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Schwarzenegger with Obama on auto industry bailout

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Gov. Arnold Schwarzenegger (R-CA) told ABC’s George Stephanopoulos that he supports a bailout of the Big Three automakers if the companies agree to reform themselves.

“I think it’s very important to not just put money in. But let’s go and see if they have been fiscally responsible, and if they’re really operating the right way; because right now, all of those — you know, if you pay the auto workers or the benefits and all of those things, [those] are maybe too high,” said Schwarzenegger.

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This video is from ABC’s This Week, broadcast Nov. 16, 2008.



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Trump’s decision to block coronavirus aid to hard-hit states will cost 4 million jobs: analysis

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President Donald Trump's refusal to provide federal aid to states hit hard by the economic crisis sparked by the coronavirus pandemic would cost the country 4 million jobs, according to an analysis by Moody's Analytics.

Negotiations over the next phase of coronavirus relief have stalled as Trump attempts to circumvent Congress with unworkable and legally dubious executive orders that fall far short of the aid that would be included in any Congressional proposal. Though House Democrats already approved a $3 trillion relief bill including an extension on federal unemployment benefits and $1 trillion in aid to states and cities whose tax revenues evaporated amid coronavirus lockdowns, Trump and Senate Republicans have balked at both provisions.

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Trump targets TikTok again with new executive order

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US President Donald Trump late Friday lashed out anew at ByteDance, issuing a fresh executive order stating the Chinese internet giant must sell its interest in the Musical.ly app it bought and merged with TikTok.

The order builds on sweeping restrictions issued last week by Trump that TikTok and WeChat end all operations in the US, his latest explosive moves aimed at countering China's rising global power.

ByteDance bought karaoke video app Musical.y from a Chinese rival about three years ago in a deal valued at nearly a billion dollars. It was incorporated into TikTok, which became a global sensation.

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2020 Election

Trump’s campaign has plans to disrupt coverage of the Democratic convention: report

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According to a report from Politico, Donald Trump will be hitting the road next week where he will visit battleground states in an effort to steal headlines while the Democrats hold their national convention to select former Vice President Joe Biden as their presidential nominee.

With the physical convention set aside due to the coronavirus pandemic, the Democrats will hold a virtual convention that will feature a host of high-profile Democrats including former President Barack Obama and former First Lady Michelle Obama among others, and Trump's campaign wants to get the president out front of them and grab the limelight.

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