Covid19. Were quickly, unfortunately, approaching 80,000 fatalities. Alongside this great crisis of Public Health, this shocking and heartbreaking loss of life, theres a looming economic catastrophe. There are now more than 30 million newly unemployed americans. Over a tenth of the population in the united states. The highest number since the great depression. Many believe this number underestimates the real total. Once this crisis is over, theres no guarantee that these millions of newly unemployed americans will be able to resume their old jobs. How many people will find new jobs . At what salary . Even the most optimistic scenarios predict a period of extended high unemployment. Others suggest were looking at the kernels of after second great depression. Here on the senate floor for the second week in a row, we are living in the alternative reality of the republican leader mcconnells making. He has scheduled no legislative business here on the floor related to covid19, none. No meas
Of life, theres a looming economic catastrophe. There are now more than 30 million newly unemployed americans, over onetenth of the population in the United States. The highest number since the great depression. Many believe this number underestimates the real total. Once this crisis is over, theres no guarantee that these millions of newlye unemployed americans will be able to resume their old jobs. How many people will find new jobs . At what salary . Even the most optimistic scenarios predict the period of extended high unemployment. Others suggest we look at the kernels of a second great depression. Here on the senate floor for the second week in a in a row were living in theep alternative reality of the republican leader mcconnell is making. He has scheduled the legislative business here on the floor related to covid19. None. No measures for the unemployed. No relief for renters are homeowners. No legislation to increase Testing Capacity. No proposals to state and local government
Legislative days to revise and extend their remarks and include extraneous material on the bill under consideration. The speaker pro tempore without objection. Mr. Neal madam speaker, i yield myself such time as i may consume. The speaker pro tempore the gentleman is recognized. Mr. Neal first, thank you. We are here today in these very trying and unprecedented times to act on an emergency interim funding package that i am pleased has strong bipartisan support. But we did not arrive here without significant efforts by our democratic colleagues. When we began negotiation was the senate, we were presented with an insufficient proposal that did not address the Public Health crisis that has now claimed the lives of nearly 48,000 americans. The measures that we fought for will now bring real leaf to the American People relief to the American People, and prioritizes resources to combat this virus. This means more funding for hospitals and Health Care Workers. It also means resources designat
The big apple housing bust how hard is new york City Real Estate being hit and if it will get any better anytime soon . It is wednesday, may 6 you are watching Worldwide Exchange on cnbc. Good morning, good afternoon or good evening. Welcome. Im Brian Sullivan thank you for watching here on Worldwide Exchange on wednesday morning. Here is how your markets and your money are setting up. Futures about 145 points on the upside parts of this due to reopening the economy. Remember this, the dow was higher a week ago before we started talking about reopening. More likely the move is that hedge funds now have the highest net exposure to stocks big tech, once again, the names you know, the faang stocks outperforming again yesterday. Oil is part of the story as well it tells the story of more demand down the road oil up again this morning. Now up about 30 in a week demand for gasoline is slightly on the rise. Production cuts for chevron and exxon and others coming faster than expected in the Un
Whose career has been marked by steadfast determination to expand Health Care Coverage for all members of the american continues to be a champion for the least, the last, and the lost who are part of the grip of this pandemic, madam speaker. The speaker pro tempore the honorable speaker of the house is recognized for one minute. The speaker i thank the entleman for yielding and i thank him for managing this important legislation on the floor of the house. Also commend him for the work that he did in the previous had. Lation that weve as has been acknowledged, this is the fourth bipartisan bill brought to the floor to address the coronavirus pandemic. This is a very important piece of legislation. To the floor with such heartache, with such sorrow bout those who have lost their lives and their loved ones, those who are suffering from the virus assault now and for those ho are in doubt about their economic situation. Its about the lives and the ivelihood of the American People. Thats wha