mascherine n99, Dr. Mehmet Oz describes the two ways coronavirus differs from traditional flu President Trump said Monday evening that he will be meeting with congressional leaders on Tuesday to press them about what can be done to help the economy as it struggles amid the coronavirus outbreak. Trump said that he plans to meet with Senate leadership on Wednesday to discuss a payroll tax cut, small business aid and help for hourly workers who might become sick. “They’ll be very dramatic,” Trump said of the proposed economic measures during an evening briefing at the White House. “This blindsided the world and I think we handled it very well.”
mascherine n99 - Trump told reporters that the administration was seeking “very substantial relief. Treasury Secretary Steve Mnuchin and Director of the National Economic Council Larry Kudlow were expected to make the request of Senate Republicans on Tuesday afternoon. The markets appeared to react positively to Trump's announcement, with futures on all three major indices surging by more than two percent. CLICK HERE FOR COMPLETE CORONAVIRUS COVERAGE The president, who was joined in the White House briefing room by Vice President Mike Pence and the rest of the coronavirus task force, praised his administration’s work in combatting the virus – including prohibiting entry into the U.S. from certain countries and coordinating with state governors – and reiterated that the spread of the virus was not caused by mismanagement within Washington.
mascherine n99, “This is not our country’s fault, this was something that was thrown at us,” Trump said. “The main thing is we’re taking care of the American public.” Before his press conference, Trump met Mnuchin, Kudlow and other aides about a range of economic actions he could take. He also invited Wall Street executives to the White House on Wednesday to discuss the economic fallout of the epidemic. Kudlow told reporters Friday that the administration is not looking at a “massive” federal relief plan. Rather, any federal aid package would be “timely and targeted and micro.”
mascherine n99 - Lawmakers on Capitol Hill had barely started to contemplate the economic implications of the spread of the virus and what might be needed to stimulate the economy as people cancel vacations and business trips and stay away from stores. Senate Finance Committee Chairman Chuck Grassley, R-Iowa, told reporters that “everything’s on the table. But members of the Senate Republican leadership, including Sen. John Cornyn, R-Texas, played down the need for an economic stimulus package of any kind, be it tax cuts or aid for workers. “It’s premature to be talking about that,” Cornyn told reporters. “I usually love tax cuts but I think it’s a little premature.”
mascherine n99 - CORONAVIRUS IN THE US: STATE-BY-STATE BREAKDOWN Democrats have indicated they preferred other responses, like passing legislation requiring employers to give their workers paid sick leave — a longtime policy priority of Democrats — and additional help for those with lower incomes. Pence, who is heading the task force combatting the outbreak of coronavirus, noted once again that the chances of Americans contracting the virus remain low – and of becoming seriously ill even lower – but warned that the precautions outlined by the Centers of Disease Control and Prevention (CDC) should still be followed.