I also want to thank john c. Who is troubleshooting our online meetings and ellen mccue from the board staff who are assisting with the Public Comment line. Madame clerk, are there any communications . Yes, mr. President. During the covid19 Health Emergency, Board Members will participate through the Video Conference system to the same extent as if they were physically present in the meeting. Regarding the publics participation and to minimize any uncertainty around which items are accepting Public Comment, there are three public hearings on todays agenda. Two of which are expected to be continued. Item 10, the public hearing on Law Enforcement staffing and items 11 through 14, the appeal of determination of exemption from Environmental Review. Both items are expected to be continued to the near term. The public hearing that is expected to [inaudible]. Please utilize this information. We will also display it once those items are called. And please feel free to submit your written comme
We will take you to the basic news, and we will begin with , a call to help negate the academic Economic Impact of the coronavirus. Michael mckee joints me now with more. Theres a lot riding on the next 24 hours. Mike a rescue package for European Countries should be based on the european stability mechanism rather than joint bond issuance. And another idea is to set up another European Fund that would guarantee bank loans to Small Business. And finance ministers meet tomorrow to discuss a package and then possibly the leaders would decide on something on thursday. Thehe other of the world, japanese Prime Minister is announcing the largest similars package ever for the country. He says he will declare a state of emergency in tokyo. Is equivalent to of japan. Of the gdp the first phase would be support for households and businesses affected by the virus, shut down. The second would aim to look at trying to stimulate a vshaped recovery in japan. The plan includes cash handouts to househo
When it comes to the dow jones, boeing is the worst performer, proved to be a drag. The 10year yield, down slightly after the economic data. Back below 20 a barrel on crude oil. Itn the government saying may give producers money not to take oil out of the ground. The next backup about 41. Lets get some details from Abigail Doolittle on the markets. Abigail it is proven to be a choppy, volatile day. Small moves but nonetheless, up and down, as investors do with jobless claims, earnings. Hat last leg lower right around the time Governor Cuomo said that the shotgun for new york state would extend to may 15, a leg lower. Investors trying to figure out what is behind all the information for data, earnings, and the virus. Behind those moves up and down, distinct camps. Amazon up for the second day in a row, investors think that this company will do well in the shutdown. On the other hand, United Airlines plunging 10. 5 . Some viewing the bailout for the airlines as not enough to do anything
News from the holy oaks home. On sunday night, Lieutenant Governor, secretary and i first learned of the tragic situation that was unfolding at the holy oaks home. As of today, there are 13 confirmed deaths at the facility with at least six attributed to covid19. Someone who visited this amazing place on multiple occasions and found it to be a source of joy and grace and comfort and kindness for the residents their families and the staff that works there this episode is a gutwrenching loss that is nothing short of devastating to all of us. Our hearts go out to the families and the loved ones and the staff who have been so horribly impacted by this series of events. We have Public Health experts on the ground conducting thorough review of the Health Status of all the residents and staff there. We spoke to several members new team on the ground there this morning. Immediate steps have been taken such as implementing clinical command team and testing all patients and staff at the facility
Healths on the States Harris ofthen drew Thomas Jefferson university. Washington journal is next. Is next. Sweep for joe biden in tuesdays primaries in florida, illinois, and arizona. It raises the question of when Bernie Sanders might withdraw. Washington journal this is this is washington journal for march 18. We will talk about that and the latest in the coronavirus responds with a near trillion dollar package likely. For those in the eastern and central time zones, the line is 2027488000. The mountain and pacific region, 2027488001. If you are a medical professional, really appreciate on yourfrom you experience. That line, 2027488002. Tell us where you are texting from in your name and the line is 2027488003. At c on twitter it is cspanwj. And on facebook it is facebook. Com cspan. The president this morning saying for the people who are now out of work because of the important and necessary containment policies, the shutting down of hotels, bars, and restaurants, money will be com