Transcripts For FOXNEWSW The Story With Martha MacCallum 202

Transcripts For FOXNEWSW The Story With Martha MacCallum 20200313

Corner on this virus. Martha those are the measures that are being taken tonight as the number of cases here in the United States now over 1600. 137,000 cases worldwide. Just shy of 70,000 people have already recovered from the virus. It impacts almost every aspect of everybodys life tonight. So how are we doing . How long is going to take . And how long can americans stay home . Thats the big question. So the lockdown in italy may be starting to have an impact. Singapore, more authoritarian route has actually been successful. So what can we learn from both of those . We will look at all of that tonight appeared in a straightforward manner seeing what we can learn and knowing that sacrifices will have to be made on the part of every american to make this work. From the workplace to our School System to how many people we can gather with, our president ial elections even being affected. As primary voting in at least one state is likely to be postponed. Tonight we are waiting action from congress. A deal has been reached as we understand it on a package for relief. So as we a rate that vote, greg abbott is standing by, declaring the state of emergency phillips is also here, though she was involved in treating the first known domestic case of coronavirus and one of the hospitals that she oversees, and she is here to sort fact from fiction for a spread we start with Mark Meredith live in washington tonight with more on the National Emergency declaration that happened today. Hi, mark. President trumps Emergency Declaration frees up at least 2 billion in disaster funds and is designed to eliminate red tape in an effort to let states respond faster to covid19. We heard from the president himself late this afternoon. We will defeat this threat. When america is tested, america rises to the occasion. And to those families and citizens who are worried and concerned for themselves and their loved ones, i want you to know that your federal government will unleash every authority, resource, and tool at its disposal to safeguard the lives in the health of our people. The white house as it is working with google to create a web portal for concerned americans. The Administration Working with some of the chains like target, walmart, and cbs on establishing drivethroughs testing sites. The government freezing Interest Payments on Student Loans and increasing contributions to the petroleum reserve. That is the white house, now to capitol hill within the last hour. House Speaker Nancy Pelosi announcing democrats have reached a deal with the Trump Administration on a funding bill to address covid19. The bill includes many measures including addressing paid emergency leave and increased funding for medicaid put the house is expected to vote on the measure soon. The senate possibly next week. The president s comments were welcomed on wall street, all three indexes closing sharply higher today after a roller coaster week of trading. The dow jumped to 9 , up nearly 2,000 points today. Thats a good news. Now to the bad news, the number of cases worldwide, 137 files and when it comes to the coronavirus. The latest status of deaths worldwide over 5,000, in the u. S. Stretching above 1600 cases coming in the number of deaths in the u. S. Is 47 and growing within the last hour, colorado reporting its first death from the virus. President trump says he will be tested for the virus soon, but has not and get hated indicated when that will have been paid he has no symptoms, but will be tested just to be safe. Sunday is a national day of prayer in the wake of the virus. Martha mark, thank you very much, Mark Meredith. Texas has 42 confirmed cases of the coronavirus. And among several states as a state of emergency. Greg abbott joins me now, governor, good to have you with us tonight. Governors obviously are on the front lined in all of the states across the country as you try to manage and address what is going on. What were you happy with what you heard late out at the white house today . How will it make a difference for texas . Todays announcement was good and positive in a lot of ways, including the money that will be appropriated to help states respond to this. One of the most important things a president talked about was the additional money to provide for more testing kits. What texas has already begun his ramp up our testing capabilities and set up ten state laboratories around the state to conduct the test of so that we do not have to send them to the cdc. We have now begun the process of drivethrough testing facilities. The first one in san antonio, and the other one will be opened up the next week or later. We are ramping up our testing capabilities. To the funding will help us test more. Martha how does that work . Do one of the drivethrough coming you are a great sort of example of how this makes it look across the country. Can anyone drive up into that line . And how long does it take to get to the results . At the beginning, there are priorities about who will be able to get the testing. The most vulnerable population, which as you know are the seniors. The Health Care Administrators who administer the test, we need to make sure that her nurses and doctors are healthy to treat these people. And we need to find out whether or not they are contracting covid19 by interacting with these patience. So those will be the folks on the frontline getting the test. We will be able to expand it even further with the funding provided today by the president. Martha obviously the testing has been the biggest hurdle in all of this, and i hope that we will see these drivethrough areas as well is next week as we heard today, getting rolled out very soon. Its interesting that we hear that texas is already starting it. Heres Governor Cuomo of new york today talking about the consequences of closing schools. This is a big issue. Watch this. Schools also run food programs for many students. You close schools, now what do you do with those children who are home all day . You close schools coming in on parents who cant go to work. You have parents who are working in Health Care Facilities who cant go to work. So it is not that easy. Martha because we dont have data on this, it is new, we dont know if kids actually might be safer in school than they are if they are at home. What is your take on this . Well, what Governor Cuomo was saying is exactly right. There are a lot of ad on consequences to closing schools. Let me tell you something to put in context, and that is before coronavirus even existed in texas, we had closed 50 schools in texas this year for the regular flu. So this happens every single year. This should be done as Health Care Authorities think that it should be done. But it automatically is not necessarily just closing a school because some of you may be afraid of the virus. Martha are you closing schools in texas . Some have been closed here in the state of texas. The way that we do it in texas is the superintendent of the school or work in conjunction with local Public Health officials in the Texas Education Agency to make that decision. They are made at the local level. Martha will they go to Summer School . There is a lot of learning loss, how do you make up for that . We are working on different strategies to accommodate those needs. Part is that they may not be closed for long. There are Distance Learning opportunities over the internet that are being tested out. So there are different strategies based upon different locations in the state. To be on a complicated issue. Governor, thank you. Always good to see you. We wish you the best of luck in texas and everywhere else. My next guest oversees Clinical Care for 51 hospitals in the United States including the hospital that treated the first known domestic case of coronavirus. Dr. Amy compton felixs chief clinical officer for providence st. Joseph health. One of the Largest Health care systems. Its great to have you with us this evening, dr. Compton phillips. The first question is what are you seeing across your hospitals in this case is and what is your read on where we are in the curve here . Thank you for asking. We actually are seeing a significant uptick in the number of cases. And we expect to continue to see that for the next couple of weeks, because we know that it takes a while once people get exposed to start develop symptoms, and then for those symptoms to get severe enough to actually start seeking health care. We expect even if we stopped all transmission today for the next two weeks we would continue to see the uptick in cases. So we know that we are still on the steep part of the curve. But by declaring the emergency and by having people stay at home and do social distancing, we hope to have that curve level off within the next month. Martha that is such an important message. Obviously everyone is trying to strike a balance between living this freakishly abnormal existence, and to doing what we have to do. But what would your message be to people in terms of what they need to do . Stay home, dont go to tell them what they need to do. So my message is prepare, dont panic. And that actually maybe this will be a gift of time for everybody to slow down and smell the roses, its going to be a long spring, and reconnecting with the Simple Pleasures of being at home i think its going to be a challenge for everybody across the country. Martha were you surprised, because we are all trying to practice social distancing, no hand chinking. Were you surprised to see the president and the rose garden today shaking hands and everybody standing so close together . All the press of course its all close together too. When the message is the opposite of that . I can tell you that it is incredibly hard to break a lifetime of habits just because somebody sends out an email or makes an announcement that our whole behavior is supposed to change. You know, every time you walk into a room with new people you reach out your hand. That is the way that you have been taught your whole life. So we need to help each other, right, when you walk into a room, offer that elbow bump or the foot tapped. It is tough. Martha hears the president responding to whether he will be tested paired watch. Are you being selfish by not being tested and potentially i did not say that i was going to not going to be tested. Not for that reason, but i think i will do it anyway. We are working out a schedule. Martha obviously the president interacts with so many people and apparently one of the people who were next to him in a photo has tested positive. Should he be tested . You know, we actually have a tool. Google is working on building one. We have one on our website that helps people go through a list of do you have symptoms, have you been exposed . It can help people make the decision. The president as a person, understanding his exposure and if he has symptoms can decide whether he should get tested. Because we do know if people are tested and they have not developed symptoms yet, even if they do have the virus, they might not have sufficient virus to turn the test positive. So you can get a false negative without symptoms. Martha good point. With regard to the icu units and ventilators, we have sort of a unsatisfying conversation last night with one member of the team, the White House Team in terms of getting answers on this. But you said the numbers are going to continue to accelerate. In your Hospital System of 51 hospitals across three states, do you have enough ventilators for what you anticipate will be the need to care for all of those people who will need that care . We are definitely worried about it. We are making plans in case we do not. And so those plans include working with all the other Hospital Systems in the state of washington. Working with the Public Health authorities, and if we need to we are already starting early conversations with the National Guard in the military saying if we get into an instance where the numbers continue to go up and that we have a significant number of people at risk for respiratory failure, we are going to make sure that we have the machines and the capacity to take care of people. Martha it is obviously an an a concern, i think you two acknowledge the concern and doig what you can to alleviate it. Thank you very much, dr. Comptonphillips. Thank you for having me. Martha everybody be well thought out well in your neck of the woods, the market to bounce back considerably today, does that mean the roller coaster ride is over . Probably not. Charlie gasparino is going to join us coming up next. At s why i like liberty mutual. They get that no two people are alike and customize your Car Insurance so you only pay for what you need. Almost done. What do you think . I dont see it. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. From anyone else. So why accept it from your allergy pills . Flonase relieves your worst symptoms which most pills dont. Get allinone allergy relief for 24 hours, with flonase. Looking to repair dry, which mosdamaged hairt. Without weighing it down . Try pantene daily moisture renewal conditioner. Its colorsafe formula uses smart conditioners to microtarget damage helping to repair hair without weighing it down. Try pantene. Martha the economy as the other huge part of this story. And rallied considerably after the president declared a state of emergency after the pandemic, the dow up 2,000 points. Mirror image of what we saw yesterday, that was welcome news to everybody in the market. We took a huge hit on thursday and the worst selloff since the crash of 87. Heres a look at the week. This is what the week looks like. And since President Trump was elected. So yeah, not bad. While the markets are volatile, the hit to american businesses as the other huge side of the story prayed here to talk about it tonight Charlie Gasparino is back. So what did you make of what happened today, charlie question marks because the markets had donald trump in the Trump Administration of the white house is finally, finally getting his hands around this. It was a sigh of relief. That does not mean that we are going back to the old days tomorrow. I think that there will be more volatility. Some of this you should know what is really enthusiasm that the Trump Administration has taken into concern. You have the fed involved, they will probably take Interest Rates on the short and up to zero. Martha meeting next week. Wednesday, so monday, tuesday, or wednesday. So a lot of people pressing that into the markets. Obviously spending 50 billion on this thing is a lot of money. And the notion that he is getting his hands around it. The white house is starting to do stuff, kits that will be available next week protesting. All that helps the markets. My one sort of concern is a massive buy back during the speech. You had the feeling it was what is known as short covering. People going negative and then you have to cover your position so that you buy stocks. It is not really a total vote of confidence. But this was a good speech. A good response. The markets like it. Again, be cautious, we still, heres the reality. Why do stocks go up or down . Stocks go up or down based on gdp and how gdp affects corporate earnings. If you think gdp is going down, you had other guests talking about recessions. Therefore you have lower corporate earnings, stocks have to reprice and is probably going to be down. So i think that that is the longterm prognosis here. If we can get our hands around it fast, it will bounce back faster. If we cant, it is a long slow trek. Martha they are so Many Companies that are going to take a huge hit. Because you look at the massive, the massive contraction of just lifestyle, right, you talk about going to a restaurant nearby that is always packed in new york city, empty. You can walk in. I went to a couple of places in my town the other morning, walking into practically everything empty. Theres no way that does not have a Ripple Effect through all the economy. Youre right about that, but a lot of people buy and, some companies will do very well. Im going to go home this night and this weekend and watch netflix. Im not crazy about netflix as a stock it, because they have earnings and some financial issues, but that stock is going to do well. It has to. Martha what about amazon . Everybody wants to stay away from the malls in the stores, even people who have not cross that bridge yet and become total amazon shoppers might be going that way. They are in the index. So remember you can buy a basket of stocks, diversify. I dont see listen, we have a lot more to go. I dont want to scare people. I dont want to tell people to go in and buy the market. Martha people should expect a lot more volatility. It is just to be realistic here. Listen, ive always said this and some people get on my case for saying this. You showed that chart of how well you did with the term markets, it aint a bad time if you rode that market up, take some off the table. Have a little cash cushion. You dont have to be total cash, 30 percent in cash, the stuff gets cheap, that is prudent investment. Martha thank you, charlie, always good to see you. Go home. Martha coming up next we go live to capitol hill where Speaker Pelosi Just Announced a deal with the white house on an emergency Coronavirus Relief package. Chad pergram is going to tell us what is in the package could also joining us, matt gaetz, just out of self quarantine, self

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