For a second Coronavirus Task force briefing led by the president. Like the one yesterday, this, too, will be held in the 5 00 hour. This one set to begin at 5 30, a reminder before reviving those briefings, the administration had gone nearly a week without a president ial event even focused on the virus. On capitol hill, negotiatation continue to be focused on the coronavirus, and even a deadline for the package dominated discussions between the president and republicans. Its interesting, we did learn in the last hour Mitch Mcconnell is thinking of a temporary extension of Unemployment Benefits while they negotiate Everything Else. On friday, a federal moratorium on evictions will expire. When and if it does, 12 million americans across the country unable to pay their rent will be at risk for homelessness. Let me bring in my coanchor for the hour, katy tur. Congress is not going to meet these deadlines, theyre just not. Im curious of how were going to handle this sort of uneasy no man
What is left of detroit. Pension fund, union and debtholders scrambling for their cut after the city declared itself bankrupt. But what is happening in detroit may not stay there. It could have big implications for the rest of us. With us now from the Frontline Strategy company and with yard advisors. I am going to start with you, this is one of the most talked about bankruptcies before it even happens and certainly the largest that happened not too long ago. What do you make of this . It is a tale of two cities if you dont mind me. Stockton was a perfect storm of a very intense time of overspending, overpromising and under developing where detroit is a systematic breakdown of what would have been progressive policies in the social agenda front. I grew up south of detroit in ohio, went to the city on a regular basis. It was a magnificent place. To see it deteriorate or you have a huge pension obligations, the fact the tax base has left metropolitan area, building up over the last 15 to