Visit Business Insider's homepage for more storiesSenate Democrats plan to urge President Donald Trump to declare a national emergency in response to the coronavirus outbreak, which has sickened more than 1,000 in the US.
The move would allow the Federal Emergency Management Agency to use roughly $40 billion of the Disaster Relief Fund to assist state and local governments as they attempt to contain the respiratory illness COVID-19. Congress approved last week an emergency spending package, injecting $8 billion into efforts to combat what the World Health Organization has officially labeled a pandemic. The House was expected to soon unveil a second bill designed to address the outbreak's effects on the US economy, through policies like paid sick leave.
They should say no business can cut jobs from slow down! That will save jobs-
And all the $40 billion will disappear down the rabbit hole?
fakenews = fakemoney. X = Y. The more X, the more Y the federalreserve must create. The more Y you create, the more Z costs. The more that Z costs, the more you become a debt slave everyday.
For hotels only?
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Trump slams 'pathetic, slow moving' Federal Reserve as the coronavirus hits the US economy - Business InsiderEven before the outbreak, Trump repeatedly called for more aggressive measures including quantitative easing and negative interest rates. We slam a clueless buffoon as President. He's a complete joke. Worst President by far and there is tremendous competition for that title. They should be making meals specifically designed to boost the parts of the body the Coronavirus effects and adding non-psycho inducing hemp, aloe vera, marshmallow root etc. also that needs to be growing in Mass amounts and I takes time so they also need to disinfect the streets EVERYTHING to him is transactional. Cut the Fed rate, tax cuts..NONE of which directly impacts our ability to respond to a potential crisis. But protecting people's pocket books is paramount?!
Source: BusinessInsider - 🏆 729. / 51 Read more »