The worst pandemic in a century upon us all. Now it falls on us to defeat it. Here at home a strange and unsettling hush has fallen over the country as businesses close and millions of americans brace for whats to come. In new york, seattle, new orleans, and elsewhere preparation for the virus has ended. The virus has arrived in force. The urgent battle to suppress it has begun. In Emergency Rooms and i. C. U. s courageous doctors and nurses are locked in a battle to save the lives of their patients. Protective gear is in short supply, but their regard for safety and even family comes second to their duty. The days ahead will be a closerun thing in those cities as they struggle to keep their hospitals open and functioning. But make no mistake, the china virus will spare none of us. The from the high rises of the big cities to the hills of the ozarks. Soon the senate will finally pass desperately needed emergency legislation for our nation, including a massive infusion of funds to our h
Coronavirus briefing with vermont governor phil scott to keep longterm commitment to coverage of the us senate. You can watch the remainder of this briefing on cspan. Org. Senate lawmakers are completing work on the third coronavirus economics to me was plan, final vote on the bill is expected today. Now live coverage of the u. S. Senate on cspan2. The president pro tempore the senate will come to order. The chaplain, dr. Barry black, will lead the senate in prayer. The chaplain let us pray. O god, our father, we lift up our hearts in prayer because we trust in you. Lord, we know well the weakness and the insecurity of our hold upon this life. Comfort those who have lost loved ones during this Global Health crisis. When we wrestle with sad memories of mortal loss, give us all the glorious hope of life eternal. Lord, provide our lawmakers with the confidence that your allsufficient grace and power will enable them to become more than conquerors during this time of trouble. Remind them t
People cope with the crisis wherever they are. Really has reached another grim milestone recording the highest death toll on a single day anywhere in the world 919. 00 people have died of the virus in just 24 hours on friday and factions are also on the rise with more than 86000. 00 confirmed cases spains called on the European Union to provide urgent Financial Assistance more than 750. 00 people would die bare and just 24 hours it is now europe 2nd worst affected country grappling with the pandemic and United States President Donald Trump is signed off on a 2. 00 trillion dollar stimulus package it will provide payments to millions of struggling americans funding for medical workers and a source of loans and investment to prop up the economy trump also invoked the defense production act which will force companies to manufacture much needed medical equipment now the u. S. Has the highest number of cases worldwide as hospital struggle to treat the rising number of patients heres robert
Shortage of doctors and hospital beds the u. S. Faces huge challenges in dealing with the corona virus outbreak. We must follow the evidence. There are no shortcuts a warning from the World Health Organization over the use of untested medicines to treat the virus. A sad page in history the words of italys president as the death toll from the corona virus continues to mount on friday its really reported the highest number of virus related deaths of any country after 919 people died in just 24 hours the number of confirmed cases has increased to there are now more than 86000 infections that the Spanish Government has called on the European Union to provide urgent Financial Assistance more than 750 people died there over the law. 24 hours in the United States president on will trump a signed into law a 2. 00 trillion dollar stimulus package that will speed up government payments to americans and increase job plus benefits for millions the u. S. President has also invokes the defense produ
Medicaid reimbursement rates so it artificially depresses this number to 1. 00 that youre reading about in the minutes but if you look at the core c. P. I. The core Consumer Price index which strips out food and energy it has been running at or above 2 percent which is the feds target for 23 straight months now so i think that there needs to be some soul searching at the fed because the average American Family is not going to tell you that inflation is running too low so how would they be able to actually combat this. Well they say that they want to get inflation up to a certain range and that is code that is fed speak for saying we want to keep Monetary Policy easier for as long as it takes to get up to that 2 percent bogey and what how investors rightly read that message is that theyre going to continue growing the Balance Sheet and if need be and we know that the need be could. Could be happening with the coronavirus shock to the to the to the economy not just in china but here in t