Senate it is my honor to welcome you here. We are going to have a conversation about the intersection of Early American History and contemporary political issues. If this is your first visit to the institute, i want to welcome you to our fullscale replica of the United States senate chamber. We arekennedy institute, committed to engaging the public in a conversation about the role each one of us plays in our democracy and our society. We do that through Civic Education programs that bring the United States senate to life and conversations like tonight that bring American History into focus. Partnerery proud to with the Massachusetts Historical Society on todays program. They are an invaluable resource for american life, history, and culture. All of us at the institute are proud together together a group of panelists for the Program Including our moderator, fred tice. He covers news related to politics in Higher Education at sincehere he has been 1988. Serving as a trusted source of tru
[inaudible conversations] we are going to get started. Thank you. Good morning. The hearing will come to order. I thank everyone for joining us this morning and i want to especially thank my colleagues for joining us today for the House Committee on business hearing the response to covid19. We have had a hard stop act once again. We will move as quickly as we can but should we not be able to accommodate every member in person today, we will be accepting statements for the record until thursday, april 30. This important hearing i want to mention the chairwoman has been in our thoughts and prayers we wish you nothing but the best as you recover. Small businesses and entrepreneurs play a Critical Role within the american economy. Not only do they employ half of the nations workers but created two out of every three new jobs in the nation. You only need to take the poll from main street america. It is demonstrated Small Businesses and employees and the Response Congress created with a Payc
Committee on Small Business member states, hearing on response, we had a hard stop, we could move as quickly as we can and could not accommodate every member in person today and we are accepting statements until thursday april 30th. Today is a chance for the committee to hear directly from members of congress about thoughts on the covid19 response for the next package to Small Business issues for the committee of jurisdiction. I would like to remind everyone we are practicing social distancing and taking other precautions for all in attendance. I appreciate your cooperation so that we can protect ourselves and our hardworking staff. Three weeks ago when congress created the Paycheck Protection Program we did so with the goal of providing a lifeline, the program experienced Unprecedented Demand and proven successful, helping more than 1. 6 million entities to support employees. As a result we will be replenishing the Program Later today. While we are moving quickly to provide an additio
Or at least number of cases and number of deaths appear to be slowing. Certainly in the new york area, new york metropolitan area. Neil across the country, by and large across the globe. That does not mean cases are still increasing. It is theyre not increasing as much. Like yesterday the markets are seizing on that. That is lifting pretty much all of the major s p 500 sectors. All 11 that weve been keeping an eye on here. That despite what youre seeing happening in americas busiest thoroughfare, what used to be times square in new york, the crossroads of america, has been all but tumbleweed territory but again a lot of what youre seeing shows that right now at least in the markets maybe there is a sense those roadways will be busier and soon. There is no way of telling. Blake burman is looking what does justify or will describe what gets people out of their homes and what the government is looking at, what the United States is looking at, what states are looking at, to sort of get goi
Reduced since the stay at home order has issued. You just heard from the San Francisco city officials and their latest response. Turning now to sacramento where the governor is expected to make a big announcement on homelessness and coronavirus. Lets listen in live. Mayor who is here. Kara larson from the county around the issue of homelessness. We are at a facility here in the sacramento area that currently has 30 individuals that were on the streets and in camps that were l motejust recently e street, to start the process of basically de de let me back up. To basically decompress and to address the risks of homelessness and the issues of coronavirus as it relates to the impact on the Homeless Population throughout the state. This has been a point of concern. A top priority since the crisis started to manifest. We are very pleased today with the partnership we have with fema, that we have with counties up and down the state of california that we have identified roughly seven thousand