Computer. Thank you. Chair bustos will join us later. I would like to welcome the members of the public watching us live on sfgovtv and to the staff participating in todays meeting. The San Francisco department of Public Health, mayor breed and Governor Newsom declared the coronavirus is a Public Health machining and asked that people shelterinplace. Due to the health emergency, this meeting is held virtually with all members of the commission and staff participating today via teleconference. There will ensure the safety of everyone. The Mayors Office determined the commission on Community Investment and infrastructure has an urgent need to take matters to ensure Public Health and safety and authorized the commission to meet on these matters. Welcome to everyone. Madam secretary, please call the first item. Thank you. The first order of business is item one roll call. Commission members please respond when i call your name. Commissioner brackett. Here. Commissioner scott. Here. Vice ch
Anniversary of the apollo 13 mission one that became a story of survival against all odds. It is the most unwanted of records the United States now has more coronavirus deaths than any other country its tally for the 1st time on saturday it means 20000 americans have not died from coverage 19 the epicenter still new york but all 50 states are in a state of emergency for the 1st time allowing them the use of federal funds elsewhere were looking at india where the Prime Minister is expected to announce an extension to the lock down 1300000000 people with staying home until the end of april and in europe well this is interesting news the hardest hit countries there are now easing some restrictions for monday. Spain will allow nonessential employees to return to work its reported a falling death rate there and italy is allowing some stores to reopen will start with the United States the new york in fact where the state Governor Andrew Cuomo says there has been a drop at least in the intens
Watching for wild swings right here 10 year yields 0. 7 and thats pretty stable compared to where we were two days ago i checked that, whats the problem with the markets but theres a lot going on breaking overnight, this should have been somewhat helpful you would think. Bank of england announced emergency cut. Lowering the bank rate by 50 basis points to. 25 englands central bank also announced a new funding plan to support small and Medium Sized Companies as well as new steps to help commercial banks lend more well get a live report from london in just a couple of moments. Now an update onthe coronavirus. In the u. S. , confirmed cases have now topped 1,000. Want to get to meg now who joins us with the latest meg. Good morning, andrew, case counts drived to 119,000 overnight with almost 4,300 deaths among the hardest hit countries, italy, iran, and south korea and they tell dramatically different stories. Italy reported highest daily jump in deaths yesterday to more than 600 of more
These are the markets, not as sharp as the selloff is yesterday, but markets seem on hooks accounting for new cases coronavirus, and what happens to quarantines and isolations, and what happens to the economy. European stoxx 600 flat. Fell 6 if not more, now down 0. 3 . The u. S. 10 year yield, a good litmus test when looking at risk, s p futures up, they were lower a short while ago. At 10652. Lets get to the first word news. We begin with u. K. Prime minister Boris Johnson facing complaints of bad faith ahead of talks with the eu. Both sides are accusing the other of backing away from past promises. Johnson says it will take priority over a trade deal. Bernie sanders and Michael Bloomberg has escalated, mr. Bloomberg criticizing bernie control record, and sanders suggesting bloomberg could not win a debate against donald trump. Sanders is favored where bloomberg will be on the ballot for the first time. Michael bloomberg is the owner and founder of the Parent Company of bloomberg new
George thanks for having me. Steve you have devoted a considerable amount of time studying medicare and medicaid. Legislation was signed into law in 1965 by lyndon johnson. Part of the Great Society program. Take us back to that time. And how this legislation was significant at the time and how it has evolved in the last 50 plus years. George thats a great question to start off with. Medicare and medicaid passed in july, 1965. Medicaid was really an afterthought in the legislative drafting process. The laws ratification shortly after the assassination of president john f. Kennedy meant that there was a greater focus on the medicare law and there were certain historical reasons for this. Medicare began and grew out in 1960 which also grew out of the medical aid for a program, which was a new deal era program that began in the 40s and 50s. For that reason, most policymakers and legislators were focused on delivering medical assistance public Insurance Options for the elderly who were at