Through the cracks and never in my wildest dreams, senator durbin, did i h believe that whe we have done is to pay people more, not to work but to work this bill the 600dollar payment on top of safe benefits actually allows people to have their income almost doubled in someha circumstances. I want to help people and make sure that if you lose your jobil that we cover your wages but under this bill you get 23. 15 an hour based on a 40 hour workweek, not to work. If you are trying to hire somebody in South Carolina in the next four months you got to compete with that wage. If you are working in a restaurant and probably not now but if youre working anywhere for 15 an hour sometimes making 23 an hour and you are working. It is just not fair. It will hurt the Rubio Collins construct, restaurants that are out of business. We want them to be able to to pay the payroll to keep people connected to their employer. Now what do you do when you make 23 an hour being on unemployment . How do you ke
Families here in michigan and americans all across the country are struggling. Theyre worried about their health and safety, and worried about whether theyll be able to make ends meet and worried about whether help is on the way. After working around the clock, and pressing for significantly more funding and federal resources for our heroic Healthcare Professionals on the front lines, we negotiated and passed the coronavirus aid relief and Economic Security act, also known as the cares act. This package is not perfect, but will provide urgent relief to the American People, the engine of our economy, Small Businesses, and to our overstretched Healthcare System. It will help americans who are forced to stay home and arent receiving a paycheck or who have lost their jobs through no fault of their own. A record high 3. 3 million americans filed for Unemployment Benefits last week. But help is on the way and we have your back. After leading the charge to expand Unemployment Insurance with m
The worst dow point loss ever the previous 2 record set just last week as the markets were closing in new york and washington President Donald Trump was asked if the country was in a recession well it may be without thinking in terms of a recession with a good in terms of the virus once we step i think theres a tremendous pent up demand both in terms of the stock market and in terms of the economy and once this goes away once it goes through and were done with it i think youre going to see a tremendous a tremendous surge the trading day was so bad the president of the New York Stock Exchange had to shoot down rumors that the Trading Floor might close down tweeting closing the markets would not change the underlying causes of the market decline this would only further compound the current market anxiety. Over the weekend the Federal Reserve lowered Interest Rates to nearly 0 hoping it would call in the markets it did not they lower the rates on sunday market is telling us that theyre no
Exercising were ordered home. In front schools bars and restaurants are closed gatherings of more than 100 people are banned and people are being urged to work from home public transport is still running but more measures are on their way as of them at this stage in urban areas we will maintain public transport to allow french people to commute for strictly necessary purposes and regarding Long Distance travel by train between major cities by bus or by plane this will be gradually reduced. In the u. K. The governments been accused of not acting quickly enough to contain the spread as people stocked up over the weekend almost emptying supermarkets in some areas hundreds of scientists queried the governments strategy the Health Minister now says water time style measures are coming hes asking british manufacturers to make more ventilators soon everyone over the age of 70 will be asked to self isolate for up to 4 months and this week should see new measures including a ban on large gather
Typically you would see the democratic weekly address from a studio. But, like americans across the country, i am faxing social distancing, and join you from my home in michigan. I am practicing social distancing. We are facing an unprecedented Public Health emergency, and an economic crisis of epic proportions. As cases of coronavirus skyrocket, i and my Senate Democratic colleagues work to protect the health and safety of people across the nation. Families here in michigan, and americans across the country, are struggling. They are worried about their health and safety, worried about whether they will be able to make ends meet, and if help is on the way. After working around the clock and pressing for significant a more funding and federal resources for our heroic Health Professionals on the front lines, negotiated and passed the coronavirus aid relief and economic secured act, also known as the cares act. This package is not perfect. But it will provide urgent relief to the American