nation's 50 governors saying here's the testing capacity. you need to know where it is and learn how to use it. >> neil: all right. john roberts, thank you very, very much, my friend. john roberts at the white house. he will be at that briefing at about half an hour. that will do for us. ♪ >> hello everyone, i'm dana perino along with williams, jesse watters and the author of the brand-new book "make america healthy again." it is 5:00 in new york city, and this is "the five." ♪ >> at any moment, the white house coronavirus task force will once again update the nation. the big focus today continues to be on the key thing needed to reopen a country. more testing. president trump just wrapping up a meeting with new york governor andrew cuomo, and the oval office sit down while other governors say the white house has to do more top out with

testing. almost saying the meeting was productive, but they've butted heads in the past. take a look. >> we gave them 2,900 hospital beds. he didn't use them. we gave them a ship, they didn't use them. >> he sitting at home watching tv. maybe he should get up and go to work. >> they should have had more ventilators. they were totally underserviced. >> for him to say to anyone, you relied on projections and the projections were wrong, they are your projections, mr. president. >> i wish they did the original order three years ago. they would've had all the ventilators they needed. >> i don't need their president of the united states through the consultation for me me. maybe he should have read the constitution before he said he had the powers to open the states. >> president trump continuing to criticize some governors on how they responded to the pandemic. listen to this. >> president trump: similar to the situation with ventilators,

states need to assess their complete inventory of available capacity. some states have far more capacity than they actually understand, and it is a complex subject. but some of the governors didn't understand it. the governor as an example from illinois did not understand his capacity. >> jesse, let me ask you about trump and cuomo. these are people who have known each other for many, many years, decades even. they have sparta, but is it a little bit like sports trash talk, and actually kind of get along or at least understand each other and know that the need to work together to get this done? >> behind the scenes, they understand each other and work together very, very well. right now, what you're seeing are two people, politicians jockeying for position, and they are getting egged on by the media. you understand the game. i was listening to howard stern. cuomo said, whenever he needs to reach the president, he calls

the number and 2 minutes later, the president gets right back to him. the president has been very good to new york. he's done more for new york than any other state. so i think it is very good and symbolic and important for the country to see these guys working on a federal and state level across party lines in the oval office together wherever it was. and showing the country that there is cooperation that these guys are getting it done. >> i was kind of hoping that we still might see the show at the briefing. apparently, they have now their separate ways today. >> yeah, i thought so, too. i thought it might be an opportunity. those will be the leading shows that we've seen. most of all the trump show, but it was an opportunity to see that two of them together. i think to pick up on your analogy of sports trash talk, i think both of these men know each other. and cuomo, of course, his dad

was a governor. i think he is a pragmatic politician, old-school in that regard. he knows when to make a stink to get what he needs any knows when to kiss up to gets what he needs. he knows that trump wants to be a farm right now. in order to get what he wants, i think he was willing to do some affirmation. that led me to think that maybe he would be on tv with trump today. but what cuomo really wants is number one, he wants more money for testing. some of it came about in the bill that was passed in congress today and it is going to be passed. about the deal reached. i think secondly, he's looking for more money, not in the bill that was agreed on today for state and local governments. people are going to need more money there. he wants the president to put pressure on mitch mcconnell, the senate majority leader, the republican to say, yes, we are going to put more money out there for state and local government and for the hospitals in the future.

>> greg, yesterday we started off talking about testing. in the white house briefing yesterday, they did a comprehensive overview of all the different type of testings in the kinds of tests and interaction between the states that could, but this briefing. that is the speech we need to tweet last night about an executive order that could be coming. >> first, the testing and any immigration. so we will have at least 20 minutes. number one, the antibody test -- there is some news that it shows that the virus may be more prevalent than we thought -- which means that perhaps the virus is less deadly. however, i don't think you can say that, because of the diseases really, really, really prevalent, so could death. we don't know if that is good or bad. plus, we don't know how accurate the antibody test is. i keep hearing, there are a lot of false positives. i'm a little bit pessimistic on

this. i was glad that penn's was specific in every state has enough to begin phase 1 of reen. i think we need to know that stuff even though we understand there will be risk involved. the immigration peace. from a health perspective, this is a good idea. it is a no-brainer. you close it off, you reduce the number of people. from an employment perspective, it is also a great idea. we are dealing with serious unemployment right now. it doesn't make any sense to bring in cheap labor. so i've seen how the press portrays this. i want to know, how is it a policy that benefits minorities considered racist? this helps women, it helps blacks, it helps mexicans, it ups indians. people who might be in need of work right now. and i think it's kind of hard to say to people who are staying indoors and losing their jobs that we are going to keep letting others in. of course, that media and democrats will call this

xenophobic because that gins up their base. it their beta male bloggers sweaty with -- it's a typical response to an adult measure. this is an adult measure. if barack obama had done this, they would've heralded it as a brief to protect their likelihood of poor minorities and women and everyone else, because it is trump, it must be racist, because they are not just armchair quarterbacks, they are also psychics and can see into everybody's brains. >> i wonder if they saw that news coming, which was huge and blew me away. i hope we get a chance to talk about that. we have to talk to dr. nicole saphier first about this issue of the false positives or the false negatives that greg was talking about. i know two people who got a false negative test, but then later, like, you did have it. it is a testing getting better on that? >> greg actually did say false

positive, and you're right. they could have false negatives and false positives. it's a blood test and looking for the presence of antibodies. here is the think it a lot of these blood test that they are looking at only look for igg, which of the antibodies that is produced after time. for hiv, actually looking for antibody sometimes, you have to do a test >> that doesn't necessarily mean that they haven't recovered from the infection. that would be a false negative. but they were also reporting some false positives that they are seeing antibodies from other infections, maybe even from the coronavirus. remember, the common cold. those people are getting a false positive. so, if we are assuming that people may be immune, if they have a presence of antibodies, the false positive can be a little dangerous, because you are saying that this person is

immune and now you are sending them back to work. maybe they are older. maybe they have chronic illness. it's hard to say. but the one thing i can say is that we don't know exactly for certain if the presence of antibodies to her determines if someone is immune to it. we can't stop opening the country waiting for these things, because being able to test anyone at any point in time is not realistic in the short term. so, they need to come up with measures to make sure that we can open up smartly and safely and get people back to work. >> greg: dana, can i ask the doctor a question? you know when they say, okay, let's say they find out that the virus is more prevalent in the population, that leads to a conclusion that the coronavirus is less deadly, because it lowers the fatality rates if there are more positives. is that true? because if there are a lot of positives, there's probably also a lot more deaths.

so, the idea of lower prevalence -- go ahead. >> well, it's a very mixed bag question. what you are talking about right now is the small studies that came out of stanford and l.a. they are saying that they did random tests to see with the prevalence was, meaning, we don't know if they were infected or not. who has the antibodies quest marked by those small sample sizes, they said that there's probably a lot more people who have already recovered froml infection. theyou are right. if they were showing that a lot more people had active infections at that point, then we would see about however many percentage of them ending up in the hospital and potentially more deaths. but what they were looking for are the antibodies. at this point, we are seeing 25-50% of people. so, a lot of people may have already had the infection. these reported deaths are the

numerator and the denominator is much bigger, which lowers the fatality rate. i am actually worried that we are attribute in more deaths to covid-19 because right now, people in the hospitals, we are actually counting presumptive positive. people that are dying, they don't necessarily have proven positive tests. they are just saying that they have symptoms of the coronavirus and they have died and they are tested positive. as we have already seen, when they start of the estimates and these modeling scum often times, they are wrong. but it does look at this point that we have been saying for months that we just needed more data. the case fatality rate of this novel coronavirus is likely going to be less than 1%. it may still be a little bit more than the flu, but we don't actually know yet. bottom line is we don't have proven treatment or a proven vaccine. so, until we do, we have to really careful when it comes to allowing this virus to start going freely. >> dana: all right, super

complex, but a great expo nation. doctor, thank you. today, the coronavirus briefing is coming up soon, and while we wait for that, the senate finally approves another stimulus bill. but will it be enough to save small businesses? we'll talk about that. ♪ i wanted more from my copd medicine that's why i've got the power

of 1, 2, 3 medicines with trelegy. the only fda-approved once-daily 3-in-1 copd treatment. ♪ trelegy ♪ the power of 1,2,3 ♪ trelegy ♪ 1,2,3 ♪ trelegy man: with trelegy and the power of 1, 2, 3, i'm breathing better. trelegy works three ways to open airways, keep them open and reduce inflammation, for 24 hours of better breathing. trelegy won't replace a rescue inhaler for sudden breathing problems. trelegy is not for asthma. tell your doctor if you have a heart condition or high blood pressure before taking it. do not take trelegy more than prescribed. trelegy may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain occur. think your copd medicine is doing enough? maybe you should think again. ask your doctor about once-daily trelegy and the power of 1, 2, 3. ♪ trelegy, 1,2,3 man: save at trelegy.com.

that liberty mutual customizes your insurance, i just love hitting the open road and telling people ♪ trelegy, 1,2,3 so you only pay for what you need! [squawks] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪

♪ >> juan: welcome back. we continue to monitor the coronavirus. once it begins, we are going to take you right there. but in the meanwhile, the senate just to prove that almost $500 billion relief package to help struggling small business businesses. he is saying that the democrats wasted 12 days delaying the deal while companies suffered. the question is, will the latest round of aid be enough to keep businesses afloat before they can get back up and running? some states already moving to reopen their economies. georgia, tennessee, south carolina, all causing controversy by announcing plans allowing some places to open

back up. dana, let me go to you and ask about georgia as an example. you have a situation there were the governmen governor is sayine to get go. what i can say, i see is that 5700 new cases recorded in the last week. that's less than the prior week, but it's more than the week of april 5th. it's hard to say that it's totally a declining picture. why do you think governor is saying open the doors right now? >> dana: well, i believe in our system. i think the state's rights is really important. i noticed that governor is getting a lot of heat from the left saying, how could you possibly reopen? look, one, it's his prerogative. it's his responsibility. if it doesn't work, it will be his fault. but it's also the possibility that he understands what's at stake. he knows that people can act responsibly and he's willing to do this. now, what i think is interesting is that the governor of colorado

is a democrat, progressive one, he actually has announced some very similar measures for colorado. those are moving forward. but he hasn't taken any heat. i wonder why. that's sort of interesting. the other thing is on this, the relief bill. so, nancy pelosi and chuck schumer, they held it up for two and a half weeks. i actually think when i saw the republicans call these recent layoffs in the last two weeks, pelosi's laughs, it was kind of interesting branding, because what they got in this bill is very similar to what they had two weeks ago. they all talked about money for hospitals, but that could have been done in a separate bill. there was no republican rejection of that. now, on the amount of money, i think one of the big problems that our government will have, and i'm putting this on both republicans and democrats, is that that paycheck protection act has been super successful. the sba loans, excellent. but it's only 5% of small businesses that have been helped so far. we have got to help them.

now, if these governors can figure out a way to reopen and these businesses can be saved, well, then i think that would be a good deal. my last point on this is that chuck schumer is trying to suggest they got a win in this bill by saying that there is going to be a national. that's not what happened. there is going to be each state having an ability to report to the federal government. but it's not a one-size-fits-all approach that the democrats wanted. >> juan: so, jesse, to pick up on dane's point, you have a argument between chuck schumer and mitch mcconnell, the majority leader in the senate, but what chuck schumer says is that there is money now for the hospitals and there's going to be more money, hopefully on the road for the hospitals as well for state and local governments. part of it is also money for testing. dana said an argument about the fact that the bill now requires a strategy protection. what you think?

>> jesse: it's a lot of money for testing, but there's going to be people fighting over scraps for years to come. not enough money. this isn't something that you can have one loan fix. there's going to be a mom and pop shops that are going to just die or they will just get scooped up by a larger corporation. it's sad and we are just going to have to face that reality. it's never going to be good enough. what i don't like is the new york media shaming states for opening. i mean, we should be applauding these estates. these states that are opening have done a very good job. they've kept fatalities really, really low. i don't think the new york media understands that we don't live in the united states of new york. there is nine other states out there. new york was a perfect storm. it's densely-populated subways, elderly, jfk from an international flight. the whole thing was really bad and there is nearly 20,000

deaths there. some of these states, they are under 1,000 fatalities. you know, nashville, tennessee, 500,000 people. in new york city, 8 million. you can't compare those two situations and act like tennessee has some sort of death wish and there's a bunch of renegades that want to assess the nation. that is not how it is. and they said florida was supposed to be the next new york. florida has 700 fatalities. they are doing a great job there despite their elderly population, and then ultimately, it's going to be business dell might businesses that are going to lead us out of this. las vegas is installing these cameras that can detect fevers so that if you enter the casino and you are really hot, they can detect that on thermal imaging and kick you out.

that's going to be key. >> juan: so, greg, i was going to ask you about if the new bilt one more bill. part of this really interests me. i really wanted to talk to about it. part of this may be that you have to give people more than that one time check for about $1200. and i wonder, given what we have experience with andrew yang, are we approaching the point where we can start to think about something like a universal basic income for americans? >> greg: i mean, i think there's always a reflex to make something permanent. it's something that should only be temporary. this is, i think something that is temporary. however, i'm getting tons of emails from terrible stories of frustration of people calling the unemployment office. people trying to get loans from the bank. all you hear about is the red tape, the hoops and the steps created by pointless administrators in which the

steps and the hoops are created to sustain their employment. so, they need to get out of the way. and here's the problem. when you need something, it's harder to get when they want something from you. so, when you have to write a check to the government, whether it's you know your taxes or a parking ticket, they make it so clear and so easy they practically give you the pen. but when you need help, you've got to fill out form, b, c, nd. you've got to show up in person and do the macarena on slipping slide between the hours of 7:00 a.m. and 7:30, but not today, because guess what? or computers are down. i mean, everybody knows that feeling when they go to the dmv. whenever you need something, they are not there. but when they want something from you, everything is streamlined. it's amazing how professional they are. >> dana: mhm. great point. >> greg: if so, i wanted to

ask you about testing. you were saying in the previous segment, we are not going to have universal testing, but we want more testing. your bottom line is that we don't have a vaccine at this point and then today there was a report where they side chloroquine, the drug that the president and others have been promoting really doesn't make, there's no evidence that it helps. how far away from one, some kind of vaccine, and two, how many tests showed will be able to give people before we can say we are on a good path here? >> well, juan, there's no magic number in the amount of people tested. what we need to be able to do a someone who is symptomatic needs to be able to go to their primary care doctor and that primary care doctor needs to be able to test them. we are not even at that basic level yet. we have an international supply problem. i'm glad that this has been brought to light how dependent we are on other countries for health care, medications, and maybe this is really going to allow us to bring the business

back to the united states. he is doing what he can come about the coronavirus task force, the economic task force needs to get together and tell american businesses what they need for these testings. they don't know. president trump held up a q-tip and that was actually helpful. he's saying, we need these swabs. i'm telling you, people are going to start making those swabs. let's put together a list of what we need to get that. there's not a magic number of how many tests we need. when it comes to chloroquine, hydroxyl chloroquine, and other medications that are being tested across the globe right now, we don't have any firm evidence, good or bad, whether they are working or not. i can tell you that i have heard antidotal stories for my colleagues but some say the combination is working. some are saying, i don't know. that's what we have to wait for some of these randomized control tests. the bottom line is they are not even able to prescribe them for their patients. we are being held by our state legislators telling them that we can't prescribe it. and so, whe we need to cut thatd

tape and allow our outpatient doctors to do that. until you allow the outpatient doctors to actually care for our patients, that's why you have so many people needing to go to the hospital. they are not letting the outpatient doctors care for the patients. when it comes to a vaccine, i mean, i hope we can have something by 2021. right now, they are already using human clinical trials for a vaccine. that is record-breaking time. but it still takes time. we need to make sure not only that it's safe in humans, but that it actually works. and that really does just take time. but, you know, senator rand paul said it best pair he said, right now, in terms of these bills, it isn't the money issue. it is a conversation. we need people to go start buying again from those mom-and-pop stores. that is why they are closing. there are ways that we can actually keep these businesses open. hospitals just got $75 billion in this next bill that got passed. that's because about an 80-90% of the revenue comes from elective surgeries.

if you actually allow hospitals to start doing elective surgeries again, as he mentioned in the phase one plan, they are going to be making money and they won't need money from the government here you have to let them make money. that means we have more banks, more ventilators. >> jesse: we have to run off. okay. before we have to get an aid package from the five, we have to go to a commercial break. the task force briefing is coming up here we are waiting for that. meanwhile, a big city mayor gets a surprise by what happened after prisoners were released from jail because of the covid-19 crisis. stay with us on "the five." ♪ you ever wish you weren't a motaur? sure. sometimes i wish i had legs like you. yeah, like a regular person.

no. still half bike/half man, just the opposite. oh, so the legs on the bottom and motorcycle on the top? yeah. yeah, i could see that. for those who were born to ride, there's progressive.

♪

>> greg: remember when the new york mayor or freed a bunch of inmates because he feared they might get the coronavirus? he victimized the naive civilians who elected him. so, how did this garment bag of dirt respond? "i think it's on a human level that folks would show mercy and this is what some of them have done." shocker. they were deeply hurt that the mirror found there actions unconscionable and they's work from on that they will never steal again. he will take the offer after he hits the gym across town. i normally avoid ad hominem attacks, but he is not an actual homonym. he's a walking stack of stupid. like jungle with feet. he is literally the biggest joke in american politics.

in the nation of adults, we are ruled by idiot children who choose to ignore the links between actions and consequences. remember, as the coronavirus spread, he employed lead normal lives. and now, his own actions spread crime like a virus. citizens see others failing to social distance. >> when you see a crowd, when you see line where there is no distance, when you see a supermarket, you can reported so that we can get help there to fix the problem. it's as simple as taking a photo. all you got to do is take the photo and put the location with it, and bang, send a photo like this, and we will make sure that the enforcement comes right away. >> greg: wow. so, first he tells people to ignore the virus. then, he sends dogs on the city. then he asks fellow citizens.

what a creep. someone should take a picture of him and hang it at every post office. the number one most unwanted mirror or toss it in the bottom of a and flatter him. i would say lock him up, but he would only release himself to a parade that he arranged. all right, juan, this is a city. i think i know the problem here. this is a city in which the politicians don't have a healthy opposition. so, the weaker incompetent candidates can stretch the limits of their own failures. because there is no normal moderates democrat laughs. before you got a point. i don't like any city that lacks that kind of political tension and a lot of the big cities are now in a situation where you have democrats who just ruled. i think you've got to have some kind of challenge. i mean, it's interesting. in new york, alexandria cossey

or cortez now a more conservative democrat willing to run against her. to your point, i think it's a real problem for us as an american people ruled by a constitution that says no cruel and unusual punishment. what do we do with people who are imprisoned which often times can become a petri dish for the spread of disease? so, you don't want to say, hey, you are condemned and you have to stay there, especially if you are not charged with a violent crime. but then what happens when they do get out and commit another crime because people are going to say, hey, you let that guy back out on the street. but from my perspective, i think, look, new york's crime rate has not gone up. it's gone down since we've gone into sheltering to protect ourselves against the virus. in fact, this is a global reality. crime has gone down and i think you have to keep that in mind. >> greg: okay, so there is a solution from adjusted.

do remember sheriff arpaio? instead of saying let them go, why can't you build a temporary place? i mean, it's been done. >> jesse: yeah, didn't he make him wear pink underwear? that was him at his best. i remember that guy. i mean, come on. criminals commit crimes. shocking revelation, mayor or. soon he's going to find out that babies cry and women are jealous that fat people like to eat. is this his first day on planet earth? he's like a parent that leaves his teenage son alone on the weekend comes back and can't believe he threw a party. can you believe that? look, if i was the mayor and there was an outbreak in the prison, what i release everyone from the prison? no. there is sheltering in prison. i would keep them there, i would treat them, and that would test

and treat the guards. it's not that crazy. the other thing is too, the knocking thing. you call it a thing. this guy says don't go to jim's and work in this pandemic. the next day he was photographed at the gym working out. you know what his excuse was? well, on the mayor so i have to stay in shape and be healthy to guide the city. the governor totally eclipsed him. >> greg: i agree with almost everything you say, but i will say that men can often get jealous and skinny people like to eat too. >> jesse: more jealous. more jealous. [laughter] >> jesse: i may be the most insecure person. >> juan: i think greg saved you, jessie. he's holding your hand. >> yeah, i was get ready to go. i was getting ready to go. >> jesse: i'm like greg. i don't make attacks.

>> greg: you just make blanket statements. [laughter] >> greg: the mayor wants to hava parade and i know it's a noble thought for responders and hospital staff, but is it really wide to have massive events once you reopen the city? >> you just have to look at what happened in st. louis in philadelphia after 1918, the spanish flu. philadelphia had a massive spike in cases again and a lot of deaths occurred. but in terms of the prison population and people being re-offenders, i mean, the 2018 bureau of justice statistics actually said that about six to 8% of people released from prison will get put back in for three years for committing a new crime. it's not even like they flipped like crime whether or not people were going to commit crimes again. we need to be smarter about this. >> greg: you know, dana, i

think that de blasio's success is based on all the work that was done before him with bloomberg and giuliani. it's like they gave him an expense account of a healthy city and he's just spending it everywhere. he's got so much to work with. >> dana: yeah, he's that guy on, in a bike race that just cuts in behind the leader and coasts right through. he's probably one of the -- i haven't seen the numbers, but most mayor 's approval ratings have gone way up across the board, but i think he's probably the nation's worst mayor, i think. i think it is fair to say that. i don't know if that's a blanket statement or an ad hominem attack. i just think it's an attack. >> greg: one dana, the nicest person on earth says you are the worst mayor or in the united states, it's probably true, because she doesn't ever say stuff like that. okay. coming up, the biden vp sweepstakes. joe drops another hint, but is

he being serious? that's coming up next. ♪ ♪ it's only human to find inspiration in nature. and also find answers. our search to transform... ...farm waste into renewable natural gas led chevron to partner with california bioenergy. working to provide an alternative source of power... ...for a cleaner way forward.

however, there is one thing you can be certain of. the men and women of the united states postal service. we're here to deliver cards and packages from loved ones and also deliver the peace of mind of knowing that essentials like prescriptions are on their way. every day, all across america, we deliver for you. and we always will.

i have moderate to severe pnow, there's skyrizi. ♪ things are getting clearer, yeah i feel free ♪ ♪ to bare my skin ♪ yeah that's all me. ♪ nothing and me go hand in hand ♪ ♪ nothing on my skin ♪ that's my new plan. ♪ nothing is everything. keep your skin clearer with skyrizi. 3 out of 4 people achieved 90% clearer skin at 4 months.

of those, nearly 9 out of 10 sustained it through 1 year. and skyrizi is 4 doses a year, after 2 starter doses. ♪ i see nothing in a different way ♪ ♪ and it's my moment so i just gotta say ♪ ♪ nothing is everything skyrizi may increase your risk of infections and lower your ability to fight them. before treatment your doctor should check you for infections and tuberculosis. tell your doctor if you have an infection or symptoms such as fevers, sweats, chills, muscle aches or coughs, or if you plan to or recently received a vaccine. ♪ nothing is everything ask your dermatologist about skyrizi. ♪ since 1926, nationwide we've been there in person, during trying times. today, being on your side means staying home... "nationwide office of customer advocacy." ...but we can still support you and the heroes who are with you. we're giving refunds on auto insurance premiums, assisting customers with financial hardships, and our foundation is contributing

millions of dollars to charities helping with covid-19 relief. keeping our promise to be on your side. ♪ >> jesse: did sleepy joe just overshadow his vp pick? "i would take her in a heartbeat. she is brilliant. she knows her way around. she's a really fine woman. the obama's are great friends." biden did add that he doesn't think michelle obama would take him up on it. [laughs] all right, greg. what do you think? >> greg: well, let's face it. she would be the most, without question, the most appealing candidate and joe realizes that, like everybody else realizes, they are worried about his candidacy. it's like somebody went up to him and said, "hey, joe, this looks really bad. if only michelle could help you

out." and he says, "you know what? you're right." one, ask who you really want for vp. two, make him or her the vp. three, then break up with joe. >> jesse: [laughs] dana, it is a critical vp selection, may be more critical than we've seen in a very long time and never but he knows why. >> dana: that's true, although i think if you think back to mccain, that was also said to be the most important choice he could make. but i really just don't think, maybe if it was michelle obama, people would come out and vote for joe biden come because she is going to be the vp, but generally the vp selection is a lot of noise until you get to the real magic. it just going to be trump and biden. i'll think the vp pick will matter that much. >> jesse: juan, what say you? actually, instead of juan, we will go to the president at the white house with the coronavirus. ♪ >> trump: let me start by

saying that our love and prayers of every american continue to be with our fellow citizens if you have lost friend or or family member to the virus. amidst our grief, we are making tremendous strides against this invisible enemy thanks to our aggressive campaign against the virus and the talent of her medical professionals. our mortality rate remains roughly half of that of many other countries and one of the lowest of any country in the world. that's due to a lot of, a lot of things come about our medical professionals have been incredible. since we announced our guidelines on opening up america, as we call it, i think we can add the word probably again. but that's what it is. we are opening up america again here in 20 represented 47% of

the population have announced that they are making plans and o safely restart their economies in the very near future. so, that's 20 states. 40% of our country have been moving along pretty quickly. three announced today, as you know. they are going to be doing it safely. they are going to be doing it with tremendous passion. they want to get back to work. our country wants to get back to work. a short time ago, the senate passed the paycheck protection program and health care enhancement act with additional funding for the paycheck protection program, hospitals, and testing. all of them, especially for our workers and our small business businesses, my administration is working aggressively with congress to negotiate this critical $482 billion funding package. we reached a deal that includes

$382 billion in crucial small-business support support to keep workers on the payroll. $75 billion to eight hospitals, which really need the aid and very badly. very proud of that. $25 billion to support the coronavirus testing efforts. i urge the house to pass the bill and they are going to be voting on it i imagine very soo. i think while we are here, secretary mnuchin, he's going to be running back. we will talk about that now and take a couple of questions. and then he can go and start phase four. probably, they will be voting tomorrow in the house, but shortly, shortly. i think we have tremendous support. so, steve, please come up and say a few words. >> secretary mnuchin: thank you, mr. president, and thank you for all of your work with us to get this passed.

i would especially like to thank mitch mcconnell and chuck schumer and the entire senate for passing this. i would also like to think kevin mccarthy and nancy pelosi who have been working with us around the clock as well and our chief of staff, mark meadows, who is also very instrumental in this. let me just comment, we've had tremendous support. this gives us another $310 billion for the ppp. we look forward to the house passing this tomorrow and being up and running quickly after that. this also gives us $50 billion for disaster loans, idle loans that will allow it to make $300 billion of disaster loans, offer small businesses. also, allows us as the president said, more money to hospitals and unprecedented amounts of money for testing. and again, i think we understand hospitals, not only the hospitals that have been impacted by the coronavirus, but more importantly many hospitals that have been shut down and

making sure that the doctors and nurses get money. now, let me make just one more comment on the program. we have over a million companies that have received this with less than ten workers. so, there is very broad participation and really small business. i will comment that there have been some big businesses that have taken these loans. i was pleased to see that shake shack returned the money. we will be putting out some faqs. there is a certification that people are making. i asked people to just make sure the intent of this was for business that needed the money. we will put out an faq. again, the intent of this money was not for big public companies that have access to capital. >> so, mr. secretary, are you going to request that those other, obviously shake shack was not alone. >> president trump: i'm going to request. i'm going to request.

>> you are going to ask? >> president trump: they should it be taking it. when i saw harvard, they have one of the largest endowments anywhere in the country, may be in the world, i guess. they are going to pay back that money. >> secretary mnuchin: i just want to clarify, because certain people on the ppp may have not been clear in understanding the certification. so, we will give people the benefit of a doubts. we are want to put an faq out, explain the certification. if you pay back the loan right away, you won't have liability to the sba entry treasury. but there are severe consequences for people who don't test properly the certification. and again, we want to make sure this money is available to small businesses that need it, people who have invested their entire life savings. we appreciate what's going on and they are hiring people back. >> how are you going to ensure that those small businesses of small restaurants, cafes who did

not get the money last time around are going to get it this time question marks before as i said, there are a million of these companies that didn't get it that are very small. we are working with the banks. we are strongly pleased but the small banks did great. 20% of the loans were made by banks. 60% by 20 billion. the big banks also. we want everybody to participate. there's a lot of money back in the program and we look forward to all these small businesses getting access to funds. it's great to see you here. >> a can you estimate how long s it going to take? do you assume this is going to go quickly as well? >> secretary mnuchin: let me just say, we are pleased with the success of this program and how quickly this got up operationally. we put out more money in these sba loans than in the last ten years of sba's. so come i want to thank all the banks that have worked really hard. we knew that when we pass to originally, if there was, theree

wouldn't have enough money pair that's what we worked with congress for more money. we have already had about 30 million workers. there will be a lot more. we look forward to this having a big impact on the economy. >> they are access to some of these programs. can we get an update on that? >> secretary mnuchin: of course. we worked with the white house on this. there were actually much more restrictions in the sba program. there were people that had misdemeanors who were not allowed back into the program. it was much longer than five years. we very much because of the criminal reform that has been done, we specifically designed the program and it was significantly shorter than what had been done before. so, we have already taken that into account. for now, we are not going to do that. but i just want to emphasize that we did take this into account for a lot of people with limited access previously and we

change those regulations. >> the president talked about a phase four. i know that we all understand the circumstances, but how many more phases can we afford to have or what can we expect to have and do you see a phase 5, 56, face 7? what are you thinking of? >> secretary mnuchin: first of all, i very much appreciate the president's support for face 4 peered he put out a tweet as the president said, we would look forward to phase 4. it would be infrastructure. he has been talking about it for structure since the campaign. roads, bridges, especially broadband. it's very important. we talked about incentives for restaurants, sports, entertainment. these businesses have been impacted. the president has talked multiple times about a payroll tax cut. and we've also, we are talking about in the case of states, the states that we have heard from the governors and the issues of the states. i think phase 4 will most likely be what we would need.

i think based upon what we are seen and their reopening of the economy and the amount of money we are putting in and working with the federal reserve, i think you are going to see a lot of liquidity and we look forward to a business rebound income especially later this summer. >> to follow up ppp program, is this money for small businesses? >> secretary mnuchin: we expect this is the last, but we can always reconsider that. this is a lot of money coming out. again, let me just be clear, it's another 310 billion here and another 300 billion of loans. that's over $600 billion. we are putting it down to small businesses, which is the backbone of the economy. >> it will include all of those? >> secretary mnuchin: we will work with congress on that and we will consider it. it will be a big investment.

>> taxpayer dollars are going out the door. independent oversight on the behalf of the taxpayer. >> secretary mnuchin: we have independent oversight. we supported it in the last legislation peered i'm going to be very clear. we have a new inspector general. the president has already picked someone for that position. we look forward to the person being confirmed. we have an oversight committee of congress. many have artie been appointed. let me just say, we put up last week for a full transparency peered we had no obligation to do that. we put up in treasury.gov full transparency on the money that had been sent out on the ppp showing all the big lenders, how it was distributed. no one had more than 4%. it shows the businesses. so, again, the president and i very much believe in full transparency. we are spending a lot of money and we want to make sure that it's done effectively and fair fairly. >> secretary, thank you. you talked about the leaders in the senate. can you tell us how easy it was to deal with that?

>> secretary mnuchin: well, we've been working around the clock. i think there has been very good bipartisan support to get this done. the congress is coming together understanding the importance of this. and we've been working around the clock for days. so, this is important legislation. there's a lot. we spoke to a lot of people. mark meadows has been fantastic, as i said. it's great to have him here in the white house. i couldn't have done this without him working on this with me on the president and vice president have been available to us around the clock. so, this was a big team effort. >> collaboration of the democrats? >> absolutely peered we couldn't have gone through this today without unanimous consent and the democrats being onboard. we look forward to this being passed on a bipartisan basis tomorrow. it's a really good example of the country coming together to fight this virus. >> what is your best understanding of what mitch mcconnell wants? >> secretary mnuchin: again.

i don't think we are at the point of designing that. like every other bill, we will work with senators on votes on bipartisan base. basis. i can tell you there's a lot of work, particularly with things like broadband and especially what is going on today. the president has talked about what was on the campaign with the president. we've been talking about bridges and tunnels and rebuilding this country for years. so, the president wants to make a big investment in this. >> and mitch mcconnell. when will we see the $17 billion reserve for companies, critical financial security. an>> secretary mnuchin: so, we are in the process of -- that part was really designed for national security companies that are either major suppliers to the department of defense or companies that have top-secret clearance. so, that national security provision was very clear when we did that. the president has asked me to

work with the secretary of energy. obviously, the energy business is very important to us. this has national security issues. we look forward to looking at what existing capabilities we have and that will be something we may need to go back to congress and get additional funding. >> the airline bailout at all? >> secretary mnuchin: it's a complete different situation here what you have with airlines is we have a very, very good airline industry because of the virus, the basically shut down. we have a situation now with the oil partially because of the virus for lack of demand. but partially because of too much supply peered the president is determined we want to maintain our energy independenct has asked me to look at all of our options and we are doing that. obviously, it's a pretty extrrd