FOR EMERGENCY, OR ELSE THEY WILL HAUL YOU IN JAIL.
WE’VE GOT THAT.
WE GOT BLAKE BURMAN AT
WHITE HOUSE WITH THE LATEST ON
STIMULUS AND A LOT MORE TO COME
OUT OF WASHINGTON.
BLAKE WHAT ARE YOU HEARING?
REPORTER: HI, NEIL.
THE FEELING AMONG DEMOCRATS AND
REPUBLICANS THAT THIS DEAL IS
VERY CLOSE, WITHIN REACH,
PROBABLY GOING TO BE POTENTIALLY
I SHOULD SAY BE ANNOUNCED IN THE
UPCOMING HOURS.
UPCOMING HOURS. IN FACT CHUCK SCHUMER, TOP
DEMOCRAT IN THE SENATE SAID A
LITTLE WHILE AGO, LAST NIGHT IF
THEY WERE ON THE FIVE YARD LINE,
USING FOOTBALL REFERENCE, THEY
FEEL LIKE THEY ARE ON THE TWO
YARD LINE.
YARD LINE. SENIOR ADMINISTRATION OFFICIAL
TELLING FOX EARLIER THIS
MORNING, AS OF THIS POINT, THIS
IS WHAT ALREADY HAS BEEN
NEGOTIATED AND AGREED TO BY BOTH
SIDES.
SIDES. PRETTY BIG-TICKET ITEMS.
INCLUDES RELIEF FOR HOSPITALS,
UNEMPLOYMENT INSURANCE WE WERE
TALKING ABOUT, TAX BREAKS AND
DEFERRALS, DIRECT PAYMENTS TO
INDIVIDUALS AND FAMILIES.
I’M ALSO TOLD THERE IS AN
AGREEMENT ON OVERSIGHT FOR HALF
A TRILLION DOLLARS HEADED TO
LARGE CORPORATIONS.
LARGE CORPORATIONS. THE PACKAGE ALSO INCLUDES MONEY
FOR AIRLINES AND SENIOR
ADMINISTRATION OFFICIAL SAYS
THAT WILL INVOLVE THE LEADERSHIP
FROM THE AIRLINES, EITHER
CHOOSING A LOAN FACILITY PROGRAM
OR A GRANT OPTION, WITH
CONDITIONS LIKELY ATTACHED TO
BOTH.
BOTH. THAT OFFICIALS SAYING QUOTE,
AIRLINES HAVE THREE CHOICE THE
RIGHT NOW, LOAN, GRANT,
BANKRUPTCY COURT.
BANKRUPTCY COURT. SO THEY GET TO PICK THEIR
POISON.
POISON. BACK HERE AT THE WHITE HOUSE,
NEIL, THERE IS RENEWED TALK
ABOUT POTENTIALLY OPENING UP THE
ECONOMY OR REOPENING UP THE
ECONOMY.
ECONOMY. PRESIDENT TRUMP ONCE AGAIN
FUELED THE CONVERSATION WITH
THIS TWEET EARLIER THIS MORNING,
WRITING QUOTE, OUR PEOPLE WANT
TO RETURN TO WORK.
THEY WILL PRACTICE SOCIAL
DISTANCING AND ALL ELSE.
SENIORS WILL BE WATCHED OVER
PROTECTIVELY AND LOVINGLY.
WE CAN DO TWO THINGS TOGETHER.
THE CURE CANNOT BE WORSE BY FAR
THAN THE PROBLEM.
CONGRESS MUST ACT NOW.
WE WILL COME BACK STRONG.
REMEMBER, NEIL, STATE LEADERS,
STATE GOVERNORS MAKING DECISIONS
WITHIN THEIR AREAS ABOUT ALL THE
DIFFERENT RESTRICTIONS WE’RE
SEEING ALL ACROSS THE COUNTRY.
SO I ASKED LARRY KUDLOW EARLIER
THIS MORNING, WHAT COULD THE
FEDERAL GOVERNMENT ACTUALLY DO,
WHEN IT COMES TO REOPENING THE
GOVERNMENT?
GOVERNMENT? REOPENING THE ECONOMY, RATHER?
THIS WAS HIS RESPONSE.
>> GUIDANCE PROBABLY THE BEST
WAY TO PUT IT AT THIS STAGE.
GUIDANCE, WE DON’T EXERCISE
MONOLITHIC AUTHORITY.
MONOLITHIC AUTHORITY. WE’RE TAKING EMERGENCY MEASURES.
WE’RE WORKING TOGETHER ON THIS I
HAVE TO BE VAGUE RIGHT NOW, THIS
IS JUST AN IDEA THAT IS
BEGINNING TO BUILD.
REPORTER: A WEEK AGO, NEIL, IN
THE 15-DAY WINDOW THAT THE
PRESIDENT AND CDC PUT FORWARD ON
15-DAY GUIDANCE, SOCIAL
DISTANCING, STAY AT HOME FOR
WORK, ET CETERA, THIS IS
INTERESTING, LISTENING TO THE
GOVERNOR, GOVERNOR CUOMO OF
NEW YORK, WHO HAS BEEN MAKING
PRETTY MUCH THE SAME ARGUMENT
THE WHITE HOUSE IS STARTING TO
LAY OUT, PUBLIC HEALTH AND
ECONOMIC HEALTH AS LARRY KUDLOW
PUT IT TODAY CAN WORK TOGETHER.
THE GOVERNOR OF THE NEW YORK WAS
MAKING A CASE LITTLE WHILE AGO,
WHILE IT IS IMPORTANT TO LOOK
AFTER THE ELDERLY, LOOK AFTER
THE VULNERABLE BECAUSE OF
CORONAVIRUS THAT CAN ALSO WORK
IN LOCKSTEP WITH REOPENING THE
ECONOMY FOR SOME OTHER MILLIONS
WITHIN THAT STATE AND AS THE
WHITE HOUSE IS STARTING TO SORT
OF HINT AT, MILLIONS ACROSS THE
COUNTRY AS WELL.
NEIL?
NEIL? NEIL: YOU DREW AN IMPORTANT
DISTINCTION BETWEEN WHAT THE
GOVERNOR IS SAYING WHEN PUSH
COMES TO SHOVE, PUBLIC HEALTH
AND PROTECTING THEM.
PRESIDENT, SOMETIMES YOU HAVE A
SITUATION WHERE THE CURE IS A
LOT WORSE THAN THE IMPACT OF THE
CORONAVIRUS.
CORONAVIRUS. SO HAVE YOU GOTTEN ANY HINTS?
I THINK THIS 15-DAY UP TO YOUR
POINT, NEXT TUESDAY OR THAT THE
PRESIDENT WILL EASE
RESTRICTIONS?
RESTRICTIONS? >> THE HINTS ARE COMING FROM THE
PRESIDENT AND LARRY KUDLOW
THEMSELVES.
THEMSELVES. WHEN YOU LOOK AT NEIL,
EVERYTHING THEY HAVE SAID OVER
THE LAST COUPLE DAYS, VERY
PUBLICLY AS WELL.
THE GENERAL CONSENSUS IS, THEY
WILL LET THIS 15-DAY WINDOW PLAY
OUT T WAS INSTITUTED LAST
MONDAY.
MONDAY. SO EIGHT, NINE DAYS AGO, HOWEVER
YOU WANT TO CALCULATE IT.
THE END OF THE MONTH WAS THE
BEST GUIDANCE I WAS GIVEN WHEN
IT WOULD END, 30th OR
31st.
31st. THE PRESIDENT AND KUDLOW ARE
SAYING, LOOK, THEY’RE LOOKING AT
IT, THEY’RE THINKING ABOUT IT,
AS LARRY SAID THERE THEY CAN PUT
FORTH THE GUIDANCE.
THE QUESTION WHAT HAPPENS AFTER
THAT AT THE STATEWIDE LEVEL.