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Find people who may be infected. New questions of how to balance privacy and Public Health. And economic survival. Congress negotiates more help for Small Businesses struggling to stay afloat. How even some big retailers may go bankrupt. Thats not good. But first, heres todays eye opener, your world in 90 seconds. Really, any part of the country is vulnerable. Even rural parts of the country. You see these superspread situations as we saw in south dakota. The debate over when the reopen of the country is getting political. Its no time to get cocky or arrogant. Nobody wants to reopen this country more than president donald trump. Theyve got cabin fever. They want to get back. They want their life back. Their life was taken away from them. Rallies to end stayathome orders were held over the weekend. Its the facts of life. We live and we die. So to shut down the economy because ....
Counties have now been extended through friday, may 1st. From county Health Officers and superintendents. The counties includalameda, contra costa, marin, San Francisco, san mateo, and santa clara counties. Many schools were scheduled to return possibly next month. The number of covid19 cases continues to rise across the u. S. There are now more than 60,000 confirmed cases in the nation. Right here in california there are more than 2,600 cases. At least 58 people have died. There are more than a 1,000 cases specifically in the bay area. And the death toll continues to rise. Lets take a look at the outbreak county by county. San mateo county reported four more deaths just this morning. It has 160 confirmed cases. San francisco reported its first death last night. It now has 151 cases. Santa clara county has 359 cases. 16 people have died in that county. Alameda county, 133 cas ....
Guys, that interview with barry right now makes you feel better. Gives you hope i think its important to he hear, are stocks cheap yes. Is the system working . Yes. Is the opportunity going to be great if the countrys locked down no so whats important is to find out where the country is fiscally thats why its important to speak to the treasury secretary. Yeah. The concerns that we had yesterday continue to be the concerns we have today, which is about businesses forced to potentially suffer significant financial damage as a result of being closed or having no customers. And what that will mean. Liquidity is always an issue it does seem to be not in the treasuries where we have seen illliquidity that scared people moving into credit, which we need to focus on huge repricings. The cost of capital has gone up for corporate america. You can provide people money, but those people dont want to go out we are a service economy, twothirds of our country is service. What do we do when you get mo ....
They also cautioned against the misinformation on social media regarding the coronavirus. This house, science, space and Technology Hearing meeting is out is about one hour and 40 minutes. This hearing will come to order. Without objection the chair is authorized to declare recess at any time. Good morning and welcome to the hearing on coronavirus, understanding the spread of the Infectious Disease and mobilizing Innovative Solutions. I will recognize myself for an Opening Statement and then i will recognize the Ranking Member for his Opening Statement and i will introduce the witnesses. Again, thank you for being here. Obviously this i ....
Covid19 is not the first pandemic we will ever deal with and certainly will not be the last one, but it is incredibly important that we come together as a nation and as a planet to get ahead of this, address it, ad, you know, come up with remedy for it. If we think about the basis of Global Health security, it is a threepronged approach containment, mitigation, and then treatment. This is the third hearing that i am chairing on this subject. The first focused on the containment strategy. That was the first hearing that congress held. The conclusion of that was the initial strategy of trying to contain this disease with travel bands, etc. , was likely not going to be successful. Very difficult, and i think what china did was ambitious. About us some time that most of us in the Public Health world recognize that we would likely see in community cases, it would be difficult to sto ....