Name: Is Biden right about small business loans?
Uploaded: 2020-05-28T17:54:41-0400
Duration: 136997
Description: Democratic Presidential candidate Joe Biden says that 40% of funds meant for small businesses didn't actually go to small businesses.

Shortages of teachers, infrastructure and technology workers will hamper schools' ability to provide the best education, facilities and tools to children, Superintendent Robert Taylor said Thursday.

Higher employee pay will be key to running Wake schools smoothly, superintendent says

Wake County Public School System Superintendent Robert Taylor speaks to the League fo Women Voters of Wake County, April 18, 2024

More than 21% of North Carolina's four-year-olds enrolled in the state's pre-kindergarten programs during the 2022-2023 school year, up from the prior year but still below the state's pre-pandemic highs, according to the National Institute for Early Education Research.

North Carolina ranks 29th in public pre-K enrollment, new report shows

Durham County budget increases funding for pre-K students

Democratic Presidential candidate Joe Biden says that 40% of funds meant for small businesses didn't actually go to small businesses.

THERE HAS BEEN NO COMMUNICATION FROM THEIR MANAGER ABOUT USING VACATION TIME. >>> DEMOCRATIC PRESIDENTIAL CANDIDATE JOE BIDEN IS TRYING TO CAP THE UPCOMING ELECTION AS A CHOICE THAT SUPPORTS SMALL BUSINESSES AND A TRUMP ADMINISTRATION THAT HE SAYS SIGNS WITH BIG CORPORATIONS BUT PolitiFactS CALKS TALKS ABOUT ONE OF THE CLAIMS IN THE RELIEF PACKAGE. DAVID HAS MORE. >> Reporter: JOE BIDEN SAYS THE FEDERAL GOVERNMENT BAILOUT OF SMALL BUSINESSES IS NOT WORKING AND PUT IT THIS WAY IN A RECENT INTERVIEW. >> THE WARNING SIGNS ARE FLASHY. 40% OF THE INITIAL SMALL BUSINESS FUNDS DIDN'T GO TO SMALL BUSINESSES AT ALL, PERIOD. >> IS IT TRUE? 40% OF THE FIRST SMALL BUSINESS BAILOUTS DID NOT GO TO SMALL BUSINESSES AT ALL? IT'S NOT THAT SIMPLE. WE BEGIN WITH THE MEASUREMENT THAT COULD BE SURPRISING ACCORDING TO THE FEDERAL GOVERNMENT, ANY BUSINESS WITH FEWER THAN 500 WORKERS ACTUALLY COUNTS AS A SMALL BUSINESS. THAT'S THE THRESHOLD FOR THE GOVERNMENT'S PAYCHECK PROTECTION PROGRAM, WHICH IS WHAT BIDEN IS TALKING ABOUT HERE. IN FACT, THE ONLY COMPANIES WITH FEWER THAN 500 WORKERS WERE SUPPOSED TO QUALIFY. BIDEN BASED HIS CLAIM ON THE FACT THAT ABOUT 36% OF FUNDS LOANED OUT IN THIS PROGRAM OF $1 MILLION OR MORE. YOU CAN SEE THAT CONTRIBUTION IN THIS CHART. THOSE ARE THE BIG LOANS. SO THERE IS AN ELEMENT OF TRUTH TO BIDEN'S CLAIM, HOWEVER PolitiFact FOUND BIDEN IS TRYING TO HAVE HIS CAKE AND EAT IT TOO AND GAVE A STAT ONLY HE, TOO IS USING THE 500 EMPLOYEE CUT OFF TO DEFINE A SMALL BUSINESS. IF YOU'RE GOING TO USE THAT 500 NUMBER, THEN YOU SHOULDN'T TURNAROUND AND SAY SOME LOANS WENT TO BIG BUSINESSES. IN FACT, THE FEDERAL SMALL BUSINESS ADMINISTRATION HASN'T RELEASED ANY DATA ON THE SIZE OF COMPANIES RECEIVING FUNDING. THE FORMER VICE PRESIDENT PLAYED IT TOO FAST AND LOOSE, SO THE TRUTH

Paul Specht

Is Biden right about small business loans?

WRAL-TV News Broadcasts: Watch each newscast live or watch the most recent newscast on demand.

WRAL Late News 

Get the latest WRAL WeatherCenter Forecast whenever you need it, including the DUALDoppler5000 and the 7-Day Forecast.

<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>

WRAL WeatherCenter Forecast

Nightly N.C. Education Lottery drawings during the 11 p.m. News.

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.

Evening Pick 3 Pick 4 and Cash 5

Daytime Pick 3 and Pick 4 drawings are held at 3 p.m. daily. They can be seen as live or on-demand video.

Good afternoon. I'm back. Global. Welcome to this news drawings for Thursday, April 18th, 2024. Let's get started with Carolina pick three. The first pick three numbers zero. The second is one, the third is six that are pick three. Fireball number is one. Joining me for this afternoon's drawing is our auditor for a con and Jones L LP. Now move on to Carolina pick for the first four. Number is three. The second is for the third is 54, is seven in our pick four. Fireball number is nine. The North Carolina education lottery has contributed over $10 billion to education. Thanks for your support and thanks for playing.

Daytime Pick 3 and Pick 4 Drawing

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

Monday, Wednesday, and Saturday Powerball drawings, as shown live on WRAL.

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.

Powerball Drawing

A crash has shut down all but one lane of Interstate 540 westbound near Buffaloe Road in Raleigh. Sky 5 is over the scene

Crash shuts down I-540 West near Buffaloe Road in Raleigh; Sky 5 is over the scene

Tuesday and Friday Mega Millions Drawing.

>> ACROSS AMERICA WITH MEGA JACKPOTS, IT'S MEGA MILLIONS. HELLO, MAYOR COMES ON CODE IS TUESDAY. APRIL 16TH AND TONIGHT'S MEGA MILLIONS JACKPOT IS AN ESTIMATED A NEW TIES. 148 MILLION DOLLARS. >> DUE TO TECHNICAL DIFFICULTIES. TONIGHT'S DRAWING HAS BEEN TEMPORARILY HALTED. ONCE THE MALFUNCTION IS CORRECTED, THE DRAWING WILL CONTINUE UNDER THE SUPERVISION OF THE AUDITOR. WE SAY TO THE STATION FOR ALL WINNING NUMBERS. >> SPOTTY SHOWERS AND THUNDERSTORMS POPPING UP HOW

Is Biden right about small business loans?

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