US. >> THANK YOU.
HOPE YOU’RE HEALTHY, STEPHANIE.
>> THANK YOU.
WE’RE NOW UP TO 33 MILLION
AMERICANS.
AMERICANS. >> YES.
>> YES. >> FILING FOR UNEMPLOYMENT IN
THE LAST SIX WEEKS.
AT THE SAME TIME, MANY OF YOUR
REPUBLICAN COLLEAGUES ARE SAYING
THEY WANT TO PUMP THE BRAKES ON
MORE AID AND THEY WANT TO ALLOW
THE FUNDS YOU’VE ALREADY GIVEN
OUT TO GET THROUGH THE DOOR.
WHAT DO YOU SAY TO THAT?
>> I SAY THAT IS SO WRONG.
WE HAVE A HUGE CRISIS HERE.
WE HAVEN’T HAD AS MANY PEOPLE
UNEMPLOYED SINCE THE GREAT
DEPRESSION.
DEPRESSION. STORES, BUSINESSES ARE CLOSING
ALL THE TIME.
MORE PEOPLE ARE BEING LAID OFF.
PEOPLE ARE BEING -- HAVE TROUBLE
IN EVERY WAY ECONOMICALLY.
WE NEED BIG, BOLD ACTION, AND
SPEAKER PELOSI AND I ARE WORKING
VERY CLOSELY TOGETHER ON PUTTING
TOGETHER A VERY STRONG PLAN
WHICH YOU WILL HEAR SHORTLY.
THE PEOPLE LIKE McCONNELL AND
McCARTHY AND EVEN TRUMP WHO SAY
LET’S WAIT AND DO NOTHING, WELL,
THEY REMIND ME OF THE OLD
HERBERT HOOVERS.
HERBERT HOOVERS. WE HAD THE GREAT DEPRESSION.
HE SAID LET’S WAIT IT OUT.
IT GOT WORSE AND WORSE.
WE NEED FRANKLIN
ROOSEVELTIAN-TYPE ACTION.
ROOSEVELTIAN-TYPE ACTION. LOOK, STEPHANIE, AFTER ALL, WE
PUT $4 TRILLION THROUGH THE
FEDERAL RESERVE AND THE TREASURY
SO LARGER CORPORATIONS COULD
HAVE A LENDING FACILITY SO THOSE
FINANCIAL MARKETS AND
INSTRUMENTS WOULD NOT CRASH.
WE’VE GOT TO HAVE THE SAME FOCUS
EVEN A STRONGER FOCUS ON THE
PEOPLE AT THE, YOU KNOW, THE
WORKING PEOPLE.
WORKING PEOPLE. THE AVERAGE PEOPLE WHO ARE
SUFFERING AS WELL AND NEED THE
SAME KIND OF BIG, BOLD, TOUGH
ACTION.
ACTION. WE CERTAINLY NEED MORE OVERSIGHT
ON THE CORPORATE SIDE BUT WE
NEED ACTION TO HELP AVERAGE
FOLKS.
FOLKS. WE’VE DONE SOME IN THE HOUSE AND
SENATE.
SENATE. WE HAVE TO DO A LOT MORE.
>> BUT, SIR, WITH ALL DUE
RESPECT, BEFORE WE GET NEW
MONEY, DON’T WE HAVE TO GET
C.A.R.E.S. ACT ONE STRAIGHT?
YOU SPENT NEARLY $3 TRILLION TO
DATE.
DATE. YOU CALLED THE NEW EXPANDED
UNEMPLOYMENT BENEFITS
UNEMPLOYMENT BENEFITS UNEMPLOYMENT ON STEROIDS.
AND THERE’S MILLIONS OF PEOPLE
IN THIS COUNTRY WHO ARE ELIGIBLE
FOR THAT MONEY AND THE COMPUTER
SYSTEMS DON’T EVEN WORK.
>> WELL, AND WE PUT IN -- ONE OF
THE PROBLEMS HERE IS THIS
ADMINISTRATION HAS NOT REALLY
EXECUTED THESE LAWS.
YOU KNOW, AS YOU KNOW, IT’S
CIVICS ONE, CONGRESS MAKES THE
LAWS, THE ADMINISTRATION
EXECUTES THEM.
EXECUTES THEM. WE PUT A BILLION DOLLARS IN TO
UPGRADE COMPUTER SYSTEMS AND TO
ADD MORE PEOPLE TO THE
UNEMPLOYMENT OFFICES.
UNEMPLOYMENT OFFICES. MY STATE OF NEW YORK IS DOING
THAT.
THAT. THEY’RE TAKING STATE WORKERS,
ADDING THEM, AND THE LIST -- THE
WAITING TIME FOR UNEMPLOYMENT IS
MUCH LOWER.
MUCH LOWER. WE’VE MADE IT A LOT EASIER THAT
PEOPLE CAN ATTEST TO HOW MUCH
THEY MADE.
THEY MADE. WE’VE ADDED MANY NEW PEOPLE, GIG
WORKERS, PART-TIME WORKERS,
FREELANCERS TO THE LIST.
AND SO THE STATES THAT ARE DOING
THIS RIGHT, IT’S REALLY WORKING
WELL.
WELL. WE NEED MORE FEDERAL HELP TO
THOSE STATES THAT AREN’T DOING
IT RIGHT.
IT RIGHT. AND THAT MEANS THE
ADMINISTRATION HAS GOT TO DO
MORE.
MORE. THE SBA ADMINISTRATOR NEEDS REAL
BACKING AND BOLSTERING.
WE ALSO NEED GUIDELINES TO MAKE
SURE THE SBA MONEY GOES TO THE
UNBANKED.
UNBANKED. THE PEOPLE WHO ARE NOT GETTING
THE HELP RATHER THAN THE BIG
BOYS.
BOYS. SOME OF THAT WAS EXPOSED.
I, IN FACT, WENT ON THE FLOOR
YESTERDAY WITH BEN CARDEN AND
SAID LET’S HAVE A COMPLETE LIST
OF WHO IS GETTING THE LOANS AND
WHO IS NOT GETTING THE LOANS.
OUR REPUBLICAN FRIENDS, WHO AS
YOU SAID, DON’T WANT TO DO
ANYTHING, BLOCKED IT.
>> BUT SENATOR, IT’S THE MEDIA
WHO IS EXPOSING IT.
AND IT’S CONGRESS WHO SET THE
RULES.
RULES. AND CONGRESS HAS BEEN
COMPLAINING FOR THE LAST TWO
WEEKS ABOUT THE BIG BOYS TAKING
THE MONEY THEY SHOULDN’T, BUT
THEY DIDN’T TAKE THE MONEY
ILLEGALLY.
ILLEGALLY. THEY TOOK THE MONEY THAT THEY
WERE ALLOWED TO TAKE.
DOES CONGRESS NEED TO, A, CHANGE
THE RULES AND THEN, B, FORCE THE
SBA AND THE TREASURY TO MAKE
THIS INFORMATION PUBLIC?
THERE IS NO RATIONAL REASON WHY
EVERY TAX I.D. FOR EVERY
BUSINESS AND COMPANY THAT TOOK
THAT MONEY TO NOT BE KNOWN BY
THE AMERICAN PEOPLE.
THAT’S OUR MONEY.
>> YOU’RE 100% RIGHT, AND THAT’S
WHAT I SAID.
WE WENT TO THE FLOOR YESTERDAY
AND ASKED THAT ALL OF IT BE MADE
PUBLIC.
PUBLIC. BEN CARDEN AND I AND THE
REPUBLICANS BLOCKED IT.
WE ALSO, IN COVID-35, JUST FOR
WHAT YOU’RE SAYING, THE VERY
PROBLEMS, THE ADMINISTRATION WAS
SUPPOSED TO PUT OUT GUIDANCE AND
SAY GIVE IT TO THE SMALL PEOPLE,
NOT THE BIG BOYS.
THAT WAS PART OF OUR
LEGISLATION.
LEGISLATION. THEY DIDN’T PUT OUT THE
GUIDANCE.
GUIDANCE. BUT WHAT WE DID IN COVID 35 IS
WALL OFF $125 BILLION THAT
CANNOT GO TO THE WELL-BANKED AND
HAS TO GO TO THE SMALLER
BUSINESSES, THE MOMS AND POPS,
THE BUTCHERS, BAKERS AND
CANDLESTICK MAKERS.
CANDLESTICK MAKERS. THAT MONEY IS BEGINNING TO FLOW
TO THEM BECAUSE WE MADE A
CORRECTION WHEN THE
ADMINISTRATION DIDN’T DIRECT THE
FIRST MONEY AS WE HAD INTENDED.
WE WALLED IT OFF.
THAT’S WHAT WE SHOULD HAVE DONE.
YOU’RE 100% RIGHT.
WE’RE STAYING VIGILANT IN DOING
EVERYTHING WE CAN.
McCONNELL JUST WANTED TO GIVE
ANOTHER $250 BILLION TO BE GIVEN
OUT THE SAME WAY THE FIRST
TRANCHE WAS GIVEN.
WE CHANGED IT AND NOW IT’S GOING
TO GET MUCH BETTER.
>> BUT THEN IN TERMS OF REAL
OVERSIGHT THAT YOU CAN WORK ON,
WHAT ARE YOU DOING?
WHAT CAN YOU TELL US ABOUT
WHERE --
WHERE -- >> GREAT POINT.
>> WHERE MONEY IS GOING.
>> OKAY.
>> OKAY. WE ARE TRYING TO DO OVERSIGHT.
WE ASKED LEADER McCONNELL TO
BRING IN, YOU KNOW, WE DON’T
CONTROL THINGS IN THE SENATE.
THEY DO.
THEY DO. BUT WE ASKED HIM TO BRING IN
MNUCHIN.
MNUCHIN. WE ASKED HIM TO -- ABOUT THE
FIRST QUESTION YOU ASKED.
WHERE’S THE MONEY GOING?
WE ASKED HIM TO BRING IN POWELL.
WE ASKED HIM TO BRING IN FAUCI.
WE ASKED HIM TO BRING IN BIRX.
AND THIS ADMINISTRATION IS
REFUSING TO LET ANY OF THEM
TESTIFY.
TESTIFY. THE HOUSE HAD FAUCI READY TO
TESTIFY.
TESTIFY. THE ADMINISTRATION PULLED IT
BACK.
BACK. NOW MEADOWS IS SAYING THAT HE IS
NOT GOING TO LET ANYONE COME
BEFORE THE CONGRESS WITHOUT HIS
OKAY.
OKAY. THAT IS WRONG.
YOU KNOW, THIS ADMINISTRATION,
STEPHANIE, HAS HIDDEN FROM THE
TRUTH OVER AND OVER.
THE PRESIDENT HAS HIDDEN FROM
THE TRUTH.
THE TRUTH. HE THINKS HE COULD HAVE MADE IT
GO AWAY BY JUST SAYING IT’S A
HOAX OR WHEN IT GETS TO BE
SPRING IT WON’T HAPPEN.
AND HE DOESN’T LET HIS PEOPLE
COME TELL THE TRUTH.
YOU KNOW WHAT THAT DOES?
THAT PROLONGS THE CRISIS.
UNTIL WE GET A HANDLE ON HOW
WE’RE GOING TO DEAL WITH THE
HEALTH ISSUE, ON HOW WE’RE GOING
TO REALLY DEAL WITH THESE DEEP
ECONOMIC ISSUES AS SHOWN BY
TODAY’S NUMBERS, WE’RE NOT GOING
TO ACCOMPLISH WHAT WE WANT TO
ACCOMPLISH, WHICH IS GETTING
AMERICA BACK TO WORK AGAIN.
THE TRUTH MATTERS, AND THIS --
YOU CANNOT HIDE FROM THE TRUTH.
DONALD TRUMP IS ACTUALLY HURTING
HIMSELF WHEN HE IGNORES THE
TRUTH BECAUSE HE’S PROLONGING
THE ECONOMIC CRISIS AND THAT
HURTS HIM AS WELL AS HURTING
AMERICA AND TENS OF MILLIONS AS
YOU’VE SEEN THE NUMBERS OF
WORKING PEOPLE.
WORKING PEOPLE. >> THEN WHY DID THE SENATE GO
BACK TO WASHINGTON THIS WEEK.
A PANDEMIC SHOULD NOT BE
POLITICAL.
POLITICAL. THIS WHOLE COUNTRY IS HURTING
AND THESE OVERSIGHT HEARINGS
THAT YOU’RE TALKING ABOUT, WE
EXPECTED.
EXPECTED. BUT INSTEAD THE ONLY THING I’M
READING ABOUT IS THE PRESIDENT’S
APPOINTEES GETTING CONFIRMED AND
JUDGES.
JUDGES. >> YOU WILL HAVE TO ASK MITCH
McCONNELL THAT.
McCONNELL THAT. AS YOU KNOW, STEPHANIE, HE
CONTROLS THE SENATE.
I WENT ON THE FLOOR OF THE
SENATE.
SENATE. THE FIRST DAY WE GOT BACK AND
SAID LET’S DO THE HEAR,S YOU’RE
TALKING ABOUT.
TALKING ABOUT. NO.
NO. WHAT DOES HE DO INSTEAD?
HE HAS A CRONY JUDGE FRIEND OF
HIS, HARD RIGHT, WHO, BY THE
WAY, SAID HE WANTS TO REPEAL THE
ACA, TAKE AWAY HEALTH CARE FROM
PEOPLE AT A TIME WHEN MANY
PEOPLE NEED HEALTH CARE.
THE ADMINISTRATION BACKED THAT
UP YESTERDAY WHEN THEY SAID
THEY’RE STILL GOING TO COURT TO
GET RID OF THE AFFORDABLE CARE
ACT.
ACT. THAT’S ABSURD.
THAT’S ABSURD. SO WE ARE PUSHING HARD FOR
OVERSIGHT AND BOTH THE
ADMINISTRATION, WHEN TRUMP SAYS
HE’S NOT GOING TO LET THE TOP
PEOPLE TESTIFY, AND LEADER