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350 billion in direct Cash Payments will be available for every american citizen earning less than 99,000 per year. That would be 3400 very quickly for the typical family of four. Nothing like thats 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 their salary up to four full months. Unlike normal unemployment benefits, independent contractors and the selfemployed will be eligible. So you have independent contractors and selfemployed people will be eligible for this. Over 100 billion to support the heroic work of our doctors, nurses and hospitals. They have been incredible. 45 billion for a Disaster Relief fund. Were setting up a fund of 45 billion for Disaster Relief. That is more than doubling the amount available to ....
350 billion in direct Cash Payments will be available for every american citizen earning less than 99,000 per year. That would be 3400 very quickly for the typical family of four. Nothing like thats 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 their salary up to four full months. Unlike normal unemployment benefits, independent contractors and the selfemployed will be eligible. So you have independent contractors and selfemployed people will be eligible for this. Over 100 billion to support the heroic work of our doctors, nurses and hospitals. They have been incredible. 45 billion for a Disaster Relief fund. Were setting up a fund of 45 billion for Disaster Relief. That is more than doubling the amount available to ....
Quote, dont go to crowded places. Look, thats going to slow the economy. We dont know by how much. Remember, friday, larry kudlow was on the show, told us that targeted stimulus is being considered. The fed is being urged to take steps, too. Were watching for any announcement. Heres the other big problem. The price of oil is tumbling. The saudis have launched a price war, promising to flood the world with a glut because russia wouldnt agree to production cuts. American drillers will take a huge hit. They cant make a profit at 30 bucks a barrel. 31. 89 right now. Look at this. Money pouring into treasury securities, pushing the yield way down to yet more record lows. Takes your breath away. We were down to 0. 31 at one stage. Now we are 0. 41 . Extraordinary. It has to be said, the United States is in a better position to weather this storm. That jobs report was a blockbuster. Look at italy. Its locking down a quarter of its populat ....
Moves. Im connell mcshane. Deirdre im Deirdre Bolton in for Melissa Francis this is after the bell. S p 500, nasdaq closing down each more than 3 . Any minute as well, President Trump set to leave the white house. He is headed to scranton, pennsylvania. Well bring you any headlines from the president. If he stops to speak to reporters on the south lawn. Meantime fox Business Team coverage. Blake burman at the white house, Kristina Partsinevelos on the floor of the New York Stock Exchange and phil flynn watching oil from the cme. Kristina, if it is not plus 500 or minus 500 were almost confused at this point. Kristina right. You know what ....
Governors are saying we have done a fantastic job. Gavin newsom said there is not a thing he asked for we werent able to give them. Critical guy like we all are, but it was a very positive statement. Many democrat governors have said that the task force and, the federal government, what weve done has been terrific. Reporter [inaudible] well, this was unexpected this was something that came out of china and, it hit us and many other countries. You look at numbers, see numbers watching you folks, i see it over 100 Different Countries and it hit the world and were prepared. Were doing a great job with it. It will go away. Just stay calm, it will go away. We want to protect our shipping industry, our cruise industries, cruise ships, we want to protect our airline industry, very important but everybody has to be vigilant and has to be careful. But be calm. It is really working out and a lot of good things will happen. The consumer ....