Direct Cash Payments will be available for every american citizen earning less then 99,000 per year. That would be 3,400 very quickly for the typical family of four, nothing like that has ever been done in our country. Up to 250 billion in expanded unemployment benefits, the average worker who has lost his or her job will receive 100 of this salary for up to four at full months unlike normal on deploymennormalunemployment ben, independent contractors and selfemployed people will be eligible. Over 100 billion to support the heroic work of our doctors, nurses, and hospitals. 45 billion for Disaster Relief fund so we are setting up a fund of 45 billion for Disaster Relief, thats more than doubling the amount of available of support for my emergency declarations. 27 billion to build up the Strategic National stockpile was critical supplies including masks, respirators, pharmaceuticals, everything you can imagine. Because it was very depleted, our military was depleted, now we have a brandnew military, weve never had a military like this. We have equipment either coming or its already come but we have a lot of things that will soon be coming. Planes, missiles, rockets, lots of things. The stockpile was very depleted. Significant funding for development of vaccines on top of the 8 billion we approved several weeks ago. Over 500 billion in support for the hardest hit industries with a ban on corporate stock buybacks which is something i insisted on and frankly i tell you republicans wanted that and the democrats wanted that, we wanted to use the money for the companies and the planes and whatever they may be helping to get over this rough patch. I dont think its going to be such a rough patch, i think when we open, if we can open, the sooner the better. Its going to open like a rocket ship, its going to go very good and very quickly. Youre going to have some tough new limits on executive compensation also, they need the money, they are going to have to sort of make things work. We are interested in the workers, the jobs, and we are interested in the companies because that is really what fuels the workers in those great jobs. 16 billion in funding for the purchase of personal protective equipment. I encourage the house to pass this vital legislation and send the bill to my desk for a signature without delay, i will sign it immediately. We will have a signing and it will be a great signing and a great day for the American Worker and for American Families and frankly for american companies, some of which were having the best years they have ever had these last few years, and then a little bit less than a month ago, they went into a position that they havent seen because of the hidden enemy, the virus. Earlier today i spoke with leaders of many of americas amazing nonprofit organizations, i thank them for their unwavering and unwavering devotion to American People, American Families, to our nation and they have been fantastic, they have been collecting supplies, distributing food, supporting health care workers, caring for vulnerable workers, i encourage them to continue to do it. The nonprofits have been fantastic, they are great people, actually. I know a lot of them. I want to provide a brief update on the critical supplies that the federal government has delivered, in the process of shipping 9. 495 million respirators think of that, 9. 4 million. Its not just us, its not just the states, in competition with many countries, i believe today we broke the hundred 50 mark for the virus, we have 15 150 counts come over 150 where we have this virus and nobody would ever believe a thing like that is possible, nobody could have ever seen Something Like this coming but now we know and we know it can happen and happen again. If it does, somebody is going to be very well prepared because what we have learned its been incredible, more tests than anybody by far and the news, the reporters, the media, they called me and they told me its amazing your testing procedures are amazing. We have a test its a very high level test and its a test its very accurate. If 3. 1 million face shields, 2. 6 million surgical gowns, almost 6,000 ventilators which go to the areas of greatest needs. We sent 4,000 ventilators to new york and i spoke with the governor about that, he was happy, i spoke with the mayor also about that, mayor de blasio, he was happy its hard not to be happy with the job we are doing, that i can tell you. Throughout this national emergency, everyday heroes continue to step forward to demonstrate the extraordinary character of our nation including the people behind me. These people are amazing, amazing people and they have become maybe i should just speak for myself but to me they have become friends. Maybe they dont like me, maybe they do, all i can tell you is they are talented people, they worked very hard. In maryland a 7yearold boy used his own birthday money to buy macneills for dozens of Senior Citizens come in the paddock, a College Student recruited 90 of her friends to help deliver groceries and supplies to the most vulnerable, this happening all over the country. Thousands and thousands of instances, i could stand up here all day and tell you about other things. In minnesota, hundreds of medical students have volunteered to provide child care for hospital workers helping to keep our doctors and nurses on the front line, fighting to save lives. These inspiring americans remind us that we all have a role to play in winning this Great National battle and its really a worldwide battle. We are dealing with other nations all the time, i take calls from a lot of people, a lot of countries are in big trouble. Now we will hear from our great secretary of the treasury, he has been working rather hard. Steve mnuchin is a fantastic guy and he loves our country, he has been dealing with both sides republicans and democrats, he lived over in that beautiful building to me, one of the most beautiful buildings in the world and he has gotten to know it very well. So we could have a little update into how we are doing and what its looking like. Thank you very much, mr. President , first let me say, i would like to thank Mitch Mcconnell for his leadership and i would also like to thank Chuck Schumer for the enormous bipartisan support we had on this bill. The many senators, both republicans and democrats that worked tirelessly over the last five days on the task force. The president said i got to live in the lbj room for the last five days and we couldnt be more pleased with thehe senate to protect American Workers and American Business in this situation. The president has outlined many of these but let me quickly go through them. Small Business Retention loans this will cover roughly 50 of the private payroll in Small Businesses where we will immediately make loans that will supply eight weeks of salaries as long as they keep workers employed and overhead. Those loans will be forgiven at the end of the period as long as they keep workers employed. These are sba loans but the treasury will be issuing new regulations authorizing almost every single fdic insured bank to make these. I expect by the end of next week we will have a very simple day. This will be a very simple hands. For companies that dont qualify for that, we have an Economic Program of tax incentives to retain workers, as the president said, we have enhanced Unemployment Insurance for people who dont fit into these two programs that will be administered through the states. We also have Economic Impact payments, these will be within the next three weeks, direct payments into most peoples deposit accounts and for those that dont have it, we will be having the checks in the mail. Treasury will have additional authority, we have 500 billion that we can use to work with the Federal Reserve for emergency programs that will create up to an additional 4 trillion if needed to support American Business and American Workers in an unprecedented way. Finally, the president mentioned 100 billion to hospitals and 150 billion to states that have specific coronavirus expenses, as well as any additional things. Mr. President , i want to thank you and the Vice President , you are constantly available to us, we spoke constantly throughout the day, you gave us guidance and quick decisions on many issues and again, thank everybody for this great bipartisan work, this is going to be an enormous help for the American Workers and the American Economy, the president was very determined that congress would move swiftly to protect hardworking americans and business in this unprecedented situation. President trump thank you, great job. Day and night, its a lot of work. Do you have a question . [reporter questioning] President Trump if we have to go back we have to go back, we are going to take care of the American Worker, its not their fault. Weve anticipated three months, hopefully we wont need this for three months, hopefully this war will be won quicker but we expect that this is a significant amount of money if needed to cover the economy. President trump dont forget a lot of this is going to Keep Companies that are very strong, triplea rated companies previously, to keep them going and its going to be in the form of loans, so the moneys going to come back. Reporter let me ask you about something you said yesterday, you said we should never be reliant on a foreign country for the means of our own survival. What did you mean . President trump we are reliant on many countries where we give up our supply chains, we give up our factories we give up our production facilities and we can buy it someplace else for a little bit lower price but its costing us more when that happens because we lose jobs, we lose everything and we lose our independence and we cant let that happen. We have been making those changes. [reporter questioning] President Trump i dont know that well need that but i think its happening by itself, a lot of things are happening. We make the best medical equipment in the world and you have some people like the European Union, they dont take it because they have specifications that dont allow our equipment in because its designed in a different way, even though its a better way they are all playing games against us. They have been playing games against us for years and no president has ever done anything about it. The European Union you look at medical equipment. We make the best medical equipment in the world that we cant sell it because not appropriately and yet we take their medical equipment in our country. We are changing things come all of this is changing. We have specifications that are equipment designed specifically cant come into their countries. Its a very terrible thing thats happening to our country and let me tell you, some of the people that took the biggest advantage of us, our allies. We talk about allies, they took advantage of us in many ways but financially as well as even militarily when you look at if you look at nato, the abuse that was given to our country on nato, where they wouldnt pay and we were paying for everybo everybody. Because of me, they are paying a lot, they paid 125, 135 billion more and ultimately secretary general stoltenberg who i think you would say is maybe buy biggest fan, we got him to pay an additional 400 billion, other countries. And then theres the trade. They make it almost impossible for us to have a fair deal they know that, they know im just waiting, we have all the advantages, its going to be easy when i decide to do it but this isnt the right time to do it. We have been treated very unfairly by the European Union. Reporter mr. President , focal republican senators have indicated an extra 600 for Unemployment Insurance may encourage workers to leave their jobs, even though you can only collect unemployment if you are fired what do you think of that . President trump i know the issue very well, we talked about it just a little while ago. I spoke to several of the senators today but let me explain the issue. We wanted to have enhanced Unemployment Insurance. Most of these state systems have technology that is 30 years old or older. If we had the ability to customize this with much more specifics, we would have. This is the only way we could ensure states could get the money out quickly and in a fair way so we used 600 across the board. I dont think it will create incentives, most americans what they want, they want to keep their jobs. For 50 of these businesses, they will have the businesses keep those jobs. Our number one issue was how do we make sure that American Workers who needed to keep getting paid this is no fault of their own that businesses have been shut down. The president and Vice President wanted to make sure those hardworking americans got money and this was the most efficient way of doing it. [reporter questioning] im not going to comment on the specifics of where they are but i would say our expectations is this bill passes tonight and gets to the house tomorrow and they pass it we need to get this money into the American Economy and American Workers, thats the importance of this. President trump the one good thing when you think about that, people will actually get more money but we dont want to give a disincentive. They have been talking about that, its a good question. Reporter on another subject, the family of retired fbi agent Robert Levinson said u. S. Officials has concluded he died in iranian custody, are you aware of that . President trump ive been very much involved in that, he was a great gentleman and a great family i have to say this, they have been making the statement to the family i believe its not looking go good. He wasnt well for years in iran, its not looking promising. Weve gotten so many people back, we got two people back this week but Robert Levinson who was outstanding, hes been sick for a long time. He had some rough problems prior to his detainment or capture and we feel terribly for the family. [reporter questioning] President Trump i dont accept that hes dead to come im telling you its not looking great but i wont accept that hes dead. They havent told us that hes dead but a lot of people are thinking that that is the case. Reporter you tweeted earlier linking the closing of the country to your election success in november, is this timeline based on your political interests . When you tweeted, you said the media wants the country to remain closed. President trump the media would like to see me do poorly in the election. Reporter reopening the country by easter is not a good idea, what is the plan based on . President trump just so you understand, i think there are certain people who would like it to not open so quickly, i think there are certain people who would like it to do financially poorly because they think that would be very good as far as defeating me at the pol polls. I dont know if that is so but there are people in your profession that would like that to happen, i think its very clear. That there are people in your profession right fake news, you do, she does, there are people in your profession that right fake news. They would love to see me for whatever reason because weve done one of a job nobodys done the job that weve done. Its lucky that you have this group here right now for this problem or you wouldnt even have a country left. Reporter once you sign the 2 trillion package, how rapidly do you expect President Trump were you with . Im with cbn. Our expectation is within three weeks we will have direct payments out where we have depository information and we are looking to get a lot more information than we have procedures to do that. Three weeks to do that and i would say the end of next week, we want all the banks to be able to originate loans, same day. Reporter tomorrow you will be speaking with the g20 leaders and i want to know if you are going to lead an effort to craft a worldwide ban on wild animal markets as to prevent another pandemic of annette covid19 was transferred to humans. President trump they say thats how it happened in china, its something maybe it will be talking about but is not the top of my list. [reporter questioning] President Trump no but we have tested more than anybody. If reporter if not, how many deaths are acceptable . President trump how many . None. How many deaths are acceptable to me . None. If thats your question. I saw him, i saw his statement, we have tested by far more than anybody, we are tested more than anybody right now, theres nobody even close. Our tests are the best test, the most accurate tests, but if youre saying were going to test 350 Million People i watched his statement, i disagree with it. We can go to certain states, i can name them now but im not going to do that we can go to certain states right now that have virtually no problem or a very small problem. We dont have to test the entire state in the midwest or wherever they may be, we dont have to test the entire state, i think its ridiculous. A lot of those states can go back right now and they probably will. At some point in the nottoodistant future, certain states are going to come off the rolls. Maybe new york camp and california camps, maybe the state of washington cant a