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tv   CBS Overnight News  CBS  March 23, 2020 3:00am-4:00am PDT

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breaking news tonight. still no deal to help americans in crisis. the white house and congress wrangling over trillions of dollars of aid as the pandemic worsens. >> we're going to get hit. no doubt about t. >> also tonight lock downs. some americans flout the new rules. some stock up while others simply shine. ♪ ♪ the faithful if this weekend finding new ways to connect. and as the health crisis worsens, are hospitals here ready? we are on the rural front lines. and they deliver. what surprised us on our ride with volunteers from meals on wheels. >> if we mess up, that person goes without. >> and later, americans and the
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sound of hope in these uncertain times. wechrt. ♪ ♪ ♪ ♪ >> announcer: this is the "cbs overnight news." >> good evening, everyone. i'm doug dunbar reporting from dallas-fort worth tonight. it is crunch time for so many americans, but there are still no deal in the nation's capital to help those struggling in this severe health crisis and the economic fallout it has caused. today the confirmed number of cases in this country is 32,000. that is the highest in the world. at least 400 have died. we have correspondents around the country and overseas. we begin with nikole killion at the white house. >> reporter: this package is not only aimed at helping americans directly, but small businesses and hard-hit industries like the airlines, but all sides agree time is of essence. the white house and congress worked frantically sunday on a
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massive trillion dollar plus stimulus package. >> make no mistake about it. we'll be voting tomorrow. i mean, the wheel has to stop at some point. >> reporter: the senate tried to press ahead despite some democrats' objections. >> we're not here to create a slush fund for donald trump and his family. >> reporter: speaker nancy pelosi indicated the house may take matters into its own hands. >> we'll be introducing our own bill and hopefully it will be compatible. >> reporter: treasury secretary steve mnuchin instressed swift passage noting money needs to be injected into te economy now. >> a check for a family of four will be approximately $3,000. >> reporter: meantime need continues to grow for critical supplies like massings. >> the demand for these critical items is not only nationally, it's globally. we shipped today. we're going to ship tomorrow. >> reporter: the president tweeted auto makers like form, gm and tesla are being given the
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go-ahead to make ventilators and other metal products, but some state and local officials warned it's not enough. >> if the president doesn't act, people will die who could have lived otherwise. >> reporter: one kentucky senator raise your hand paul has now tested positive for coronavirus and is in quarantine. a member of the vice-president's staff also tested positive, but a spokesperson says the vice president and his wife are negative. doug? >> nikole, thank you so much. tonight the state that is home to the city that never sleeps officially will go on pause. at least that's what new york governor andrew cuomo calls this effort to keep millions inside and away from each other. nationwide one in four americans has been mandated to do something similar. jonathan vigliotti is in los angeles. >> reporter: california is supposed to be sheltering in place, but the state's beaches and hiking trails are crowded. new york's times square has become the nation's billboard for what social distancing should look like in the city that never sleeps.
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silence. residents in chicago stayed apart, but came together through music. ♪ ♪ on key or not, thousands signed up for the window sing along of living on a prayer, including the singer john bon jovi. >> these trying times i am with you with my heart and soul. >> reporter: isolated around the world they came together for a party hosted by dejay d-nice. >> we got 100,000 people in here rocking with us right now. this is absolutely insane. >> reporter: online shopping is also ramping up to christmas-time extremes. amazon is looking to hire.
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>> somehow the show has gone right along. >> reporter: the coronavirus is no exception. jonathan vigliotti, cbs news, los angeles. >> and then there's this. with so many places of worship closed today, a lot of people are being forced to find a different way to connect with their faith and their community. here's our meg oliver. >> we're going to get through. >> reporter: across america, church looked very different today. at this drive-in service in ohio, cars honked hallelujahs and amens. >> if you shout in church, you can shout at home. >> reporter: there was no singing at the metropolitan baptist church in newark, new jersey. like so many, reverend david jefferson delivered his sermon to a virtual congregation. usually at least 2000 attend. how did it feel today preachg without your congregation physically present?
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>> very awkward. awkward to look at empty pews and deliver a message. >> reporter: with national warnings to stay home to stop the spread of coronavirus, houses of worship are getting creative. at saint dominic's in new orleans confession is offered outside. >> i have my purell and crucifixion. >> reporter: a new york city pastor tim weiss just started at holy trinity lutheran church. in a city under lock down, he's introducing himself to his congregation through youtube, even offering his cell number to anyone in need. >> if you need anything during this trying time, let me know and i will move heaven and earth to help. >> reporter: although sunday services are postponed and mostly online here in new jersey, some churches are still open during the week for prayer and private reflection. doug? >> meg oliver, thank you so much. if you're feeling stressed out, steve martin would like to help.
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♪ ♪ martin took to the woods to offer this simple gift to soothe our souls. he posted what he calls his banjo jamb on twitter. at last count nearly half a i million people tuned in. 78 seconds of music capped off with that quiet steve martin smile. in new york city a couple is offering evidence even in this pandemic, life and love can go on. >> i announce you married! >> that's amanda wheeler and riley jennings exchanging vows on a city sidewalk. the minister presiding from his apartment four floors up. the wedding was attended by friends and dozens of curious new yorkers. the "cbs overnight news" will be right back.
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♪ ♪ >> announcer: this is the "cbs overnight news." >> worldwide, the coronavirus is taking a devastating toll. confirmed cases now top 300,000. over 13,000 have died. elizabeth palmer in london tonight tracking the crisis in europe. >> reporter: exhausted and overstretched, doctors and nurses are working round the clock in northern italy, but still, this outbreak is currently the worst in the world. italians may be under lock down. big cities like rome have never looked so empty, and yet there
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were more than 600 new deaths just overnight. it was a military convoy that transported coffins to the cemetery outside the town of bergamo. spain is bracing for its own outbreak, the second worst in europe to escalate. authorities in madrid have ordered a conference center to be transformed into an emergency hospital. in british pubs, last call was friday night. they are now closed and so are restaurants. the number of deaths in the u.k. remains relatively low, 281 overall, but it is steadily rising. and today the government announced that a million and a half especially vulnerable people will be asked to stay at home for three months. for those still out and about in jns adved don't get too close. >> don't think that fresh air in itself automatically provides some immunity.
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you have to stay two meters apart. >> reporter: but that kind of distancing simply is not possible in much of the developing world. and epidemiologists warn that more than a billion africans and indians will be facing the crisis next. elizabeth palmer, cbs news, london. >> we know here in the united states hospitals are bracing for the worst. some already feeling it. it's not just the big cities. rural towns are also on the front lines of the health crisis. places like clifton, texas, where we find our omar villafranca. >> reporter: in the fight against covid-19, nonessential visitors aren't allowed at good all witcher health care facility in boske, texas. the halls are quiet. adam wilman knows that could change at any moment. >> i think we are as ready as we are for the given time now. >> reporter: wilman is the hospital's c.e.o. his job is to keep this rural 25-bed hospital ready to treat any patients who come here with the virus.
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what number keeps you up at night? >> one. >> reporter: one keeps you up? >> at this point we're prepping. the plans we have in place, the education we've done with our employees, one patient is that case. that keeps us up at night. how many can we handle? we're going to take care of our community. >> reporter: so far one person has tested positive here for covid-19, but wilman expects more cases. this hospital and nursing home center is the closest health care facility for the county's 18,000 residents. >> thank you. bye-bye, take care. >>reporter: even here in clifton, population 4,000, people are taking the threat seriously. at the corner drug and cafe, one employee's only job is to wipe down tables and door handles. owners added phyllis riser say they want to protect their customers customers. >> our customers are our na. now people by meho le, omop
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it would be very difficult if we felt responsible. >> reporter: as part of the precautions at the hospital, our cbs news crew was not allowed to enter. instead, a staff member agreed to take a sanitized camera inside. the video shows nurses checking visitors' temperatures. >> do you have a cough, fever? >> no. >> reporter: we also saw a handful of masks to protect the doctors and nurses thanks to wilman who decided to stock up three weeks ago. >> we decided to go to our local hardware store and our feed stores and our tractor supply and buy all the masks we could get our hands on. >> reporter: in texas, some 26 rural health care facilities have shut their doors since 2010. wilman worries that more rural hospitals could be victims of the coronavirus. >> we were struggling before this, and now we have no routine business. the erie fact is these empty halls could become permanent if we don't figure something out. >> reporter: test kits are still in short supply in rural hospitals, and they are
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desperately needed. that hospital in boske county has already conducted 17 tests. 15 came back negative, one came back positive and one is still pending. doug? >> omar, thank you. straight ahead. the volunteers making sure that everyone is fed, even during a national emergency. and? >> i think we can probably make and giveaway a thousand gallons a day. >> while some try to profit from the sanitizer shortage, this company is giving it away. ♪ ♪ and later, the sound of silence broken. the spirits of the neighbor lifted. ♪ ♪
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well, here's to first dates!
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new olay retinol24. face anything. olay. now available with retinol serum and retinol eye cream. frustrated that clean clothes you want to wear always seem to need an iron? try bounce wrinkle guard dryer sheets. the bounce wrinkle guard shorts have fewer wrinkles and static, and more softness. it's the world's first mega sheet that does the job of three dryer sheets! bounce out wrinkles. across this country an army of volunteers delivering meals, sometimes putting themselves at risk all to help our most vulnerable. mireya villarreal on a texas size to meet the challenge. >> reporter: the mission here is as steady as its serving line. make meals for seniors in need. >> no senior can go unfed. we have to do what we have to do. >> reporter: fulfilling that mission comes complicated with
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lingering concerns over coronavirus. >> did you get a count for what's left? >> reporter: paul landau is here every morning at 3:00 a.m. more than a dozen workers in his kitch kitchen pump out more than 6000 meals a day. >> we mess up one meal one bag, that person goes without a meal that particular day. >> this is unprecedented. >> reporter: olivia rogers is the chief operating officer with the visiting nurses association, the agency that runs the meals on wheels program. they have the largest kitchen in the country covering dallas county. their clients are considered the most vulnerable at-risk age group for covid-19. would you guys consider yourselves on the front lines of this knowing you are feeding some of the most vulnerable potential patients? >> yes, i really respect what first responders do. you know, they really have to set aside their own feelings and emotions and fears to go in and take care of a patient or a client and i feel like that's what our staff does. >> reporter: we rode along with jennifer atwood on her volunteer
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route. >> is there anything they feel nervous about? >> they have. >> meals on wheels. >> announcer: this ised pa >> reporter: this is the part of the process that's changing the most. when they drop off the meals they have to keep their distance. >> one of the hardest part was the hugging and the hand shakes and coming in the house. >> reporter: they want to sit and chat with you? >> they do. >> reporter: they stop at community food centers across the region for curb side pick up. >> would you have food in your house if it wasn't for these people? >> very little, but this helps a lot. >> reporter: is there a level of fear right now with the uncertainty? >> i think so. i think it's normally we're able to predict how much it's going to cost and how much food we're going to need to get through a certain period of time. right now we don't know. >> reporter: for now in this area meals on wheels is an essential organization so they can keep delivering despite other businesses having having to close down because of tighter restrictions. they are handing out boxed meals and vehicle virtually check on
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these elderly patients if they need to by an app. they are worried the loss of that human interaction could be detrimental to some of the most vulnerable patients. doug? >> understandable. mireya, thanks so much. ahead, america's distilleries, stepping up with a spirited plan to help meet a critical need. we do it every night. every night. i live alone, but i still do it every night. right after dinner. definitely after meatloaf. like clockwork. do it! run your dishwasher every night with cascade platinum. a load with as few as 8 dishes, is all it takes to save water. an energy star certified dishwasher uses less than four gallons per cycle. while handwashing uses that, every two minutes. so, do it. run your dishwasher every night with cascade platinum. the surprising way to save water.
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in this team of crisis we know some supplies are scarce. in georgia a company that sells spirits is now giving away liquid gold. here's mark strassmann. >> reporter: at atlanta's old fourth distillery, a shot of hope is nothing you drink. >> it's more liquidy than sort of the gel stuff. >> reporter: it's hand sanitizer made here and it's on the house. the entire country is asking for t. everyone is asking for it. >> i think we can probably make and giveaway a thousand gallons a day. >> we want to cut this a little more. >> reporter: the moore brothers, jeff and craig, usually make premium jenn gin, vodka and bourbon. now they're filling a national need in an emergency. >> so, i'm working on basically taking our supply chain apparatus and transitioning it from making booze to making hand
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sanitizer. >> i have to say it looks like boot leger. >> reporter: they started making it in the back. >> there's no magic, no mystery. two-thirds alcohol, one-third aloe, mix them together, you know. hard to screw up. hard to screw up. >> this is 195 proof. can you buy 195 proof alcohol? >> no, you cannot. you can buy 127. that's about the highest we got. >> that will knock you on your -- >> it will, yes, it will. >> reporter: their challenge is finding enough aloe or they'd make a lot more hand sanitizer. everyone wants it, especially firefighters and police officers who don't always have easy access to soap and water. >> if we can pay our staff, keep the lights on and do a service to the community, i mean, i think we owe it to ourselves and the community. >> reporter: it's a classic american response to a crisis, lending a clean hand. mark strassmann, cbs news, atlanta. >> coming up next, hello, cello.
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a front porch lesson of hope for these uncertain times.
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finally tonight, during these difficult days, it is so great to see inspiring acts of kindness and generosity to remind us all there is still so much good. here is vladimir duthiers. >> hello, hello. >> reporter: dressed in concert clothes, and aided by mom rebecca, siblings kelly and taran are here to perform for their self-quarantined neighbor. >> 2, 3, 4. ♪ ♪ >> reporter: 78-year-old helena schlagh. >> i haven't been out of the
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house for five days. >> reporter: helena was asked by rebecca if she needed groceries. >> she nosy love music andknows kids. >> reporter: they practice social distancing, of course. >> we love playing the cello for people. and we thought about how she was stuck in her house. we thought it was a great idea and it might make her happy. >> reporter: if you let helena tell it, happy would be an understatement. >> well, i was just thrilled. i sort of feel like a little kid. [ laughter ] ♪ ♪ [ applause ] >> bravo. >> reporter: do not ever under estimate the heart of a child. they can teach us a lot. >> that's the overnight news for this monday. some of you will see the news continue. for others, check back with us in just a little bit for the morning news and also "cbs this
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morning." reporting this morning from ktvt in our studios here in dallas-fort worth, texas, i'm doug dunbar. stay safe, and be well. ♪ ♪ >> announcer: this is the "cbs overnight news." >> welcome to the overnight news. i'm doug dunbar reporting from dallas-fort worth, texas. we're going to begin this morning in the nation's capital where a massive economic stimulus package is now being negotiated by the congress and the white house. it is reported to be worth trillions. to americans in crisis, wondering how they're going to take care of their families, pay the bills, this could be priceless, but when will that money start to flow? and what is holding things up right now? here's nikole killion at the white house. >> reporter: this package is not only aimed at helping americans directly, but also small
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businesses and hard-hit industries like the airlines. but all sides agree, time is of essence. the white house and congress worked frantically sunday on a massive trillion-dollar-plus stimulus package. >> make no mistake about it, we'll be voting tomorrow. i mean, the wheel has to stop at some point. >> reporter: the senate tried to press ahead despite some democrats' objections. >> we're not here to create a slush fund for donald trump and his family. >> reporter: speaker nancy pelosi indicated the house may take matters into its own hands. >> we'll be introducing our own bill and hopefully it will be compatible. >> reporter: treasury secretary steve mnuchin urged swift passage noting money needs to get injected to the into the economy now. >> the direct deposit or check for a family of four will be approximately $3,000. >> reporter: meantime, demand continues to grow for critical supplies like masks. >> the demand on these critical
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items is not only nationally, it's globally. so we've been shipping -- we shipped today, we're going to ship tomorrow. >> reporter: the president tweeted auto makers like ford, gm and tesla are being given the go-ahead to make ventilators and products. they warn it's not enough. >> if the president doesn't act, people could die who would have lived otherwise. >> reporter: we learned kentucky senator raise your hand paul has tested positive for the virus and is in quarantine. a member of the staff also tested positive, but the spokesperson said the vice president and his wife are negative. doug? >> nikole, thank you so much. tonight the state that is home to the city that never sleeps officially will go on pause. at least that's what new york governor andrew cuomo calls the effort to keep people inside and away from each other. nationwide one in four americans has been mandated to do something similar. jonathan vigliotti is in los angeles. >> reporter: california is supposed to be sheltering in
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place, but the state's beaches and hiking trails are crowded. new york's times square has become the nation's billboard for what social distancing should look lik in th city atnce. residents in chicago stayed apart, but came together through music. ♪ ♪ on key or not, thousands signed up for the window sing-along of living on a prayer, including the singer john bon jovi. >> these trying times i am with you with all my heart and soul. >> reporter: on instagram, the isolated around the world came together for a virtual dance party hosted by dejay d-nice. >> we got 100,000 people in here rocking with us right now. this is absolutely insane. >> reporter: online shopping is also ramping up to christmas-time extremes. amazon is looking to hire 100,000 people to keep up with demand and post offices are also looking for help. there's no busier brick and mortar meet-up than the local
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gun shop in states like kentucky and arkansas. weapons and ammo are flying off shelves. to an empty house, the grand ole opry continued their streak of almost 5,000 saturday night shows in nashville, delivering meh-need perspective. >> the grand ole opry is no stranger to hard times. been through world wars, catastrophes. somehow the show has always just gone right along. >> reporter: the coronavirus is no exception. jonathan vigliotti, cbs news, los angeles. >> and then there's this. with so many places of worship closed today, a lot of people are being forced to find a different way to connect with their faith and their community. here's our meg oliver. >> if you shout in church, you can shout at home. >> reporter: there was no singing at the metropolitan baptist church in newark, new jersey. like so many, reverend david jefferson delivered his sermon to a virtual congregation. usually at least 2,000 attend. how did it feel today preaching without your congregation physically present? >> very awkward.
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awkward to look at empty pews and deliver a message. >> reporter: with national warnings to stay home to stop the spread of coronavirus, houses of worship are getting creative. catholic churches are ringing their bells every three hours in chicago to pray for those affected by the pandemic. and at saint dominic's at new orleans, confession is offered outside. >> i have my purell and crucifix. >> reporter: in new york city tim weissmann just started at holy trinity lutheran church. >> i have arrived here in new york during a moment. >> reporter: in a city under lock down, he's introducing himself to his congregation through youtube. even offering his cell number to anyone in need. >> if you need anything during this trying time, let me know and i will move heaven and earth to help. >> reporter: although sunday services are postponed and mostly online here in new jersey, some churches are still
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open during the week for prayer and private reflection. doug? >> meg oliver, thank you. worldwide the coronavirus is taking a devastating toll. confirmed cases now top 300,000. over 13,000 have died. elizabeth palmer tonight in london tracking the crisis in europe. >> reporter: exhausted and overstretched, doctors and nurses are working round the clock in northern italy, but still, this outbreak is currently the worst in the world. italians may be under lock down. big cities like rome have never looked so empty. and yet there were more than 600 new deaths just overnight. it was a military convoy that transported coffins to the cemetery outside the town of bergamo. spain is bracing for its own outbreak, the second worst in europe to escalate. authorities in madrid have ordered a conference center to be transformed into an emergency hospital.
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in british pubs, last call was friday night. they are now closed and so are restaurants. the number of deaths in the u.k. remains relatively low, 281 overall, but it is steadily rising. and today the government announced that a million and a half especially vulnerable people will be asked to stay at home for three months. for those still out and about in the spring weather, prime minister boris johnson advised, don't get too close. >> don't think that fresh air in itself automatically provides some immunity. you have to stay two meters apart. >> reporter: but that kind of distancing is simply not possible in much of the developing world. and epidemiologists warn that more than a billion africans and indians will be facing the crisis next. elizabeth palmer, cbs news, london. >> the "cbs overnight news" will be right back.
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♪ ♪ >> announcer: this is the "cbs overnight news." >> welcome back, everyone, to the overnight news. i'm doug dunbar reporting from dallas. the lives of millions of americans, one quarter of the u.s. population has been ordered to stay home unless it is absolutely essential to go out. fear and uncertainty have become the new normal and people are looking for answers. here to sort out coronavirus fact from fiction is our dr. jon lapook. >> i know this is an unsettling time. nobody likes to feel out of control. i know i don't.
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but there are things we can do together to help slow this outbreak, and it all centers around the concept of flattening the curve. now, what do i mean by that? early on in an epidemic, you see a spike in cases. you see it here in yellow. when that happens, a health care system can get totally overwhelmed. not enough health professionals, not enough hospital beds, not enough medical equipment. but if you can somehow do something to flatten that curve, to just delay it, you see it here in purple. then maybe the system won't get that huge pressure on it and it won't crack. what do you do to do that? centers around things you've been hearing. things like proper hygiene. wash your hands for 20 seconds. if you have to cough or sneeze, cough into a tissue or the crook of your arm. then there is social distancing. that means staying away from each other. is there evidence that it works? absolutely. in places like china and south korea, we're seeing it work. but in order for it to work, we have to all do it together. we have to all do it everywhere, and we have to do it right now, not in a month. we may still be doing it in a
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month, but absolutely right now. now, we know that the most vulnerable population are people wh are elderly, people with serious underlying conditions. but now we've learned in the last week that people in their 20s, 30s and 40s can also get very ill and even if they don't get very sick, they can have mild symptoms or even no symptoms and infect others. this is no time to be selfish. you have to think about your parents, your grandparents, and we have to listen to our public health officials and absolutely follow their advice to the letter, no exceptions. now, at a time like this, i worry about when where distancing ourselves physically from each other, how do we stay together emotionally? if there ever was a time to pick up the phone and just contact somebody else, it's now. think about in your community. are there people out there in nursing homes and other places that you could call? and we have to think out of the box. when broadway theaters were closed, my friends, producer james wesley and his husband
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musician seth said the show must go on. so they've been live streaming performances by broadway stars and other entertainers right from their homes. last week was opening night with award winner kelley o'hara. ♪ ♪ and finally, i just want to remind people that even though this is a very bumpy road, it will have a beginning, a middle and an end. remember about 80% of cases are rlatively mild. there are lots of really smart people everywhere around the globe who are working on this trying to come up with vaccines and drugs. we are going to get through this. it's going to be a bumpy ride, but we're going to get through it together. >> the "cbs overnight news" will be right back.
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americans who are finding themselves without a paycheck because of the coronavirus outbreak. here with a look at the devastate being economic impact of the contagion is jill schlesinger. >> reporter: at kansas delicatessen on new york's lower eat side, they've been slicing the corned beef and pastrami for 132 years. >> listen, we've gone through everything, right. we've seen depressions and hurricanes and blackouts and terrorist attacks and we've been here through all that. we've never closed. >> reporter: but now the chairs are stacked on the tables. kansas, like most restaurants across the country, is prohibited from seating diners. so the bagels and blintzes are only available to go. >> i have to bring it to my 93-year-old mother-in-law. >> good luck. >> reporter: jake is the third generation owner of katz's. he's desperately trying to keep his 200 workers busy, and more importantly, to keep paying them. >> waiters for example are doing
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deliveries or working on crowd control, you know. i have busboys that i obviously don't need clean tables. i'm having them do prep work. basically everyone is an all hands on deck. and we take it one day at a time. >> reporter: all fred owe fernandez has put his knife to work at katz's for 14 years. >> i have to say a lot of people are going to go without jobs. if it happens, we just have to stick together and try to help each other out. >> reporter: at least katz's is still open as the global economy enters an unprecedented shutdown. just look around. major league sports have left the field. factories and shopping malls are shuttered. the lights have gone dark on broadway, and the curtain has come down for manhattan's independent theaters, like the magnet theater. >> i'm sitting here in an empty theater and it's empty every night. we're shutdown. new york city is shutdown. >> reporter: actor ed cofounded
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t the magnet which is dedicated to improve. >> did you hear about the murder at the ymca? >> we were booming. 35 to 40 shows a week back to back each night. >> reporter: the magnet has 50 employees, but the damage goes beyond those 50. there's a web of companies and workers that supply everything from utilities to t-shirts to beer. they'll all feel the impact of the theater's closing. >> i'm worried about the future of this place. i'm worried about the future of this city. >> reporter: if you look back on your life, you've lived through a lot of different shaky economic periods. can you tell me how this period feels to you today versus what you've seen in the past? >> to me i think this is the most nerve-racking. >> reporter: joseph won the nobel prize for economics in 2001 and is a professor at columbia university. >> this is totally different,
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where we're shutting down the economy to protect our health. >> reporter: stiglets believes the pre-virus economy was one where too many were left exposed, both families and businesses alike were at risk if conditions soured. >> before the event, many of our households were living at the edge. the average amount in the bank, you know, 50%, 70% of americans have 500, $1,000. on the other side, businesses have been really foolish taking on debt as if no storms ever are going to hit. we always know that there's going to be some storms. they've been really, really foolish. we pushed the idea of efficiency in a narrow-minded sense too far. we've run a whole economy that way. no extra hospital beds. fine. as long as you don't have a crisis like the current one.
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we developed a system without resilience in which we left large numbers of americans extraordinarily vulnerable. >> reporter: as the health pandemic becomes an economic pandemic, the world is waiting for governments to respond. here in the u.s., the federal reserve has cut interest rates to near zero to help consumers and businesses access cheaper loans. and it's also taking actions to keep the nation's financial plumbing unclogged. at the same time, the trump administration and congress are nearing an agreement to make half a trillion dollars available to help large corporations and small businesses. examine there's another half a trillion dollars for households amounting to $1,000 to $3,000 depending on the size of the family and income level. stigletz says it's a start. the idea of sending checks to people, not a one-time event.
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you are advocating something different. can you explain? >> well, if we knew this was going to be a three-week event, a one-time check would be fine. it gets us over the hump and we're on. but epidemiologists aren't sure how long it's going to take. the best estimate is months. and that means a lot of people really are anxious. and, and knowing that if this crisis lasts for three months, there will be another check. $1,000 for three months? come on. so we really need to give them the assurance that as long as this lasts, there will be a check coming. >> reporter: should we be concerned at all about spending this money now? >> the answer is no. i mean, when we went to world war ii, we didn't ask, could we afford it? we had to do it. we need to do it. can we afford it? yes, we have enormous resources. >> reporter: so are your clients freaking out right now, michael?
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>> some of our clients are definitely on edge. >> reporter: michael goodman is the president of well stream advisors, a financial planning and investment management firm. >> this is a pretty scary time, of course. you would never want to discount that. there are clients, however, i'm surprised to see that are anxious to put some money into the market. >> reporter: it's been a frightening ride for investors. stocks have plunged more than 30% over the past five weeks, ending the longest bull market on record. but despite the market turmoil, goodman says that even for a person nearing retirement, now is not the time to panic and get out. if i'm 60 years old and i plan on retiring when i'm 70, should i make any changes in the account right now? >> if you're 60 and you're not going to be retiring for another ten years, and these times there is this temptation to make adjustments. as scary as this is, as much as we don't know the bottom to this market, average recovery is typically somewhere around 24 months. >> reporter: whether you're an
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investor or not, goodman says now is an important moment to take stock of your financial situation. >> i think the thing that people should be focusing on right now is making sure that they understand what their personal obligations are over the next several months so that they feel that they can get through that. this will pass. there will be damage because of it. and we will rebuild and grow back. we've done this before. >> i don't fully fit under the bed. >> i do. >> reporter: back at the magnet theater, they're trying to get through it all by experimenting, like some of their big-league colleagues, with putting performances online. the theater dedicated to improv is, well, improvising as we all are. >> what we do is we train people to deal with the fact that everything is uncertain. it's improvising. we're constantly saying, calm down, take a breath, don't try to plan, try to react. and now we're doing that for
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real in real life.
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steve hartman, as you probably know, is usually on the road bringing you stories from all across this great country. but like tens of millions of americans, steve has been working from home recently and helping take care of his own children. and starting later today he's offering to help take care of yours, too. >> reporter: it was as heart breaking as it was adorable. my daughter merrill and her school friends resorting to a teleconference, tea party. >> how many sugars? >> i'll take four. >> reporter: but such is the new virtual reality for most kids in america. >> let's go play on the playground. >> i want to go on the slide. >> i'd rather go to school than stay at home. >> reporter: would you? >> yeah, because like what could
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i do. >> reporter: and for most grown ups, the feeling is mutual. working from home and home schooling have no place in the home. at least not together they don't. >> kitty corn. >> reporter: in home confinement, pretty soon you have short temperatures. >> you're taking a video when i don't like it. >> reporter: and taking it beyond concerns of coronavirus. >> they are not even wet. >> reporter: like your son licking his brother's socks. >> i feel some moisture there. how are your parents doing with all this? >> i'd ask the person who is making this report. >> reporter: i did, and he's fine. but he's not sure how he'll make it to summer. >> i feel like i'm trying to be a little easier on you guys just because it's a tough time right now and i want to help you get through it. >> reporter: and i want to help you get through it, too. which is why i'm offering to take your kids for a half hour a day starting monday at 2:00
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1:00ic, i' teaching a live online class called kindness 101. i'm going to show some of my favorite on the road stories and talk about the lessons within. >> don't forget to show love. >> reporter: so put it on your calendar. monday 2:00 eastern on the cbs evening news facebook page. i promise, it will be better than almost anything else your kids could be doing. did you or did you not lick his sock? >> i did not lick his sock. >> reporter: until monday, i'm steve hartman, at home in cats skill, new york. >> that's the overnight news for this monday. some of you will see the news continue. for others, check back with us in just a little bit for the morning news and also "cbs this morning." reporting this morning from ktv dallas-fort wort-fort worth, te doug dunbar. stay safe, and be well.
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it is monday, march 23rd, 2020. good morning from the cbs news studio in washington, i'm jeff pegues in for anne-marie green. cases of the coronavirus continue to climb in the u.s. there are now over 33,000 reported cases across the nation. the u.s. death toll has topped 400. meanwhile, the senate is slated to take up another vote on an emergency aid package to rescue the struggling economy. overnight lawmakers in washington couldn't reach a deal. nancy chen with hear on the clash on capitol hill.
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the motion is not agreed to. >> reporter: on capitol hill, lawmakers failed to reach bipartisan agreement on a

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