Massive local tax increases. Anyone of those alone threatens to make this economic crisis even worse and the combination of all three is almost unthinkable. The bureau of labor statistics just reported that state and local governments laid off nearly one million workers in april. That is almost one million firefighters, police officers, teachers, Emergency Personnel that should be on the front lines of the Public Health crisis but are sidelined instead. Chairman powell, let me start by asking, do you agree that our economy will get worse if state and local governments are forced to lay off even more firefighters, teachers, any and Emergency Personnel . Let me say what we are doing. We have a liquidity facility that is there to address the shortterm liquidity needs that these entities have because of their loss of revenue due to the effects of the pandemic. That is really the tool that we have. I appreciate that. That is not my question. States,ion is if counties, and municipalities con
And physicians are working round the clock countless our work to find these incredible situation. We do not know. These believe me and will last. I have 2 messages the 1st one is for the general population. Please state that hold. The 2nd message is full whether it wants to help others we are in desperate need of full of nurses and physicians. Also coming up tonight quarantined by a virus quarantine by our governments lack of action what coronavirus patients are telling us in the United States through the window. Liz byrnes blames the Us Government for not responding to the coronavirus threat quickly enough they could have done a lot more at the beginning. I think we should have learned from the pandemic that had happened in asia and we saw how other countries good morning very quickly and our forcefully. Went to our viewers on p. B. S. In the United States and all around the world welcome we begin today with the dead in italy 3405 that is todays official death toll from the corona vir
Most recent. 12 years today the father future of. Deep local news dot com africa there goes to. Give some clues to. The for. Volatility retains its grip on Global Financial markets Central Banks keep the stimulus coming to fortify economies against the coronavirus and the panic among Investors Companies and consumers on the spreads. Up in the air bosses in the travel industry. Could jeopardize the future of aviation that is unless the taxpayer is willing to fork out a lot of money. And an early spring heralds harvest time in germany but closures prevent the seasonal migration of workers. From Eastern Europe leaving some farmers in the lurch. Ive been for a place to Business Experts say theyve never seen anything like it for Financial Markets have gone crazy but this isnt a financial crisis a virus has spread around the globe countries are going into lockdown key economies coming to a standstill and volatility is setting in you can see the panic on oil markets the price plunging for 3.
I have to massachusetts the 1st one is for the general population. Pleats state that holds. The 2nd message is full of whoever wants to help us we are in desperate need of both nurses and physicians. Also coming up tonight quarantined by a virus quarantined by a governments lack of action what coronavirus patients are telling us in the United States through the window. Liz burns blames the u. S. Government for not responding to the coronavirus threat quickly enough they could have done a lot more at the beginning. I think we should have learned from the pandemic that had happened and asia and. Other countries more on it very quickly and our forcefully. Went to our viewers on p. B. S. In the United States and all around the world welcome we begin the day with the dead in italy 3405 that is todays official death toll from the corona virus pandemic it is a record high for any country in the world meaning italy today surpassed china in the number of lives that have been lost to the virus i
The 1st one is for the general population. Please state that hole. The 2nd message is full whether wants to help us we are in desperate need of both nurses and physicians. Also coming up tonight quarantined by a virus quarantine by our governments lack of action what coronavirus patients are telling us in the United States through the window. Liz byrnes blames the Us Government for not responding to the coronavirus threat quickly enough big could have done a lot more at the beginning. I think we should have learned from the pandemic that had happened and asia and we saw how other countries good morning very quickly and unfortunately. Went to our viewers on p. B. S. In the United States and all around the world welcome we begin today with the dead in italy 3405 that is todays official death toll from the corona virus pandemic it is a record high for any country in the world meaning if today surpassed china in the number of lives that have been lost to the virus it comes amid reports of