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Situational awareness - May 5, 2020

Good Tuesday morning from Salt Lake City


TICK TOCK

56 days to the 2020 Utah primary elections (6/30/2020)

182 Days to the 2020 election (11/3/2020)

260 days to inauguration day (01/20/2021)

265 days to the start of the 2021 Utah Legislature (1/25/2021)


Here are the stories you need to pay attention to this morning:

  • The Trump administration is predicting the number of coronavirus cases will jump to about 200,000 per day.
  • The dash for cash could determine the winner of the race to replace Rep. Rob Bishop.

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Today At Utah Policy

images/1000px_Article_Photos/Money_Politics_01.jpgAnalysis: Campaign cash may define the 1st Congressional District GOP race
By Bob Bernick, Contributing Editor
As the Republican primary race in U.S. House District 1 in Utah gets started, former state Agriculture director Kerry Gibson leads in cash on hand, but he's way behind in the UtahPolicy.com/KUTV 2 News polling of "likely" GOP voters in the district.
images/1000px_Mugs/Biden_Sanders_01.jpgDemocratic Party rule could give some of Bernie Sanders' Utah delegates to Joe Biden
By Bryan Schott, Managing Editor
Bernie Sanders won the lion's share of Democratic delegates in Utah during the Super Tuesday presidential primary, but a longstanding Democratic Party rule could force some of his delegates to support presumptive nominee Joe Biden at the party's convention in August.

OTHER UTAH HEADLINES

Deseret News

Salt Lake Tribune

Other



NATIONAL HEADLINES

Coronavirus explosion

An internal Trump administration report predicts the number of coronavirus cases in the U.S. will surge to about 200,000 per day with 3,000 daily deaths [Washington Post].

Another model favored by the White House raised its projection for the number of American deaths from the coronavirus to more than 134,000 by early August [Bloomberg].


Blocked

The White House has blocked all members of the coronavirus task force from testifying before Congress during the month of May [RealClearPolitics].


Blaming China

Intelligence shared among US allies indicates it's "highly unlikely" the coronavirus outbreak was the result of an accident in a laboratory. The virus likely originated in a Chinese market [CNN].

China is lashing out at Secretary of State Mike Pompeo, calling him "evil" and a "liar" after he said there was "enormous evidence" that the coronavirus outbreak started in a Chinese lab [Bloomberg].

The WHO says the Trump administration has provided no information for its "speculative" theory about the origins of the novel coronavirus [Guardian].


Economy

The Treasury plans to borrow $3 trillion in the second quarter for coronavirus relief. That staggering number is the largest amount for any full fiscal year [MarketWatch].

California is borrowing from the federal government to make their unemployment payments [WSJ].

Carnival Cruise Lines says it will resume sailing on August 1 [CNBC].

A United Airlines executive is urging employees to consider leaving the company voluntarily [CNN].

A top economist is warning the global economy will not snap back quickly from the coronavirus pandemic [Bloomberg].


Yikes!

Costco is rationing meat sales amid fears that supplies are running short [New York Post].


2020

The secretary of the Senate said her office had no legal discretion to disclose any personnel records related to an allegation of sexual assault against Joe Biden in 1993 [New York Times].


Worked out well the last time...

President Donald Trump is reportedly mulling firing FBI director Christopher Wray [Axios].


Trump TV?

An investment group with ties to Donald Trump Jr. has acquired a major stake in pro-Trump television channel One America News Network [Vanity Fair].



BUSINESS HEADLINES


Policy News

images/1000px_Logos/Utah_Economic_Response_Task_Force_Logo_01.jpgTown hall: I have my federal money, now what?
The Utah Economic Task Force will host a virtual town hall on Tuesday, May 5, 2020 at 4:00 p.m. MST to discuss how businesses can use their Paycheck Protection Program Loan, specifically how to spend, account for and ultimately have the loan forgiven.
images/1000px_Logos/EDCUtah_1000.pngCOVID-19 business impact survey
The social and economic impacts of COVID-19 have been deep and acute. In March, the Utah Economic Response Task Force conducted a business impact survey, and more than 1,200 Utah businesses responded.
Utah chatbot, Porter, helps citizens find important COVID-19 information
The Utah Department of Technology Services has launched an online chatbot to help Utah.gov visitors find important COVID-19 information they need.

More National Headlines


ON THIS DAY IN HISTORY

1821 - Napoleon dies in exile on the island of Saint Helena.

1893 - Panic hit the New York Stock Exchange; by year's end, the country was in the throes of a severe depression.

1925 - John T. Scopes was arrested in Tennessee for teaching Darwin's theory of evolution.

1985 - President Ronald Reagan attended a wreath-laying ceremony at a military cemetery in Bitburg, West Germany. The visit drew worldwide condemnation because 49 members of the Waffen SS were buried there.

1961 - Astronaut Alan B. Shepard Jr. became America's first space traveler as he made a 15-minute suborbital flight in a capsule launched from Cape Canaveral, Fla.


Wise Words

Confidence


"Give me a lever long enough and a fulcrum on which to place it, and I shall move the world."Archimedes

Lighter Side

Making No Sense


"The weirdest part about all of this is that Elon Musk always says that we're all living in a computer simulation. But now he's like, yo, yo, the universe might be fake, but my stock price is real."- TREVOR NOAH

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