States have been involved from the beginning but we are stepping it up as much as we can and the testing procedures are going well. Within a short time, the private labs will kick in. It has never been done before and i think it will be incredible if it is done properly. These are great companies, the greatest companies in the world. The states are going to be dealing through themselves and local government, local physicians, local everybody. They are also dealing with us, but we have a tremendous testing policy. Ofare announcing a expansion medicare telehealth. Medicare patients can visit a video without additional cost using facetime and skype. This has not been done before either. Telehealth services for patients , the patient is not seeing the doctor but they are seeing the doctor so there is no getting close. During this time, we will not ipaarce applicable hui penalties. They will not be enforced. We encourage everyone to max if i was use of telehealth to avoid the spread of the virus. Used on a scale like we are going to use telehealth. They are going to better maintain Hospital Capacity by doing this. Earlier this morning, i spoke with executives from americas fast food industry, wendys, mcdonalds, all of the big ones, burger king. They were great. Talking about the pickups in light of yesterdays guidance, to avoid eating or drinking in bars, restaurants, or food courts. We talked about the Important Role the drive through and Delivery Services can play. They have been fantastic and have been doing it already, but they are keeping it open. Are verytaffs, they capable people incapable companies, and they are doing pickups people and capable companies, and they are doing pickups. It is a 15 day period. Now i would say it is a 14 day period. We are asking everyone to work at home if possible, postpone travel, and limit social gatherings to no more than 10 people. By making sacrifices and temporary changes, we can protect the health of our people and our economy. I think our economy will come back rapidly. If we do this right, our country and the world frankly, but our country can be rolling again pretty quickly. We have to fight that invisible unknown, butguess we are getting to know it a lot better. The senate has taken up coronavirus legislation including free testing for those who need it and free sick leave and family medical leave for those affected by the virus. Getting Small Businesses support. With the fast food operations, we spoke to chairmans and ceos and one thing we discussed is getting Small Businesses support and flexibility that they need for themselves and their workers, and that is being worked on right now. At my direction, secretary mnuchin is meeting with senators on additional stimulus packages. He was meeting with them late into the night last night and for a big part of the day yesterday. Tremendous things are happening. Great spirit, tremendous spirit, and i can say that for republicans and democrats. I can say that with respect to Governor Cuomo. We had a great talk is morning and we are both doing a good job and coordinating. Different states need different things. Didre not at 100 , but we at aa good talk and we are good place. New york would be the number one hotspot, that is just the way it is. We are working closely and getting fema involved. They have been involved but we are getting them involved to a different level. We are dealing with the army corps of engineers should that be necessary, working in some cases, on standby in other cases. My conversation with andrew cuomo was very productive and good, and i appreciate that. We are giving relief to affected industries and making sure we emerge from this challenge with a prosperous and growing economy. It will pop. One day we will be standing up here and we are going to say win, and we are going to and i think we are going to win faster than people think, i hope. I will meet with leaders of the Tourism Industry as well as retail wholesalers and supply letters suppliers. I met with all the retailers come all the big ones including walmart, and it was a good meeting. They are stocking up their stores like they have never stopped before. We are trying to get people to buy less. They stay open all hours of the day and have been fantastic. We are taking action as one family and one nation so that we can rebound jogger than ever before. We stronger than ever before. From many workers can work home, many others cannot. Workersare workers and are helping us with the services we need. When you talk about food service and manufacturing certain items in particular, they are going in and practicing the safety rules and regulations we have talked about. I would like to introduce our great part Vice President , mike pence, and then i will make some other introductions. V. P. Pence thank you, and good morning. I should be clear to the American People that President Trump has issued a whole of america approach. Todayteraction through and the course of this day reflects that we are bringing the full weight of the government and American Economy to bear. I know i speak for the president when i say how inspired we are. It has truly been inspiring. Our task force continues to focus on the priorities of testing, prevention, and supplies. In that category, i am pleased to report that while testing is available in all 50 states as the president just indicated, through the swift action of the fda and governors around the country, now state Health Authorities can authorize labs in their state and expand existing capabilities. In connection with the fdas actions, we have continued to expand the public and private partnership with commercial laboratories around the country, increasing access to the high volume, high throughput coronavirus testing that is greatly expanding access even as we speak. Received a report that the Public Health service and fema are working closely partners in the private sector to expand remote testing sites around the country, and will have a full report later this week as they come online. Testing is happening all over the country. All of our Health Experts wanted me to tell the American People, you dont need the results of testing to know what you should do. 15 daynt trumps coronavirus guidelines are for every american in every community. As the president said, we continue to urge every american over the next 15 days to put into practice the principles in the president s coronavirus guidelines, by every american guidelines. By every american practicing these guidelines, we believe we can slow the spread. If every american acts on the president s coronavirus guidelines, we can see a substantial reduction in the spread of the coronavirus, but it will take all of us. If you feel sick, stay home. If someone in your house is sick, everyone in the house stay home. Practice social distancing. No social gatherings more than 10 people. Use drivethroughs, and practice good hygiene and common sense. The risk of serious illness remains low, but we are asking every american to partner with us in this effort to slow the spread of the virus and especially to be mindful of seniors or others with serious Underlying Health conditions, where the threat of the coronavirus can be very serious and real. The president has continued to push our task force to bring a whole of america approach and we are with the way businesses are responding. We will soon be unveiling a Public Service campaign using cdc guidelines and as we work on the issue of supplies, meetings yesterday with department of Dutch Department of Defense Department of defense officials we would make one specific request, we would urge Construction Companies to donate masks toentory of n95 the hospital and forgo additional orders of those mass. Because of what the president included in legislation, those industrial mass are perfectly except the goal acceptable for healthcare workers to be protected from a respiratory disease. We are asking them to donate masks to hospitals and forgo making additional orders. At the president s direction, we will continue to do whatever it takes, continue to marshal the best of the American People, the people behind me and the people behind them, state and local officials, and we will get through this and get through this together. Thank you. Pres. Trump i want to thank chad wolf and homeland security. The job they did at the airports was incredible. They screened thousands and thousands of people. Ohare got backed up a little bit, but they got them out. Everybody was screened and screened carefully, did not want to rush it. It was 13 airport and it was an incredible thing. They had a big surge also from the u. K. And ireland and that went smoothly. Theydid a fantastic job work long hours and do a fantastic job. I am going to introduce Steve Mnuchin and then ask him to leave because he has been working with the house on a bold package. And thebe big and bold, level of enthusiasm to get something done, i dont think i have enter dutch ever seen anything quite like it. Ever seen anything quite like it. Wouldnuchin the first i say is earlier today, i sent a letter to fed chairman powell approving his request to use 133 and the fed will be setting up a special Purpose Vehicle which the treasury will invest 10 billion in for one of our funds. That will enable the fund to guarantee the purchase of a1 p1 purchases Going Forward. That is a trillion dollar market that is critical to american workers, businesses, and savers, who have a lot of that money in money market funds. We heard loud and clear there are liquidity issues. This is significant and will create i dont think we will need to use it all, but we will have the ability for the fed to purchase up to 1 trillion of commercial paper as needed. That created significant billeting in the market. The second thing i would say, we previously talked about differing irs payments. The president earlier this morning authorized me to announce this program. I announced we would defer to hundred billion dollars and the president suggested we increase that to 300 billion. We encourage those americans who can fire later taxes to continue to file their taxes to continue to file their taxes because you will get tax refunds and we dont want you to lose out. Many people do this electronically, which is easy for them and the irs. Irs,u owe a payment to the you can defer up to a Million Dollars as an individual, and the risen we are doing reason we are doing a Million Dollars is because that covers passthroughs and businesses, and 10 million for corporations, interest free and penalty free for 90 days. All you have to do is file your taxes. Any american has the right to extend their taxes. Right,not taking that but the president has asked us to go up to 300 billion. The third thing is the president and i worked on a significant economic stimulus plan. Thank you for being available last night and this morning, and i will present that to the republicans in the senate this morning and also discussing that with the house. We look forward to bipartisan support to pass this legislation very quickly. These will be payments to Small Businesses. We have talked about loan guarantees to Critical Industries such as airlines and hotels, and we also talked about a stimulus package to the american worker. You can think of this as Something LikeBusiness Interruption payments for the american workers. Pres. Trump do you have any questions . A package for american workers, do you mean direct payments or payroll taxes . Sec. Mnuchin while the president likes the idea of the payroll tax holiday, when i have heard from many people, the payroll tax holiday would get people money over the next six to eight months. We are looking at sending checks to americans immediately. We have heard from hardworking americans that Many Companies have shut down. People need cash now. How much . I will be previewing that with the republicans. There are some numbers out there. What help are you going to give to airlines . I have had discussions with all the airlines eos this week. Have hadne ceos conversations with the senate and the house, i was up with a subset of republican senators last night and have discussed that with them. This is worse than 9 11 for the Airline Industry. They are almost ground to a halt. Although we dont want people to travel unless it is critical, we want to maintain the right for critical travel. I will not comment on the specifics. We are focused on the workers and we will be working with congress. Pres. Trump the Airline Industry will be in good shape. There has been talk about thousand dollar checks to every american, increasing support among republicans and democrats. Would you support that going to everyone or some sort of income restriction . Sec. Mnuchin it is clear, we dont need to send people who make a Million Dollars a year checks, but that is one of the ideas we like. We will preview that today and well talk about details afterwards. Pres. Trump we will do something that gets money to them as easily as possible as quickly as possible. We will have a good idea by the end of the day what we will do. How is the mechanics of this working . We have been talking out about talking about a payroll tax holiday. Peopleld this go sending a check . Sec. Mnuchin we want to make sure americans get money in their pockets quickly. We want to make sure Small Business owners have access to ones. Funds. We want to make sure airlines, hotels, we have an entire package. Pres. Trump there are four different ways you can do it. You can hear me well enough i imagine. The people at home are important especially. We have four ways in particular and a fifth possibility, some good ways of getting the money out quickly. Payroll tax is one way but it comes over a period of many months and we want to do something faster than that so we have ways of getting money out quickly and accurately. Can you talk about the timeline, how quickly do you think you can get this done . V. P. Pence the president sec. Mnuchin the president has instructed me we need to do this now. In a week . Sec. Mnuchin we will work with the senate who is in session now. We will have conversations with the house. The president has instructed me that this is no fault to american workers. For medical reasons, we are shutting down parts of this economy and will use all tools we have and whatever tools we do not have, i am going back to congress. Those [ion for indiscernible] pres. Trump we are going to do it big. We could do it every day or every week. That is the way Mitch Mcconnell wants to go, i want to go. Infusiono have a big as opposed to going through little meetings every couple of days. We want to go big, go solid. The come tree country is very strong and with this invisible enemy, we dont want airlines going out of business and people losing their jobs and not having money to live when they were doing well just four weeks ago. Any other questions . Hotels and and restaurants with any kind of Emergency Assistance if they have to close and they are not making as much money . Sec. Mnuchin let me make comments about restaurants . States to make sure that allow the drive through portions to stay open, particularly in a time where we are telling people dont go to restaurants. These companies feed a big part of america and i expect they will feed a bigger part of america. The second thing they ask me to emphasize, many of these companies have asked, you can order ahead of time and that way when you get there, they will have it packed and they can give it to you with social distancing and it will be very fast. We expect they will be able to feed a large part of the population. Support, a lot of these businesses are Small Businesses, franchisees, 500 or less, and we have a program that will help all businesses, small and mediumsized businesses. Regarding marriott corporation, it is furloughing thousands of individuals because of the impact of the coronavirus. Well your legislation help those individuals . I hope so. That is one reason we have to act quickly, because we understand whether it is the airlines, hotels, for good reasons, to protect the United States on medical issues, these businesses are shut down and the president wants to make sure, we will use all the powers we have, trillion dollars of potential liquidity into the market and the powers we dont have, we are going to congress. There is a lot of bipartisan support for these issues. I apologize because i have to deal with some other. [indiscernible] stock market. Sec. Mnuchin we absolutely believe in keeping the markets open. After september 11, the only reason the markets were closed is because technology was disrupted. I had been on the phones with the banks. We may get to a point where we shorten the hours if that is something they need to do, but americans should know that we are going to do everything to make sure that they have access to the money at their banks, in their 401 k s, and in stocks. We intend to keep the markets open. Pres. Trump the banks are recordsetting strong, so we have that, which is a much Different Event then we had not so long ago. Mr. President , you mentioned the army corps of engineers and you had a conversation with Governor Cuomo. The people of new york believe they will run out of hospital beds. Pres. Trump we are starting the process and it is a process we hope it will not be necessary but it could be necessary. The state is working hard and we will probably supplement what t