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Situational awareness - January 24, 2020

Good Friday morning from Salt Lake City


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

  • Tax reform goes kaput.
  • Democrats will wrap up their prosecution in the impeachment trial Friday.
  • "Doomsday clock" moves closer to midnight.

FRIDAY TRIVIA

This week's question is a two-parter from Andrew Gruber.

"What Utah Governor built the first passenger rail system on the Wasatch Front, an "inter-urban" line that opened in 1908 between Salt Lake City and Ogden? What attraction did this Governor build along that line as an amusement for families?"

Send your guesses to me at mailbag@utahpolicy.com. The third reader with the correct answer will get the honor of asking next week's question.


TICK TOCK

Days to the first day of the 2020 Utah Legislature: 3 (1/27/2020)

Days to the 2020 Iowa Caucuses: 10 (2/3/2020)

Days to the New Hampshire primaries: 18 (2/11/2020)

Days to the Utah presidential primaries: 39 (3/3/2020)

Days to the final day of the 2020 Utah Legislature: 48 (3/12/2020)

Days to the 2020 Utah primary elections: 158 (6/30/2020)

Days to the 2020 election: 284 (11/3/2020)



Today At Utah Policy

images/1000px_Mugs/Bernick_Mug_01.jpgBob Bernick's notebook: Tax reform failure a painful lesson for Republicans
By Bob Bernick, Contributing Editor
So, is Utah's food tax exemption really safe, now that GOP lawmakers and Gov. Gary Herbert plan to repeal the new, huge tax reform bill passed just over a month ago?My guess is -- Yes.
images/1000px_Article_Photos/Tax_referendum_01.jpgPoll shows most Utahns supported the referendum effort to overturn tax reform
By Bryan Schott, Managing Editor
On Thursday Governor Gary Herbert and legislative leaders announced they planned to repeal the controversial tax reform in the face of a referendum effort to overturn the bill at the ballot box. A new poll shows that referendum effort would have likely succeeded.
images/1000px_Mugs/Gary_Herbert_06.jpgGovernor Herbert and legislative leaders announce they will repeal controversial tax reform law (Updated)
By Bob Bernick, Contributing Editor
Republicans on Capitol Hill threw in the towel Thursday, saying next Monday they will repeal the just-passed tax reform package.

OTHER UTAH HEADLINES

Deseret News

Salt Lake Tribune

Other



NATIONAL HEADLINES

The prosecution rests

House impeachment managers will wrap up their case against President Donald Trump sometime today during day four of the impeachment trial. Democrats spent most of Thursday detailing their evidence that Trump abused his power by withholding military aid to Ukraine [Washington Post].

Senate Republicans are pointing to President Trump's threat to invoke executive privilege in order to argue against issuing subpoenas for witnesses and documents in the trial [CNN].

President Trump and his legal team are growing increasingly confident he'll be acquitted by the Senate [Bloomberg].


Trump vs. Bloomberg

President Trump saw a campaign ad for Michael Bloomberg on Fox News and reacted on Twitter against the advice of his political team [New York Times].


Coronavirus

China is now restricting travel for 35 million people in 12 cities to stop the spread of the virus. There have now been 26 deaths from the outbreak [New York Times].


Whoa!

The U.S. had a chance to kill Iranian general Qassem Soleimani in 2007 but backed off [Yahoo].


New policy

The Trump administration unveiled a rule allowing customs officials to deny entry to pregnant women to cut down on so-called "birth tourism" [The Hill].


Whiskey. Tango. Foxtrot.

A notoriously anti-Semitic news outlet says they were invited by the White House to cover the recent World Economic Forum in Davos [Washington Times].


Doomsday clock

The Bulletin of Atomic Scientists set the "Doomsday Clock" to 100 seconds to midnight, the closest to armageddon it has been since the group started the exercise in 1947 [Science].


News you can use

The company behind FICO credit scores says they will change the way they calculate creditworthiness [USA Today].



BUSINESS HEADLINES


Policy News

Casual Friday: Weekend Events & Outdoors Report
Outdoors Report--Salt Lake Tribune:Feds propose oil and gas leasing on Moab's famed Slickrock bike trail
images/1000px_Logos/WTC_Utah_Logo.pngCome network with a delegation from the Hangzhou Province
World Trade Center Utah, in partnership with the Governor's Office of Economic Development, invites you to a roundtable discussion about the opportunities and challenges of doing business in the Hangzhou Province. This networking event will give Utah companies a chance to connect with companies from the Hangzhou Province.

More National Headlines


ON THIS DAY IN HISTORY

1848 - Gold was discovered at John Sutter's mill near Sacramento. The discovery touched off the gold rush of 1849.

1916 - The Supreme Court ruled an income tax was constitutional.

1984 - Apple's Macintosh computer went on sale. Price tag: $2,495.

1995 - The prosecution gave its opening statement in the O.J. Simpson murder trial.


Wise Words

Excellence


"The will to win, the desire to succeed, the urge to reach your full potential... these are the keys that will unlock the door to personal excellence."Confucius

Lighter Side

Southwest


"Yep, during the entire trial, senators will have to remain in their seats. And if they're also refused food and water, it will be just like flying Southwest."- JIMMY FALLON

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