White house news. Hillary vaughn on capitol hill. We start with you, hillary. Reporter House Speaker nancy pelosi says she basically had to do jujitsu to shape the senate bill into something her members could stomach. She spent the past few days while the bill was delayed in the senate pushing to make the focus workers first instead of corporations first but House Minority leader Kevin Mccarthy is criticizing pelosi for this delay saying while this bill was held up in the senate for several days while they were back channeling to pelosi, trying to work out a deal with the white house, several, hundreds of people around the country were wondering when they would get muchneeded relief and some of the relief is in the form of cash paid directly to americans who need it most. Anyone making under 75,000 get as onetime payment of 1200. For couples making less than one 50,000, they get 2400 in a payment. Americans waiting for money still have to wait on the house to pass this bill. One way or another, with losing no time with uc or anything else we will be passing the bill tomorrow. Reporter that vote is happening tomorrow. It will also give muchneeded relief to small and midsized businesses too. Small businesses with 500 employees or left can apply for Small Business loans that they wont need to pay back as long as theyre spending money on payroll, rent, mortgage utilities. Midsized companies anywhere from 500 to 10,000 workers will be eligible to get loans at a very low interest rate. They wont have to make payments for six months. The caveat on that, have to be based in the u. S. , most of the workers based here in the u. S. Connell . Connell hillary thank you. Edward lawrence as we wait for an update coming from the white house and the Coronavirus Task force. The president im sure, edward the president expected to speak in the briefing in about an hour. Reporter the president expected to speak in an hour. Late this afternoon he spoke to governors that he will have new local guidelines will help the state governments whether they need to maintain, increase or relax their coronavirus measures that theyre taking at this moment. This could be setting up the president s hope that the economy could be restarted by april 12th. I think easter the president was giving people a lot of hope and basically telling them this wont last forever and well see what happens over time. Reporter president in his letter aing that some areas could be designated as highrisk, medium risk, or low risk, setting up the possibility of opening large sections of the country while others remain essentially locked down. As the administration looks to flatten the virus infection curve, the house will move on the Senate Stimulus package tomorrow morning. It will pass, pelosi though, taking credit for it. Listen. Democrats in the senate and in the house were able to slip this over from corporate trickle down republican version to bubble up worker first, Families First legislation. Reporter donald trump speaking also today with the g7 leaders. They talked about sort of a coordinated effort, how theyre dealing with this economic shock to the system. Also how theyre dealing with the virus itself, trying to get out the other side, possibly work to help each other as this economy does recover. The president focused on making sure the American Economy gets back to where it was before the coronavirus hit. Back to you. Connell edward lawrence. Melissa thank you, edward. All right, the dow officially exiting bear market territory. Lets bring in lauren simonetti. Lauren . Lauren melissa, was that the shortest bear market ever . Over the past three days the dow has rallied 20 . Right now it is out of bear market territory. How does this happen on a day when we have almost 3. 3 Million People a Record Number file for first time jobless benefits . That is the first wave of the bad, horrific data. Many experts expected it to be that bad, states like new jersey couldnt even handle the claims a rise of 1500 last week alone. This number is probably worse. They are waiting for the next shoe to drop, a second wave of horrific data to come down . What we see in the Service Sector bleed down to manufacturing . Looking at numbers, how bad does it get, Morgan Stanley worst numbers ive seen, they expect a Second Quarter contraction of 30 , a jobless rate, we talk about 2. 8 million folks filing for jobless benefits that will push the jobless rate up, Morgan Stanley says to 12. 8 in the Second Quarter. So lookings we know it is ugly, were banking on a relief package from congress to help us out. Look at boeing shares. This is epic. The stock this week is up 90 in one week. Obviously there is something for everybody including boeing in that stimulus package. To wrap this up. Im working from home. You guys working from home, slack, back above the ipo price from last summer. Nice day today. In the past nine days alone slack added two million users. So with that, back to you guys. Melissa thanks, lauren. Were seeing how people really can work from home. Well see if it sticks afterwards. Connell . Connell yes, we will. Were talking about it all with doug holtzeakin from the American Action forum where he is president. Doug, always good to see you. Lauren, rightfully says counting on relief package out of washington, presuming it passes in the house, a lot is made of timing, in terms of Congress Taking as long as it did. We understand how congress works. It did pass. What about other side of the timing . How much economic time this might be able to buy us as we know were in for tough weeks and months ahead . Well i certainly think there are two timing issues left. We know that right now, there was just a cascading cash flow crisis out there in the business sector. Were seeing people laid off in historic numbers. We saw that in the claims today. So it is important to get ahead of that, to get these loans to Small Businesses, that retain people on their payrolls, get the big Business Loans out. They will keep their employees on payrolls. That will preserve the businesses, infrastructure of the economy. But it will also provide timely payments to households and keep them off ui. So the first big timing challenge is getting money out and getting it into these businesses and essentially providing the bridge financing that allows them to survive this very sharp downturn. The second one you mentioned how long does that have to happen. There the design actually works in the favor of good policy because this can go on, right . We can continue to make people, give people payments. Continue to have businesses survive. Maybe congress has to come back to put money in that. That would be the right thing to do. This is money designed to really attack the problem at the root. They have to get money out quickly. Connell so if you do anticipate having to go back to the well again, many people said that might be a possibility, what are the most important elements of stimulus . You didnt reallying bring up direct payments, 1200 to individuals necessarily. You talked more about the Small Business side of it . I think this notion how you have to choose between helping workers, helping people, helping companies actually gets it wrong. By putting money say Small Business, a baker, in the way that they do, youre going to have the baker continue to have an enterprise but well also have his or her employees on the payroll getting their regular check. That is way better than a onetime check would not be enough money to live on. That is a essential part of helping americans survive the pandemic. I think thats the core piece, helping those businesses, helping them keep their employees on the payroll. The checks will help, right . If they arrive, six, eight weeks from now and were in a position where, you know, businesses are looking to do more business and theyre open and able to do business, that will be beneficial. But i think the survival and steady payments come with the lows is really important. Connell so that plays into this kind of discussion were all having about the socalled reopening of the economy. The medical experts will tell us presumeably what things are important to them or broad more look at the curve in terms of the virus. What about somebody looking for years, running cbo, on and on, what about the economic metrics we need to look at when we try to mesh the two or medical and economic, what metrics are most important . Well i think the most important metric were going to have to look at is just how much damage were we unable to avoid . What are going to be the closures of business, the layoffs and unemployment, how many people are showing up on ui . If those are large, consequential numbers it will be harder for the economy to grow quickly at the other side of the pandemic. Well have a recovery that will take longer. Well feel less satisfactory. The more we get in front of this and preserve those things, the better recovery will be, so im looking at metrics of the damage. We all the first one in the morning. Well, it is going to accumulate as we go forward. Connell so as a quick final answer would you advise against the quicker reopening . In other words trying to get things cranked up as the president set up eastertime line, being more careful on this end, you be sure when you reopen it the economy is at a point people want to go back, feel comfortable going back to work and school and Everything Else . I think that depends on conditions on the ground. Im epidemiologist. A lot of this comes down whether you successfully get the money out there in the way it is intended to be spent. If you can, then you have the luxury of keeping everything, essentially in that suspended animation on bridge financing for longer but if it is not doing that, then we have a bigger problem with the economy and you have to start thinking about you who you can get it going. Connell right. You buy yourself a little bit more time. As always, doug, thank you. Douglas holtzeakin from washington today. Melissa . Melissa that was some great stuff, great information there. A new challenge for amazon. Workers in at least 10 facilities across the country testing positive for the virus. Susan li is in the newsroom with the details. You kind of knew this was coming. There are so many questions that go with it. How do they stay open . Is it danger to people receiving those packages . What are you hearing, susan . Susan 11 facilities in nine states. New jersey confirming edison warehouse confirmed one case of covid19. That takes you across nine states. Two in new york city, california, kentucky, florida, connecticut, michigan, oklahoma, new jersey added to this list. Only one facility is shut so far, one confirmed shut, queens in new york originally had the first employee that confirmed positive for coronavirus but there are other reports. Maybe the Fulfillment Center in kentucky has been shut indefinitely. Talking with amazon, were supporting individuals and following guidelines on local officials and taking extreme measures to follow safety at our own sites. I asked whether the employees wore gloves or safety or protective gear . They said, took us directed us to the safety guidelines at warehouses where they said employees are required to wash their hand often with water and soap or hand sanitizer. Dont forget we have more headcount coming into the warehouse facilities. Theyre looking to hire 100,000 more for fulfillment and delivery. Paying extra 2 an hour for pay and doubling for overtime pay. If you handle experts the way to do it, properly use gloves and dont forget to wash your hand afterwards. Let the package sit out a day or so. Given we have delivery days, they have gone through several hands, has been one or two days or a week or few weeks given the backlog. Experts say there should be low risk and low chances of spread of coronavirus at least on boxes themselves. Guys . Melissa susan, thank you for that. More than 500,000 cases worldwide and 76,000 right here in the u. S. At least 21 states now with stay at home orders in place, including new york. Where cases have skyrocketed more than 25 since yesterday. But are slowing in one of the hardest hit areas. We will talk to the mayor of new rochelle what made a difference in his community. What we can learn from that, for everyone else. That is next. Connell . Connell looking at industries under pressure. Certainly were highlighting restaurants taking a huge hit, just fighting to stay open for business if we can. We have one ceo from the industry, talking about the keys to survival. Stick around. Well have you tried thinkorswim . This is totally customizable, so you focus only on what you want. Okay, its got screeners and watchlists. And you can even see how your predictions might affect the value of the stocks youre interested in. Now this is what im talking about. Yeah, itll free up more time for your. Uh, true crime shows . British baking competitions. Hm. Didnt peg you for a crumpet guy. Focus on what matters to you with thinkorswim. From anyone else. So why accept it from your allergy pills . Flonase relieves your worst symptoms which most pills dont. Get allinone allergy relief for 24 hours, with flonase. Did you know Liberty Mutual customizes your Car Insurance tada which most pills dont. So you only pay for what you need . Given my unique lifestyle, thatd be perfect let me grab a pen and some paper. Know what . Im gonna switch now. Just need my desk. My chair. And my phone. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Melissa new york state accounts for more than half of all coronavirus cases in america but new cases have slowed in new rochelle, a town that was once the epicenter of the states outbreak. Joining us now the mayor of new rochelle, no, noam bramson. Im sure youre happy to be on the mend. What would you give, what would you say got you through . What could you teach the rest of us . Well we did implement containment measures in new rochelle a week before the rest of the state. As you pointed out in the introduction, new rochelle is now declining as a share of infections within the region and the rate of spread does seem to be moderating based on preliminary data that we have. That is tentatively at least good news because it indicates that the social distancing measures can be effective but i do want to stress we have to be cautious how we interpret the data. There are lot of uncertainties that go into the figures. We know were in it for the long haul. We have rays of sunshine but nobody is popping champagne corks. Melissa you dont want to let down your guard . Exactly. Even if the rate is moderating we still have increased number of cases daytoday. Melissa yeah. So now as youre sort of coming out on the other side do you have a sense of what was roughly the percent of people who got the virus who had complications, who had to go to the hospital as opposed to those who stayed inside and got better and are basically own the mend but didnt need the very serious medical attention where were seeing shortages of supplies and ventilators, that sort of thing . What weve seen in the statewide statistics that Governor Cuomo consistently shared, the hospitalization rate is typically varied between 15 and 20 . That is consistent with what all Public Health experts indicated at the outset. The majority of those who acquired hospitalization or intubation have been those who have had compromised medical conditions or compromised immune systems. It has played out largely as anticipated. That i suppose is somewhat reassuring because it indicates the medical professionals had a good read what the virus is and how it plays out with vulnerable populations. Melissa i dont want to take away from your success so far at all but is there anything you wishing you did differently that would be good advice for the rest of us . Im in manhattan. Were obviously having just an explosion all around you. Is there anything you wish you had done differently we could learn from . Well, no, i think most of what we can teach the rest of the world is positive and what new rochelles experience indicates if you are clear and straightforward with your residents, if you share information in a transparent way, then people will rise to the occasion. They will take direction from Public Health professionals. They will support each other as neighbors, Community Groups and notforprofits will step up and do what they can to address human needs. We can continue delivering essential Services Even with a Skeleton Crew in terms of our city office workforce. So we can get through this, provided we are measured and calm and devote a share of concern and focus that is commensurate to the challenge in front of us. Melissa mayor, it is so wonderful to hear from you with everything that has happened and congratulations to you. I know you will stay vigilant. I remember it was shocking when your town was, you know, locked in. I know that is not what it really was. That is what people were talking about. It was so surprising at the time. Were so happy it worked and youre on the other side and i hope the same for the rest of us. Thank you, i appreciate it. Meanwhile, pushing, pushing for those stricter measures statewide. I will speak with one new york city councilman who is calling for a major shutdown over a week ago. Plus what do you have, connell . Connell well you know, melissa you and the new rochelle mayor is talking about demand on hospitals. It is becoming a big story in the new york city area the other days. Other cities are dealing with it as well. At least 1000 hotel rooms in chicago are being used as quarantine sites. Details how that is working coming up next. Announcer wash your hands. Avoid sick people. And touching your face. There are everyday actions to help prevent the spread of respiratory diseases. Visit cdc. Gov covid19. Brought to you by the National Association of broadcasters and this station. Of broadcasters when i lost my sight, my biggest fear was losing my independence. Mmm. Good. So ive spent