President in new jersey and took a look at the fine print. Im providing a parallel tax holiday to americans earning less than 100,000 per year. President trump is trying to defer a 6. 2 Social Security tax for americans making up to 104,000 a year. The taxes would have to be paid next year. I plan to make permanent cuts to the payroll tax. Only congress has the power to issue tax cuts. Republican senator ben faf called the news unconstitutional slop. The president directed 44 million from fema to cover a 300 a week up Employment Benefit for five more weeks with states being asked to cover an additional 100 in benefits. Cbs news asked the president if hes giving people false hope. Mr. President , this is expected to be tied up in the courts, so this is going to be delayed or i think its going to go rapidly through the courts. The president asked for extended relief on Student Loans and delaying evictions. The president repeated a false claim about the act signed by president barack obam
House, where President Trump added fresh fuel to the fire in the controversy over whether and when to send kids back to school. Earlier i spoke with dr. Yvonne maldonado. Thank you for joining us this morning. At his briefing last night, President Trump said hed feel comfortable sending his son and grandkids back to school because he said kids dont transmit the coronavirus very easily. He also said they dont catch it easily. That seems to conflict with some of the research that weve seen just this week. I want to get your thoughts on that. Well, i dont think we really understand exactly whats going to happen with children. It does look like they are less likely to get sick, and maybe to transmit, than older children, and certainly adults. But we do need to have them go back to school very carefully and make sure that theyre socially distanced, that the older kids wear masks, and especially the teachers take all the precautions not to get infected. And the other big headline this mornin
Attempts at many animals and talk to. Me so much god its good to have you with us europe is marking 75 years since the end of world war 2 on may 8th 1905 nazi germany announced its Unconditional Surrender to allied forces the large memorial events that were planned to have been either cancelled or scaled back due to the coronavirus pandemic in the u. K. Prime minister Boris Johnson observed a moment of silence in remembrance while Prince Charles wait a week at the war memorial at Balmoral Castle in scotland. Meanwhile in france president tomorrow and i called paid his respects at the tomb of the unknown soldier in paris and here in berlin the german chancellor Angela Merkel took part in a ceremony at the main memorial to victims of war and dictatorship. Lets bring in our correspondent simon young hes covering this anniversary for us here in berlin hes standing just where the ceremony took place a little earlier hi simon we heard that the commemorations have been scaled back of course b
20000000 americans lose their jobs as the virus freezes the economy all business expenses to schedule a space for damage. Traps a sharp rise in Domestic Violence against women and children trapped at home by shutdowns how one group in lebanon is helping victims for cover. Hello im christine want to welcome to the Program Europe is marking 75 years since the end of world war 2 on may 8th 1905 nazi germany surrendered unconditionally to the allied forces the large memorial events at the plant have been itis cancelled or scaled back due to the coronavirus pandemic in london the war if forced red arrows squadron streets across the capital skyline trading the kyra. Off the union jack in scotland Prince Charles laid a wreath at the war memorial at balmoral castle. Meanwhile in france presents a man with a chronic pain his respects at the tomb of the unknown soldier in paris. And here in berlin the german chancellor Angela Merkel took part in a ceremony at the main memorial to the victims of
Gain of about 170 points, after the biggest oneday gain since 1933. That was yesterday. Today might be a different story. At the moment we are looking at a gain of 166 for the dow, a drop for the nasdaq, maybe down 34 points, and the s p down about 11. Mixed picture this morning as investors try to get to grips with this new package and what it means for the economy. Also influencing the market, the president s statement that he would love and he used the word three times, he would love to get the economy back up and running by easter. Thats just two and a half weeks from now. It is a goal rather than an absolute. Critics say its just too soon and many state and local governments reject the president s time frame. Meanwhile, the call for Domestic Travel restrictions keeps on growing. Some officials at the white house suggested that anyone leaving the new york city metropolitan area should be confined to 14 days quarantine. As of now, lockdown, stayathome orders are in place for well ov