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tv   ABC 7 News  ABC  March 25, 2020 3:00pm-3:29pm PDT

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you go back, look during the fdr new deal days, there was something that if you time value it, you could say it was bigger. i don't know but this is certainly in terms of dollars the biggest ever done and that's a tremendous thing because a lot of this money goes to jobs, jobs, jobs, and families, families, families. the senate bill, as you know, includes $350 billion in job retention loans for small businesses with loan forgiveness available for businesses that continue paying their workers. they continue paying their workers. that's what we want. we want them to keep their workers and pay their workers. this will help businesses keep workers in the payroll and allow our economy to quickly accelerate as soon as we defeat the virus. $300 billion in direct cash payments will be available for every american citizen earning less than $99,000 per year.
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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 their salary for up to four full months. unlike normal unemployment benefits independent contractors and the self-employed will be eligible so you have independent contractors and self-employed people will be eligible for this. over $100 billion to support the heroic work of our doctors, nurses and hospitals. they've been incredible. $45 billion for disaster settin, ate thabling the amount a
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national emergency and disaster declarations. that's a doubling up. $27 billion to build up the strategic national stockpile with critical supplies including masks, respirators, pharmaceuticals and everything you can imagine because it was very depleted like our military was depleted. now we have a brand-new military. never had a military like this. we have equipment either coming or it's already come for the most part it's already come but we have a lot of things that will soon be coming, planes, missiles, rockets, lots of things, but the stockpile was very depleted like everything else. this will also include significant funding for the 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 stockomethi
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insisted on and, frankly, i tell you the republicans wanted that and the democrats wanted that. we want them to use the money for the companies and the planes or whatever they may be helping to get over this rough patch and i don't think it's going to end up being such a rough patch. i think when we open -- especially if we can open, the sooner the better. it's going to open up like a rocket ship. i think it's going to go very good and very quickly. and you're going to have some tough new limits on executive compensation also. they need the money. they're going to have to sort of just make things work because we're interested is,n the intesi the companies because that's really what fuels the workers in those great jobs and we also have $16 billion in funding for the purchase of personal protective equipment, you know about that, such as masks and
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respirators through the strategic national stockpile and i encourage the house to pass this vital legislation and send the bill to my desk for signature without delay. i will sign it immediately. we will have a signing and it'll 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've ever had these last few years and then a little bit less than a month ago they went into a position that they haven't seen because of the hidden enemy, the virus. earlier today i spoke to the leaders of many of america's amazing nonprofit organizations. i thank them for their unwaiving and unwavering devotion to american people, to american families, to our nation and they have been fantastic.
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they've been collecting supplies distributing food, supporting health care workers, caring for vulnerable workers and families. i encourage them to continue to do it but i'll tell you the nonprofits have been fantastic. they've been great. they're great people actually. i know a lot of them. finally i want to provide a brief update on the critical supplies. through fema, the federal government has delivered or is in the process of shipping 9.4 million n95 respirators, think of that, 9.4 million. 20 million surgical masks and we have others that we think are going to be delivered pretty quickly. the whole world, you know, it's not just us, it's not just the states, the whole world is trying to get these things so in competit broke the 150 mark for the virus. we have 150 countries, over 150 countries where you have this virus and nobody would ever believe a thing like that is
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possible. nobody could have ever seen something like this coming but now we know and we know it can happen and happen again and if it does, somebody is going to be very well prepared because of what we've learned and how we've done. it's been incredible how we've done. remember there's more tests than anybody by far and the news, the reporters, the media always likes to bring south korea. they called me and told me it's amazing your testing procedures are amazing plus we have a test that's a high-level test and it's very accurate. 3.1 million face shield, 2.6 million surgical gowns and almost 6,000 ventilators, which go to the areas of greatest needs. we sent over the last day 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
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was very happy. it's hard not to be happy with the job we're doing. that i can tell you. throughout this national emergency, everyday heroes demonstrate the character of our nation including the people behind me, by the way, these people are amazing. they are amazing people and they become -- i don't know, maybe i should just speak for myself but to me they've become friends. maybe they don't like me. maybe they don't. maybe they do. all i can tell you, they're talented people. they work veryus his own birthd buy meals for dozens of senior citizens. in nevada a college student recruited 90 of her friends to help deliver groceries and supplies to the most vulnerable. this is 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
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helping to keep our doctors and nurses on the front lines fighting to save lives. these inspiring americans remind us that we all have a role to play in winning this great national battle and it's really a worldwide battle. we're dealing with other nations all the time. they're the people here -- i am a little bit -- i take calls from a lot of people. they're in trouble. a lot of countries are in big trouble so now we will hear from our great secretary of the treasury. he's been working rather hard, i will tell you, steve mnuchin is a fantasti our country and he's been dealing with both sides, republican and m of the most beautiful buildings in the world and has gotten to know it, steve, very well. so if we could have a little update, steve, it would be fantastic as to how we're doing and what it's looking like, thank you.
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>> thank you very much, mr. president. and first let me say i would like to thank mitch mcconnell for his leadership and i'd also like to thank chuck schumer for the enormous bipartisan support we had on this bill and the many senators both republicans and democrats that worked tirelessly over the last five days on all the task force. the president said i got to live in the lbj room for the last five days and we couldn't be more pleased with the unprecedented response from the senate to america work thsintoutlined many o again, 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 and those
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loans will be forgiven at the end of the period as long as they keep workers pemployed. these are sba lons but the treasury will issue new regulations authorizing almost every fdic insured bank to m in these. i expect by the end of next week we will have a very simple process where these can be made and disbursed in the same day. this will be a very simple system to get m into small for economic program of tax incentives to retain workers and as the president said, we have enhanced unemployment insurance for people that don't 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
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if you are a couple, you will make up to $150,000 a year and you will receive $2,400 in a check. you will get $500 per child. there's also some graduation as it relates to between $75,000 and $99,000. you would get less than $1,200. in california, unemployment is about $450 a week. that's going to be augmented up to 6$600 a week for unemploymen based on what your income was at the time. beyond that, we're going to be able to provide for small businesses. there's two grade programs here. one is if you retain your
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employees, you are going to get a tax credit for the cost of that payroll andth ge a sb that loan, it will be forgiven if you retain your employees during that time frame. as it relates to your 401(k) and your ira, you will be able to take money out without penalty for the purposes of getting by during this -- you will have three years to repay that. that's another great benefit. student loans, there will be an automatic no interest for the next two months. if you want forbearance, you can be provided that. you will have to apply for it. there's a lot of very important
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elements that all of our constituents have been asking for. i'm doing a town hall at 4:30 this afternoon. >> you have had to adapt in the way you connect with constituents. that town hall is interesting. i want to ask a question that our facebook viewer is asking us on facebook of you. she's asking, what assistance is there for self-employed people who don't qualify for unemployment. >> very good question. you are going to be covered. those in the gig economy, self-employed are going to be able to receive benefits under the unemployment system in the state of california. but for the coronavirus -- for the first time ever we are providingns for the independent contract -- >> we are running into a few technical issues. missed the last part of that. there's another question, what help is there for renters?
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i see help for homeowners. >> there's actually a lot of help for renters right now. there's a bay area wide restriction on evictions. i think that there's an expression -- accommodating for at least -- i'm not certain about that. that's being done on a local level. >> here is another question. are retired people eligible for assistance? >> you are eligible for assistance -- taking money out of your 401(k) or your ira. you are also going to be able to access any kind of health care without any cost relative --
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>> some technology issues we're encountering. you are back. all right. i think we're going to have to say thank you so much. unfortunately, that signal got lost there. we appreciate all the information she had to share with us. she's also pushing to include in that bill protection for g cruo covid-19. the house is set to vote tomorrow. we will take a break on air. on live stream, we will continue. of course, we will try to get that connection re-established. continue to send us questions. hopefully, we will get that back on facebook live,
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we are back o conversation short. we will get her back another
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time. she's doing a virtual town hall attomorday, which you can join her on that platform and ask your questions of her. do you have kids home, remote learning? talk to me on facebook live or youtube live and tell me how your kids are doing at home. are they adjusting to the remote learning well? are they going stir crazy? let me know. i had the chance to interview a student journalist earlier. he is home. but he documented the moment his school closed. i talked with him about his journey and even broke some news to him. >> there will be no extracurricular activities taking place beginning today. stay safe. wash your hands. we will see you in two weeks. thank you. >> on march 12, 2020, the san mateo school board voted to shut down all schools for what's become four weeks in an effort
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to stop the spread of the coronavir coronavirus. i was working on a story how my school was concerns. i was going to do a report on how they were sanitizing the school, keep it from spreading without closing school. then i got the announcement that they were closing school. my story was useless. what i did next was really just do what i could to get a story out and document what it was on the last day of school, how kids were feeling before the situation happened. for me and basically a lot of students and educators, this has never happened before. >> since this video, the school closure has been extended, if you saw our report. now may 4th at the earliest. the reality of maybe not going back to school the school year, how are you dealing with that? how are you processing that? >> did it get extended to may 4? i didn't know that. wow. wow. you know, i've been dealing with
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it. i honestly have been going through the motions my school has been telling me to do. >> that's not easy. some of you are sharing your stories. you say you have two kids in high school. they are adjusting well. that's good to hear. you say, your kids have online classes. that is good. a lot of school districts are ahead of it and figured it out. ward his really did not have to dad is an anesthesiologist. he is also a navy reservist who is deployed to the navy fating hospital mercy. here is that part of our conversation. >> i'm very proud of my dad. i'm very grateful for him and basically all the doctors and health care workers across the country. >> your dad has a message for
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you that he sent to me. he says, tell edward everything has been running very efficiently despite the speed of this it appears we are well stock and not to worry. don't worry, edward. we want to thank your dad for his service and you did a great job with this video storytelling. the only thing is, when you are ready to apply for a job, check to abc 7 first. >> thank you. >> take good care. thank you to dr. vernon wong for your service. we wish you well. be safe out there on the mercy. edward, i mean it, when you are ready to gworld for here, we woo have you here. as we go through this pandemic together, some people are trying to pull positives out of the majority of our state working from home. a viewer named carol posted a great suggestion on our building a better bay area facebook page. she basically says the bay area has proven we can work from home. it has improved traffic, air quality and lower crime.
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all true. she asked, what if we could m n maintain the benefits by staggering work days? it would improve a lot of aspects of daily life. why can't we? can we? let's bring in jim with civic makers to talk about that. we have chatted with you before. how are you doing, jim? jim, we're working on your audio. i want to let folks know that civic makers focus on helping cities and organizations find solutions for common problems. they are futurist in a way. the wags havh can bse of the wags havh can bse of ntin(brad)apartments-dot-com puts more renters in new homes than any other website. ho. release!
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[indistinct chatter] (womi think he wants me to move in with him. (woman 2) what? (employee) i've got a potential lead on a vacancy. (woman 1) what's up with this dog? (woman 2) is that your dog? (brad) good boy. (woman 2) what's up with the cone? (brad) i told you this would work. apartments-dot-com. the most popular place to find a place. ♪ ♪ (animal noises) ♪ ♪ (animal noises) morning. ♪ ♪ this room's booked. oh. yeah. okay. ♪ ♪ (animal noises) life's more fun with a dog. ♪ ♪ and doglife is more fun with milk-bone. ♪ ♪ it's a like, a dagger?a worm! a tiny sword? bread...breadstick? a matchstick! a lamppost! coin slot!
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no? uhhh... 10 seconds. a stick! a walking stick! eiffel tower, mount kilimanjaro! (ding) time! sorry, it's a tandem bicycle. what? what?! as long as sloths are slow, you can count on geico saving folks money. fifteen minutes could save you fifteen percent or more on car insurance. welcome back. we are able to bring from our s
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corresponde correspondent. he is part of our coronavirus team of experts. every day he will talk directly to you in a segment we're calling dr.'s note. dr. patel is talking about chloroquine. a man taking it thinking it would protect him. president trump talked about it in one of the news conferences. that man took something used to clean fish tanks. it's not a pharmaceutical. >> this is dr. patel. on today's covid-19 doctor's note we will talk about chloroquine. the public should not rush out to get this drug. it's been around for decades to treat malaria and is fda approved to treat lupus. the counterpart h where
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droxychloroquine. it was a small study and doesn't mean it's safe and effective for everyone. people are out there trying to get it thinking it's going to treat or prevent covid-19. i heard reports of lupus patients who couldn't get the prescription filled bcause supplies are short. we are hearing cases of overinjections, like an arizona man who died after taking a non-pharmaceutical version of the drug. it's out of hands. some hospitals are trying it out if clinical trials. until we know more, please, do not self-medicate. >> there you go. that's the doctor's note. we want talking about a viewer, carol, who posted on our building a better bay area facebook page whether companies might start to stagger work days. i assume not everybody goes in
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the same time same day. maybe some people work from home and alternate. jim, do you see that after all this is over and we hope that is sooner rather than later, this transformation where companies may have more people work from home? what do you think. >> i love her creativity. it's a great idea. government's promote telecommuting. it's one of the things they do along with bike to work and ped to work. it's part of the alternate transportation messaging. they try to do that. i think if it came to a mandate on mandating businesses could only work, say, any other day, that would be a bigger challenge. understand that governments have tried to do with every other day on your lawn watering. that hasn't been very successful. one of the things is americans are independent. you might be balancing public
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benefit with individual liberty and freedom. more often than not, americans like their individuality freedoms. and liberty. i think a lot of people would balk, especially small businesses, as being told when they could work. >> indeed. one thing is for sure, i think we will be transformed that we couldn't foresee. jim, we are going to want to keep this conversation going. thank you so much for joining us today. folks, we want to thank you for joining us on this new experiw every day, 3:00, on air and on our live platforms, facebook live, some of you had great questions. we thank you forli.c7news.com a app. tonight, the news coming in now. more than half
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tonight,

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