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Recovery: Bush unveils emergency aid

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New York is pondering the future of the World Trade Center site as it clears the rubble.  


SUMMARY:

President Bush Thursday unveiled an emergency package of unemployment and health aid to assist workers dislocated because of the September 11 attacks.

The measure includes extended unemployment benefits, up to $11 billion in new health care assistance and $3 billion in emergency grants that governors will for the first time be allowed to use to cover emergency health insurance costs.

UPDATE:

Current government unemployment benefits run 26 weeks. The president announced that the government will extend that to 39 weeks in states where the unemployment rate has jumped 30 percent or more since September 11. (Full story)

Meanwhile, the attack on the World Trade Center will cost New York City as much as $105 billion over the next two years, the city comptroller's office said Thursday in the first official estimate of the costs from the attack.

That includes $45 billion for the value of the buildings destroyed and loss of taxes derived from the victims, and $45 billion to $60 billion for on-going costs, including lost economic activity over the next two fiscal years, Comptroller Alan Hevesi said in the report. (Full story)


  •  Summary

  •  Update

  •  Key questions

  •  Impact



REMEMBERING THE VICTIMS

  •  Emergency information

  •  Partial list of victims

  •  Victims story archives

  •  Latest news


Attack on America
 CNN.COM SPECIAL REPORT
 CNN NewsPass Video 
Agencies reportedly got hijack tips in 1998
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Report cites warnings before 9/11
 EXTRA INFORMATION
Timeline: Who Knew What and When?
Interactive: Terror Investigation
Terror Warnings System
Most wanted terrorists
What looks suspicious?
In-Depth: America Remembers
In-Depth: Terror on Tape
In-Depth: How prepared is your city?
 RESOURCES
On the Scene: Barbara Starr: Al Qaeda hunt expands?
On the Scene: Peter Bergen: Getting al Qaeda to talk

U.S. House and Senate members are introducing resolutions to award the Congressional Medal of Valor for firefighters, police officers and emergency service personnel killed or seriously wounded in the line of duty in the September 11 terrorist attacks.

The medal is the highest national award bestowed to public safety officers. (Full story)

Warning that terrorists are "watching with as much interest as the rest of the world," Senate Majority Leader Tom Daschle, D-S.D., accused Republicans Thursday of delaying action on a bill to make air travel more secure.

Daschle wanted to vote on the airline security bill Thursday, but Republicans objected because they said Democrats were adding extraneous issues. (Full story)

Since the events of September 11, many Americans have wondered if things will ever get back to normal. But the terrorist attacks had such an earthquake-like impact on U.S. pop culture that the real question seems to be, what is normal now? Or, more to the point, what can the general public stomach as it returns to the comforts of everyday life? (Full story)

U.S. equity indexes were mixed Thursday, closing off earlier highs, as a tech-led rally fueled by Dell Computer's positive quarterly earnings reiteration was watered down by continued economic nervousness and traditional blue chip selling. (Full story)

KEY QUESTIONS:

Will Americans resume air travel at their previous levels? Click for more

What will happen to the World Trade Center site? Click for more

What are the legal issues involved in compensating the victims?

What will be the long-range impact on the insurance industry?

How has the fabric of New York, Washington and the country as a whole been altered?

What measures will be taken to try to prevent a recurrence of such attacks? Click for more

How will these measures affect the American way of life?

What effect will the attacks have on the economy?

What will be the global effect?

WHO'S WHO:

George W. Bush: U.S. president

Laura Bush: First lady of the United States, she has become more visible since the terrorist attacks, making public appearances urging parents and teachers to help reassure children that everything is being done to try to keep them safe. Click for more

Tom Ridge: President Bush's appointee as head of the newly created Cabinet post of Office of Homeland Security, Ridge has been governor of Pennsylvania since 1995. Click for more

Joe Albaugh:The chief of the Federal Emergency Management Agency Click here for more.

Rudy Giuliani: Mayor of New York Click for more

Paul O'Neill: Treasury secretary

Norman Y. Mineta:Transportation secretary

Jane Garvey: FAA administrator

VICTIMS:

The latest figures provided by federal and local officials give the following totals for the number of people dead or missing from the September 11 attacks.

WORLD TRADE CENTER: 157 dead on two hijacked planes; another 4,986 reported missing to the New York Police Department; 369 confirmed dead

PENTAGON: 64 dead on hijacked plane; another 125 dead or missing

PENNSYLVANIA: 44 confirmed dead on hijacked plane

IMPACT:

The events of September 11 exposed the vulnerability of the world's greatest superpower, presenting the United States with the challenge of recovering emotionally and physically.

Several industries -- particularly the airline industry and the insurance industry -- have been hit hard by the aftermath of the terrorist attacks, and their progress will be watched closely as a guide to the overall U.S. economic and psychological recovery.



 
 
 
 



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