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<blockquote data-quote="Box Ox" data-source="post: 4880764" data-attributes="member: 48469"><p>They’re both highly damaging to the country. And taxpayers pick up the bill for the damage done. Minneapolis alone could be looking at $1 billion plus in rebuilding costs, which they’d like the federal government to pay for. The consequences of state-level leniency toward looters and rioters are not limited to the affected states. So it is indeed a problem for us all.</p><p></p><p>[URL unfurl="true"]https://www.cnn.com/2021/05/25/business/minneapolis-businesses-after-floyd-protests/index.html[/URL]</p><p></p><p>“The local business community is counting on Congress to pass President Joe Biden's <a href="https://www.cnn.com/2021/05/10/politics/biden-employer-assistance-child-care-state-and-local-funding/index.html" target="_blank">American Rescue Plan Act </a>to provide $500 million in funding to help the state's recovery efforts, said Jonathan Weinhagen, president and CEO of the Minneapolis Regional Chamber.”</p><p></p><p>“More than 1,500 businesses in the Twin Cities were damaged or destroyed between May 24 and June 16 of last year during the unrest following Floyd's murder, according to a state House of Representatives <a href="https://www.house.leg.state.mn.us/SessionDaily/Story/15614" target="_blank">daily session report </a>published in February.</p><p></p><p>The city of Minneapolis has estimated it will cost <a href="https://lims.minneapolismn.gov/RCA/7292" target="_blank">$350 million</a> to fully restore its buildings to what they were. Other officials pointed out many of those buildings were built decades ago and said it will cost much more to ensure they comply with current city and state laws governing new construction.</p><p></p><p>"We don't have an accurate number, but it's certainly more than $1 billion," Democratic state senator Patricia Torres Ray told CNN Business. "Rebuilding Minneapolis is a very expensive proposal."</p></blockquote><p></p>
[QUOTE="Box Ox, post: 4880764, member: 48469"] They’re both highly damaging to the country. And taxpayers pick up the bill for the damage done. Minneapolis alone could be looking at $1 billion plus in rebuilding costs, which they’d like the federal government to pay for. The consequences of state-level leniency toward looters and rioters are not limited to the affected states. So it is indeed a problem for us all. [URL unfurl="true"]https://www.cnn.com/2021/05/25/business/minneapolis-businesses-after-floyd-protests/index.html[/URL] “The local business community is counting on Congress to pass President Joe Biden's [URL='https://www.cnn.com/2021/05/10/politics/biden-employer-assistance-child-care-state-and-local-funding/index.html']American Rescue Plan Act [/URL]to provide $500 million in funding to help the state's recovery efforts, said Jonathan Weinhagen, president and CEO of the Minneapolis Regional Chamber.” “More than 1,500 businesses in the Twin Cities were damaged or destroyed between May 24 and June 16 of last year during the unrest following Floyd's murder, according to a state House of Representatives [URL='https://www.house.leg.state.mn.us/SessionDaily/Story/15614']daily session report [/URL]published in February. The city of Minneapolis has estimated it will cost [URL='https://lims.minneapolismn.gov/RCA/7292']$350 million[/URL] to fully restore its buildings to what they were. Other officials pointed out many of those buildings were built decades ago and said it will cost much more to ensure they comply with current city and state laws governing new construction. "We don't have an accurate number, but it's certainly more than $1 billion," Democratic state senator Patricia Torres Ray told CNN Business. "Rebuilding Minneapolis is a very expensive proposal." [/QUOTE]
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