This is not a result of fraudulent or irresponsible business practices. This is really a black swan event, i will say. Well do whatever we need for the american family, the worker and the Small Business until were on the other side of. This this legislation will be an incredible help for the few main things it provides. First it provides resources for hospitals that are run logue and need liquidity and need help. Secondly, it provides the family direct payment for those who have been hurt or injured in this process. Provides to the businesses and especially Small Businesses we all know and love that are shut down now, it provides them resources to stay afloat during this time but more importantly, to keep their employees hired. Here we provide resources for their rent and employees and it will be forgiven if they keep them hired. For businesses as well, we give them incentive to do just the same. From ook at this bill sunday, not much as changed, less than 1 . But the number of people who had to make the decision around the kitchen table, who had a Small Business who had to lay someone off because of inaction is wrong. Thats why im hope to feel get this through the senate today, i know they have corrections on the text, i think that can get done. Hopefully therell be time inside the house, ive been on Conference Calls the last week with our members, keeping them abreast of whats going on, been on one today, will be on one later today, i want to make sure we review it but not slow it down and get it to the president s desk as soon as possible. Let me take questions. Reporter democrats have character sized this at least two days ago as a corporate giveaway. What safeguards are in place to make sure that major corporations arent just benefiting, that it is loans and not grants and they will ultimately pay the government back. Walk us through how thats not a corporate giveaway. Mr. Mccarthy its not a corporate giveaway. If you look at the first portion, 250 billion set aside for direct pames for those who make 75,000 or less to help them. Secondly, give up 350 billion in Small Business. Youre talking about more than 500 billion when it comes to businesses larger than 500 employees. As we hear day in and day out, theyre about to lay individuals off because they do not have revenue coming. In will provide a much different than direct grant or government giving them money. What government is going to do is secure their ability to have a loan at a lower rate so they have the liquidity to keep people working. We also were able to add a provision of retention. Tax credit. So in this, maybe the employer cannot employee the person for the full 40 hours. Government will allow during these two to three months to pick up a portion of that by a tax credit to allow you to keep that person working. It is very important that we keep individuals in america in a job and in a paycheck. That will keep us stronger as we go through battling this virus. So hopefully we can come back with almost like a hockey stick approach in our economy and come back strong. This is so different than the financial crisis. These are not banks because they did something wrong. These are businesses that had to shut down for government asking to combat and keep us healthier and safer. With that, well give them the security of a loan backing it up, going through their banks, to provide liquidity but also give them insent toiv keep people hired. Are you comfortable reporter are you comfortable, will your colleagues be comfortable, passing what youve seen of this compromise so people dont have to come back for recorded votes . Mr. Mccarthy we are in a challenging time. We have members who are quarantined, members who are battling the virus, members in new york city who cannot travel here. But i dont believe we should pass a true trilliondollar package by unanimous consent. Theres a way to do it without having to have everybody here but also allowing everybody to have a voice. I think we should have time for debate but i also think it would be able to pass it by a voice vote. With a voice vote, it gives you the opportunity that your constituents and those who represent you could debate the bill, could voice their opinion and not say that everybody is agreeing to it yes or no, but more importantly, it could also put across the desk because some have a problem for travel to get here in time. So i think they could put across the desk where theyd stand on the bill itself. I think that achieve ours goal by not slowing the process down but giving us time to read the bill and making sure thate gets through. Es, sir. Theres a bunch over here. Reporter once the Senate Passes the bill how soon would the could the house take it up . Mr. Mccarthy i would hope wed have at least 24 members, the speaker said wed have 24 hours. Im taking the time right now to walk members through. I want to thank the members who work thond bill. Early on we did Conference Calls with our committees they worked on ideas they provided it to their counterparts in the senate. The way senator mcconnell actually crafted this bill was the way it should be done. He did it bottom up, where it came through committee, he did it bipartisan, where democrat senators were involved in the discussion, and he did it bicameral. Our ranking members were in communications with their counterparts in the senate and youll see a lot of the ideas through the House Republicans are in this bill. The unfortunate part of all of this is the delay for the last three days. There was no need for that. That was politics at its worst. The idea that you would have the number three inside the Democratic Party say to take advantage of the situation, what did clyburn say . To recraft or reform, the idea of what they want and their philosophy, that is not right. People are hurting. People are losing jobs. How many people were laid off in the last three days . How many people had to make that decision, when this could have been passed and stronger for this american economy. Reporter we know there are some Sticking Points in the final bill text legislation. What are those as you see them and do you have any concerns with what theyre still working through . Mr. Mccarthy i dont have the complete text. I have where we were on sunday and ideas of where were going. Were reading thru whatever parts we have now. I know the senators are doing the same. I think thats smart to make sure theres not a problem wit. Sometimes when you move a bill there are always one or two problems in there. We want to make sure the money would flow correctly. We want to make sure the Small Businesses would be able to secure the money quickly. At the same time the hospitals nd states as well. Reporter President Trump has a hopeful deadline of easter and even then as far as having business go as usual, it would only be a few places here and there. If this goes on for several months, where are you seeing the economy going as well as the Campaign Going forward . Mr. Mccarthy i dont worry about the campaign right now, i worry about the health of america that goes to individuals making sure theyre getting treated and the jobs theyre losing. Thats why the bill these to move forward. I know the president , the action he took early on, denying flights from china comes here, saved a lot of lives. Hes taken advice from a lot of experts. I watched Governor Cuomo say that the number being affected in new york is large but the doubling a few days ago was in two days, then it was three days then it was four days. It is showing that part of this is working. I know the president will take all that advice and also at the same time make sure to keep us healthy. Get legislation to give us liquidity and capital to keep people employed, keep Small Businesses able to survive and at the same time when we get through this crisis, that we could come back economically just as strong. Remember where we were before this virus hit. We were at our strongest point weve been at more than 50 years. Just the month before, more than 270,000 jobs. Right now its different. One thing i would say, President Trump understand house to keep us safe, more importantly also understand house to grow an economy. Hell make sure when we get through this safely, well get this economy back as strong as it was before. Reporter twopart question. If theres a voice vote will you ensure your members wont come and ask for the yeas and nays. And is voice voting a longterm solution if house members cant return for the next few months, few weeks, we dont know how long . Or should there be some discussion about other options like remote voting or voting by proxy . Mr. Mccarthy im not the speaker, i dont get to determine how we vote, i dont want to say this is how were going to vote. I dont think this could pass on unanimous consent. I do believe a voice vote would allow people who first have to have a debate and time. Think of the size of the bill youre asking members to vote on. They need to have their constituents have the ability to have their voice be heard. Whether theyre for it or against it and why they stand with where they do. Then if you have a vote, a u. C. Does not give you a vote. A u. C. Says it passes. A voice vote allows you to have a vote. There are people who have a challenge to get here. It gives them an opportunity to put across the desk where they stand on the bill and how they would have voted had they been able to be here. Im not sure. Well have to take that up as we move forward where the situation and whats the opportunity for people to be get to washington, d. C. And have tame to debate the legislation. Reporter the second part was longterm. If house members arent coming back like as a larger group, are you do you think you should look into the remote voting or proxy voting or other options . Mr. Mccarthy longterm, this country will be back and stronger. Many are here working now. Right now for the security and health of america, people are home, rightfully so. But i know well get past this. When i look at whats happening out there, you look at in the last eight days, theres been more tests on this virus than there were in eight weeks in south korea. Every day we learn something more about this virus and every day through the ingenuity of our company we get stronger. We find ways. It took us two years before we were in the first trials when it came to a vaccine for sars. We are already in a Clinical Trial for individuals receiving the vaccine. Itll take us a year or more to get there but were already that far ahead. Every day we find something new. Every day we get a little closer to solving this problem. Yes, sir. Reporter the Sticking Point for a lot of democrats in the senate as oversight over the 500 billion funding pool. Many say theyre happy with the restrictions theyre able to include in the bill are you now satisfied with those restrictions . Mr. Mccarthy i believe in transparency, i dont see much change. I was in the sunday meeting. They wanted to change election laws. They wanted to make sure the Green New Deal came in they did get something in. They got another 24 million for the kennedy center. Thats what we had to wait three days, thats what they fought for. Unfortunately, we could have passed this. Three days ago. The president would have already signed this bill. Resources would already have been going out, making sure people are being taking care of their health, these hospitals, that every Single Member of congress has heard from hospitals in their districts that they have a problem with liquidity. For their Small Businesses shut down, theyd be receiving the ability to have the money to pay their employees so their employees would not be hearing they were being laid off. I dont see what they achieved by waiting three more days and cause manager pain to america. Reporter important clarification, you said you want at least 24 hours to review. Is that from when the bill text comes out or when the senate does their vote . Mr. Mccarthy i say 24 hours based on what the speaker said. I dont schedule the floor. Thats why im trying to keep our members abreast of whats in it. Ive done a number of Conference Calls, walked them through what we know about the bill. A number of our rankers each day. I would think as much with the bill spending 2 trillion that 24 hours would at least be appropriate. If not more for the ability for people to read the bill. Have the time review it. Not delaying it. And then have the debate on the floor. Reporter at this point youd be ok, a friday vote would be appropriate . Mr. Mccarthy if we have the text. Were sitting on wednesday. Reporter my more substantive question is, there are republican senators putting out issues with the bill that some could get unemployment checks that are bigger than their usual paychecks than a and they argue that would disincentive them going back to work. Is that a problem in your view . Mr. Mccarthy this is not a moment in time when all of america is trying to come together that someone should benefit and get a higher payment than they were earning while they were working by taking money from a tax payer to pay you. I dont think any american would actually want that so why would we just correct that bill so that couldnt happen . Its a text problem inside the bill itself, the way its written. Its not hard to correct it. I think all americans would want that corrected. I dont think anybody in america would want to get a benefit out of somebody losing their job, somebody losing their life over the virus. Let alone take advantage of a government in that time. Last question. Reporter what do you think this says about the preparedness of this country to deal with something on this severe level, markets tank, businesses closing and the medical community not even having the most basic protective equipment. Is Congress Going to have to rethink how to prepare for these sorts of thicks in the future based on this experience . Mr. Mccarthy i always believe in continual improvement at all times. Look back on the last five years what congress has cone. We increased funding for National Institutes of health and c. D. C. By more than 40 . We created the Infectious Disease task force that actually rapid response, based upon what happened with ebola. We constantly improve. Nobody had an idea by how deadly this was and mainly what i say, why, china was not forthcoming. And china had china allowed our scientists, our researchers and our doctors in at the very beginning, we maybe could have contained it just in china for the rest of the world where the rest of the world would not have the punishment going bever them. Look at what we were able to do with ebola, contain it just in africa. Because everybody was able to work together. I think there are many places we can look and improve and we should constantly be doing that thats one thing i know when Congress Gets back they will do. But right now, the number one priority is to make sure they have the resources and hospitals to care for the americans who are afflicted with this disease. Thats why this bill should have been passed three days ago. That has not changed the funding within there. Making sure that Small Businesses can still stay employed. Keep the people working and dont make them go to unsnushes. Unemployment. Giving medium and Large Businesses enough to stay afloat for the next two months. If we get through the two to three months and pass this in a healthy way, you are economy our economy will be strong just as it was before. This is a place the government has responsibility. Its not a place for someone to take advantage. Its not a place to change election laws. Its not a place to change your environmental views. Its a place to focus on the health of your mother, your father, your children. Your spouse. Its a time that all americans should come together. Its not a place you should take advantage to get more payment and unemployment than you would in your job itself. Too many people have been hurt. Too many people will suffer. Its a time to work together. And i know this is a moment that we all can come together. Im willing to work on the other side just as we did in the two bills before this and this bill itself. In a way we can pass the bill at they the same time that maybe not every member of congress can come back here but their voice can still be heard. Ank you very much. Today, the White House Coronavirus task force provides an update on the outbake and the federal governments response. Watch live at 5 00 p. M. Eastern on cspan. Follow the federal response to the coronavirus outbreak at cspan. Org coronavirus. Watch congress, white house briefings and updates from governors. Interactive maps are online. coronavirus. Rg vermont governor phil scott and members