy today, and so much of it is still about the virus. We're still the teeth of this pandemic. In fact, January was the single deadliest month of the whole pandemic. We lost nearly 100,000 lives. I know some in Congress think we've already done enough to deal with the crisis in the country. Others think that things are getting better and we can afford to sit back. Neither do little or do nothing at all. That's not what I see. I see enormous pain in this country, a lot of folks out of work. A lot of folks going hungry, staring at the ceiling tonight, wondering, what am I gonna do tomorrow? A lot of folks trying to figure out how to keep their jobs and take care of their Children. A lot of folks reaching the breaking point. Suicides air up, Mental health needs are increasing. Violence against women and Children is increasing. A lot of folks are losing hope on, I believe the American people looking right now to their government for help to do our job, to not let them down. So I'm going to act. I'm going to act fast. I'd like to be, uh, I'd like to be doing it with the support of Republicans. I've met with Republicans or some really fine people want to get something done, but they're just not willing to go a Sfar as I think we have to go. I've told both Republicans and Democrats that's my preference toe work together. But if I have to choose between getting help right now to Americans who are hurting so badly and getting dry, bogged down in a lengthy negotiation or compromising on the bill, that's that's up to the crisis. That's an easy choice. I'm going to help. The American people are hurting now. That's why I'm so grateful to the House and the Senate for moving so fast on the American rescue plan. Here's what's in that plan. First, it puts $160 billion and our national covert 19 strategy, which includes more money for manufacturing, distribution and setting up a vaccine sites everything that's needed to get the vaccines into people's arms. There's simply nothing more important then I was getting. The resource is we need to vaccinate the people in this country as soon as quickly as possible. So job number one of the American Rescue plan is vaccines vaccines. The second the American rescue plan is going toe. Keep the commitment of $2000. 600 has already gone out $1400 checks to people who need it. This is money directly in people's pockets they needed. We need to target that money so folks making $300,000 don't get any windfall. But if you're too, if you're to, uh, if your family it's a to wage earner, each of the parents one making 30 grand, one making 40 or 50 Maybe that's a little more than well, yeah, they need the money and they're going to get it. And here's what I won't do. I'm not cutting the size of the checks. They're going to be $1400 period. That's what the American people were promised very quickly. Here's the rest of my plan. It has money for food and nutrition so that folks don't go hungry. I think our Republican friends are going to support that. It extends unemployment insurance, which is going to run out on March 13th of this year to the end of September of this year. Because they're still gonna be We're still gonna have high unemployment. It helps small businesses, thousands of whom have you had to go out of business. It has money to help folks pay their health insurance. It has rental assistance to keep people in their homes rather be thrown out on the street. It's got money to help us open our school safely. There's money for child care for paid leave. It gets needed. Resource is a state and local governments to prevent layoffs of a central personnel. Firefighters, nurses, folks, aer schoolteachers, sanitation workers. It raises the minimum wage. It's big and his bold, and it's a really answer to the crisis we're in. That's one more thing, and I want to say it very clearly on this. Be very clear on this point, is better economics and not only addresses the immediate crisis we're in. It's better for the long term economic health of our nation and our competitiveness. My plan creates more jobs, creates more economic growth and does more to make us competitive with the rest of the world than any other plan. Don't take my word for it. Just look at what leading economists across the nation have said. And in the world and across the across the ocean have said Wall Street investment firm and Moody says if we passed the American rescue plan and will lead to four million more jobs than otherwise would be created. The nonpartisan Brooking institution has looked at the rescue American rescue plan and said the GDP, the of we will reach pre pandemic projections by 2021 meaning will have recovered by on 2021 much sooner, by the way, than if we do nothing. Look. Just this week, the Congressional Budget Office projected that if we don't take action, it would take until the year 2025 to return to full employment. There's also a growing chorus of top economist right center left that say we should be less focused on the deficit and more focused on the investments we make and can make now in jobs keeping families out of poverty, preventing long term economic damage to our nation. The simple truth is, if we make these investments now, with interest rates at historic lows will generate more growth, higher incomes, a stronger economy on our nation's finances will be in a stronger position as well, and the payoff won't just being jobs. But in our global competitiveness is well because we'll be regaining our economic strength faster. So the way I see it, the biggest risk is not going to big. If we go, it's if we go too small. We've been here before. When this nation hit the great recession that Barack and I inherited in 2000 and nine, I was asked to lead the effort on the Economic Recovery Act to get it passed. It was a big recovery package, roughly $800 billion. I did everything I could to get it passed, including getting three Republicans to change their votes and vote for it. But it wasn't enough. It wasn't quite big enough. It stemmed the crisis, but the recovery could have been faster and even bigger. Today. We need an answer that meets the challenge of this crisis, not one that falls short. And that's the issue facing the country right now. What Republicans have proposed is either to do nothing or not enough. All of a sudden, many have rediscovered fiscal restraint and the concern for the deficits. But don't kid yourself. This approach will come with a cost more pain for more people for longer than has to be. Secretary Yellen talks about the scarring effect that comes a prolonged economic pain. We see that scarring effect and economic data. But more important, we can see it in the lives of people living with long term unemployment, living in hunger, at which end over how to keep their jobs, take care of their kids. And then she talks about the need to alleviate long term suffering in the economy. We could do that. We don't have to wait until 2025 to get back to full employment, which would be the case if we don't do this again. Independent analysis from places like Moody's on Wall Street, Brookings Institution The American rescue plan could achieve that by the beginning full employment by the beginning of next year. So, to me, this is This is what this moment comes down. Are we going to pass a big enough package to vaccinate people to get people back to work, to alleviate the suffering in this country? This year? That's what I want to do. Or are we going to say the millions of Americans are out of work, many of whom have been out of work for six months or longer, who've been scarred by this economic and public health crisis? Don't worry. Hang on. Things were going to get better. We're gonna go smaller, so she's gonna take us a lot longer, like until 2025. That's the Republican answer. Right now, I can't in good conscience do that. Too many people in nation have already suffered for too long through this pandemic and economic crisis and telling them we don't have the money to alleviate their suffering to get the full employment sooner. To vaccinate America after $8 trillion in deficit spending over the past four years, much of it having gone to the wealthiest people in the country neither true nor necessary, we do have the resource is to get the full employment sooner. We do have the tools to reduce a lot of suffering in this country. We just have to choose to use them. So it's time to act. We could reduce suffering in this country. We could put people back to work. We can control, gain, control this virus. That's what the American rescue plan does, and that's what I'm determined to dio. And that's what I hope we're gonna be able to do in the near term. So make God bless you all. May God protect our troops and I truly believe really? Help us on the way. Thank you all so very much. Thank you, Mr President. How could you? Better targets? Who gets the $1400 check? Okay. Okay. Are you graduating? Okay, people.

Biden: We have the tools to rescue U.S. economy

Biden: American economy needs rescue

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<p>Hi, everyone. Meteorologist Anthony Baglione here on this Friday where we're still looking at some relatively warm temperatures into this afternoon. 83 is where we should hit for a high temperature. Nice and quiet for us until we get later on into late this afternoon into this evening where we're gonna watch the potential for some showers and storms coming through. Not a ton of activity for us as we head later on into tonight. There's a look at rain chances though. They go up to about 50% as we head into that evening time frame. So if you have any plans tonight, if you want to go out and get a Friday evening dinner or something like that, it might be a good idea to a, get the indoor table and then b bring along the reindeer just in case tonight. Here's a look at Future cast. So we time this out looking pretty quiet here the next couple of hours that band back to our west, it should start to weaken as it gets closer to us. It may try and restrengthen them as we get into. Like there's four o'clock you can see on Futurecast 56 o'clock or so, some of those storms could be on the stronger side and then it pushes out of here as we get later on into tonight and then we see maybe a stray shower potential still outline for tomorrow morning. Here's a look at our severe potential today. Level one out of five for most of the viewing area. What this is saying is there could be some isolated pockets where we get some stronger storms. It looks like the best chances for that would be west of us. But gusty winds would be our primary threat as we get into this evening. 78 is where we go for our Saturday. A huge temperature swing there into Sunday at 59 scattered showers are gonna be likely though, especially Sunday afternoon into Sunday evening, they do start to taper off though late Sunday night. So for the Tar Heel 10 miler, that's tomorrow morning, we are proud partners of that. We're going to see temperatures in the sixties for the majority of the forecast there. A stray showers possible, but most of the morning is looking just fine for that event. Tomorrow. We head over the next seven. We go from 83 today all the way down to 59 on Sunday. A rebound of 66 on Monday and then a nice week next week attempts in the seventies, even a few upper sixties there Thursday looking pretty quiet after we get some rainfall there to close out our weekend.</p>

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Good afternoon. I'm Me Global. Welcome to this news drawings for Friday, April 19th, 2024. Let's get started with Carolina pick three. The first number is five. The second is seven. The third is eight and our pick three. Fire all number is five. Joining me for this afternoon drawing is our A for a con and JL LP. Now move on to Carolina pick for the first four. Number is eight. The second is eight. The third is six. The fourth is two and our pick four. Fireball number is six. The North Carolina Education lottery has contributed over $10 billion to education. Thanks for your support and thanks for playing.

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Good evening. I'm Gayle Hurd. Welcome to tonight's joins for Thursday, April 18th, 2024. Well, let's get started tonight with our Carolina pick three. Our first winning number is a three. Our second number is three also and our third number tonight is two and our pick three. Fireball number is one. Joining me for tonight's drawing is our auditor from mcconal and Jones L LP. Now let's move to the Carolina pick four. Good luck. Everyone is that first winning pick four number. It's a seven. Our second number is six. Third number tonight is seven again and our fourth number is two and our pick for a fireball number is an eight. We're turning now to the Carolina cash five. If no one was the top prize tonight. Tomorrow, our prize is estimated at $235,000. Good luck. Everyone. Who's that first winning cash five number. It's 22. Second number is five third number tonight is it 25. Our fourth number is 10 and the final number in our cash drive this evening is 21. The North Carolina education lottery has contributed over $10 billion to education Thanks to your support. Get your winning numbers right here every night in your exclusive station for the North Carolina Education lottery. Thanks for playing. Have a great night.

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After 22 years in business, Armadillo Grill on Glenwood Avenue in Raleigh has closed.



WE HAVE MORE RAIN IN THE FORECAST FOR THE WEEKEND. I'LL SHOW YOU COMING UP. THE LIST OF DOWNTOWN RALEIGH BUSINESSES SHUTTING THEIR DOORS IS ARMADILLO GRILL IS THE LATEST TO CLOSE FOR GOOD. >> WRAL'S SEAN GALLAGHER IS IN DOWNTOWN RALEIGH TO FIND OUT WITH THIS MEANS FOR THE GLENN WOOD, SOUTH AREA. SEAN, THIS WAS A SURPRISE TO A LOT OF FOLKS. >> YEAH, THIS WAS VERY ABRUPT SO ABRUPT THAT WE'VE SEEN A HANDFUL OF PEOPLE COMING UP HERE TRYING TO GET LUNCH ON THIS THURSDAY AFTERNOON AND THEY'RE MET WITH THIS SIGN ON THE DOOR, LETTING THEM KNOW THAT THEY ARE SHUT DOWN FOR GOOD, EFFECTIVE IMMEDIATELY AT THIS LOCATION. NOW, THIS TEX MEX RESTAURANT CALL THE CORNER OF GLENWOOD AVENUE AND TUCKER STREET HOME FOR THE LAST. 22 YEARS. IN A FACEBOOK POST, THE OWNERS SAY CHANGES IN THE RESTAURANT INDUSTRY AND RISING COSTS ARE WHY THEY'RE SHUTTING DOWN THIS LOCATION. IT'S THE LATEST IN A STRING OF STAPLE BUSINESSES RALLY, CLOSING CLOUDS BREWING, SHUT DOWN ITS RALEIGH TAVERN ON WEST STREET EARLIER THIS MONTH IN THE CAPITAL CLUB. 16 IS SHUTTING DOWN AT THE END OF THIS MONTH. OUR BELOVED REAL SAID THEY WILL LOOK FOR ANOTHER LOCATION TO SERVE THE RALEIGH COMMUNITY. BUT FOR SHARE MCCRACKEN OF GARDEN SCAPE DESIGNER FOR BUSINESSES AROUND THIS AREA. THIS IS JUST A SIGN OF THE EVOLUTION OF THE NEIGHBORHOOD. >> IT'S ELEVATING RIGHT NOW. PEOPLE THAT ARE NOT ABLE TO KIND OF ROLL WITH IT. NATURALLY COMING TO AN END AND MAYBE THERE WILL BE ANOTHER SPOT THAT'S PERFECT FOR THEM. BUT YOU CAN DEFINITELY FEEL THAT THERE IS A CHANGE GOING ON ON THE STREETS OF DOWNTOWN RALEIGH. >> AN ARMADILLO GRILL WILL ARE STILL OFFER THEIR CATERING SERVICES HERE AND THEY WILL STILL OPERATE THEIR FLAGSHIP LOCATION IN CARRBORO. BUT RENEE, THAT'S ABOUT 40 MINUTES AWAY RIGHT NEAR UNC CAMPUS. >> WHILE CUSTOMERS WILL HAVE TO DRIVE A LOT FARTHER AND WE WILL SEE WHAT ENDS UP TAKING ITS PLACE. THERE ON GLENWOOD

Glenwood South staple Armadillo Grill closes

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Is powerball. Good evening, everyone. I'm Randy Trainer. Tonight. We have our life changing jackpot. It's estimated to be $80.7 million to get your tickets ready. Here. Come, tonight's winning numbers. Let's start things off this evening with the number 24. Right after that America. We have the number 54 and congratulations to Lisa Hayes from Illinois. She won $2 million playing powerball. All right, the rest of your winning number is 4447. And let's round it out tonight with the number 29 and tonight's win powerball number that's gonna be two and your power play multiplier is two. Let's take a look at tonight's winning numbers. Remember there are multiple ways to win. Good luck, everyone. We'll see you back here on Saturday night. It's time to play America's favorite.

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Biden: We have the tools to rescue U.S. economy

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