1. President Trump contends he does not fear a recession and is nonetheless considering new tax cuts to promote growth, but he acknowledges his aggressive China trade policies may mean economic pain for Americans.
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2. Officials say some of the 22 Texas cities that were targeted by a coordinated ransomware attack have recovered and are operating normally.
The Texas Department of Information Resources made the announcement Tuesday in a news release in which it also lowered the number of cities that were attacked from 23 to 22. A department spokesman declined to provide more detail. Authorities believe all of the attacks originated from a single source.
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3. Austin Water staff is continuing to test for algae weekly. Staffers report they’re still finding blue-green algae in Lady Bird Lake and Barton Creek near the pedestrian bridge.
The city says to keep people and pets out of these areas and avoid warm stagnant water with visible algae.
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4. CIM Group, the California-based company that owns the tallest high-rise in Austin, The Independent, has purchased the 21-story Chase Tower.
The Statesman reports the purchase price was not disclosed but the appraised value of the property is over $213 million dollars. CIM Group also owns East Side Village, Hartland Plaza, and Penn Field on South Congress.
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The Downtown Austin Alliance’s Bill Brice says Austin Mayor Steve Adler, along with three councilmembers, will be speakers at this townhall, some of whom put together an immediate action plan to address homelessness. Brice says that helps identify what the city leaders are thinking.
“In the eyes of our city council members, it’s unreasonable to tell people that they can’t camp, or sit, or lie in public unless we can tell them where they can go,” Brice says. “Reasonable places that people can go, and safely be, and that have services available.”
Brice says the plan is one step closer to something “actionable.”
