Committee on Small Business member states, hearing on response, we had a hard stop, we could move as quickly as we can and could not accommodate every member in person today and we are accepting statements until thursday april 30th. Today is a chance for the committee to hear directly from members of congress about thoughts on the covid19 response for the next package to Small Business issues for the committee of jurisdiction. I would like to remind everyone we are practicing social distancing and taking other precautions for all in attendance. I appreciate your cooperation so that we can protect ourselves and our hardworking staff. Three weeks ago when congress created the Paycheck Protection Program we did so with the goal of providing a lifeline, the program experienced Unprecedented Demand and proven successful, helping more than 1. 6 million entities to support employees. As a result we will be replenishing the Program Later today. While we are moving quickly to provide an additio
Who communicate effectively and seem to know what theyre trying to do. Nobody has all the answers about coronavirus but people look for leaders who know what they would like to do. Lets start off with new york. Where does new york stand right now in terms of the numbers and in terms of its trajectory. Well, the good news is we have shown that we can control the spread of the virus, right. Which people take for granted now. But i wasnt always so sure. We could have taken all these measures, closed down, stay home, and we without have seen that spread continue to go up. That would have been a really frightening place. But that was a possibility. We showed that we can control the spread. It went up, the so called plateau was hit, a flat spot and now we are on the downside of the plateau. The question is how fast is that decline and how long does it take to make the decline. We have about 1300 People Per Day new diagnose cease coming into the system. We lost about 474 people yesterday. Whi
Of the class teaching the kids online or not and thats why he is saying lets why wait around why wayne so the fall, lets go ahead and close this deficit by he calls and get them back in school late july or early august, the governor says. Hes just floating the idea i talked to one parent this morning who was jogging and she was caught off guard by this it seems like shes not too happy about it because many people have already wrap their minds around the idea that at the very least the kids will have summer and then possibly start school a little bit later maybe late september early october to try to get their mind around this and its not just the parents james and ari a lot of School Districts are saying the same thing like thats not own up time for them to start planning not just for the kids but for the teachers to rearrange their classrooms. But the governor says just hold on a little bit lets take a deep breath. It is just something thats being put on the table. We are considering
People who are frontline workers in a very difficult situation, are very low paid, are mostly people of color. I used to call them and i still consider them the heart and soul of opeiu. These are people, a lot of them who have formerly been homeless and worked themselves up. And then read the paper and see what was in msc south, which was horrible and disgusting. And they had to shut that down. They all want to be tested. And each of them who are working today deserves an incentive pay. I cant urge you enough to make this a consideration, frontline workers are frontline workers and these people need the frontline workers support as much if not more than the rest of the workers. Thank you very much. Supervisor fewer thank you very much. Next speaker, please. You have seven questions remaining. Hello, speaker. Hi. Im cochair of the Housing Providers network and codirector at fish, the Supportive Housing. Thank you for hearing this item. And to you and the controller and the budget direct
Spread widened out. Thursday in terms of the eu, and theres going to be clashes about whether or not we see joint debt issuance. Vonnie we will speak to maria tadeo about that in just a few minutes. In the u. S. , we are seeing equities dragged lower by oil, down almost 40 at one point, and back there again now. We are trading at 10. 85 for a barrel of wti. It is really insane levels of trading. The contract expires tomorrow. Vix trading at about 40. One stock to point out, united airlines. Obviously, the airlines having a terrible time of it. It is talking about topol revenue in the First Quarter about total revenue in the First Quarter down 17 . It will get 5 billion through the payroll protection programs, but it is just one of the airlines having a hard time. Right now, homebuilders are the worst performers in the s p 500. Guy lets get back to that board we were showing you at the top of the program, the price of debbie ti crude of wti crude trading 10 a barrel. That is the lowest