This is boom bust the one business show you cant afford to miss in washington coming up lawmakers in the u. S. Are preparing a fresh round of hope and i think relief as the economy faces the greatest challenge in decades straight ahead were going to take a look at the state of stimulus talks and how the nation stacks up against others and later well break down the economic toll the pandemic has caused on businesses as the u. S. Has seen record at retail closures with a packed show today so lets dive right in. And we lead the program here in the United States is House Democrats have released a 2. 00 trillion dollar coronavirus alif package which they claim would restore 600. 00 weekly jobless benefits and provide another round of stimulus checks to. Most americans now the plan released monday evening is a last ditch effort to revive stalled stimulus talks with the white house Many Republican and democratic lawmakers have pushed for another round of economic stimulus for months but have
Stimulus for months but have remained far apart on the amount necessary to combat the pandemic so lets waste no time and bring in towson investigative journalist ben swan and tobin smith c. E. O. Of transforming research to discuss thank you both for being here ben i want to get right to you here since lawmakers from both sides have been saying for months that another round of stimulus is needed why are they so far apart on the details. Or is the cost of this whole thing i mean democrats of come down a little bit this latest you know bill that they put forth about 2. 00 trillion dollars thats about a trillion dollars less than where they had been so there are some compromise there hard to believe that 2. 4 trillion is a compromise but lets take a look at some of the things they want to do here because obviously this includes as you said a new round of 600. 00 stimulus checks but on top of those that new out of 600. 00 stimulus checks comes another round of 1200. 00 stimulus checks for
Rounds of testing as well and they were talking about Contact Tracing as well as cobra testing so listen theres a lot in here they also by the way want to add billions more in rental and mortgage assistance into this so look a lot of these things the republicans have agreed to in principle but some of these things they dont want to do they dont like the size of the checks that are going out p. P. P. Loans they agree with but more money into education maybe not so theres a lot of details to be worked out here. How important is it for some kind of relief package to actually get passed here and do you see democrats going too far or really not far enough. Well remember you said they started at 3 to have trillion dollars i mean you have to put this in context. Were still in this emergency so you cant save everybody i mean yelp just came out yesterday and said almost 60 percent of the Retail Stores that they work with around the United States have closed permanently now that business we cant
States is House Democrats have released a 2. 00 trillion dollar coronavirus alif package which they claim would restore 600. 00 weekly jobless benefits and provide another round of stimulus checks to most americans now the plan released monday evening is a last ditch effort to revive stalled stimulus talks with the white house Many Republican and democratic lawmakers have pushed for another round of economic stimulus for months but have remained far apart on the amount necessary to combat the pandemic so lets waste no time and bring in towson investigative journalist ben swan and tobin smith c. E. O. Of transforming research to discuss thank you both for being here ben i want to get right to you here since lawmakers from both sides have been saying for months that another round of stimulus is needed why are they so far apart on the details. Or is the cost of this whole thing i mean democrats of come. Not a little bit this latest you know bill that they put forth about 2. 00 trillion do
The eastbound side is also closed at state route 267 for crews to get crew and equipment into the area. 650 acres have burned. Cal fire is helping out with the water drops. Chp says that the fire is now 10 contained. Theres no estimate time of reopening the freeway. Traffic is heavy in the area. Chp crews are directing cars around the area as the fire reaches the road. They are trying to protect wildlife, like this deer, to stay safe. We are also getting new information about the damage left behind by the wall fire burning near oroville. At least 41 homes have been destroyed since the fire started last friday. More than 4,000 people have been ordered to evacuate. But some have since been allowed to return home. That fire has burned nearly 6,000 acres. It is now 45 contained. To washington now, where donald trump, jr. , is releasing new details about his meeting with a russian lawyer last year. He calls the investigation into it nonsense. Mola lenghi from the white house. Reporter donal