with us. good night. as st number of coronavirus ki cases in the united states blooms, people are bracing for the worst. president trump passes a new aid package. and on wall street, the dow jones erased nearly all its gains as president trump took office as anxiety continues to grip investors. good morning, everybody. it is thursday, march 19th. when it comes to the coronavirus, the president says he's now on a war footing,

reaching an agreement with canada to close the northern border to nonessential travel. and invoking the, quote, defense production act which allows the president to force american businesses to produce materials in national defense. in this case, ventilators, face masks and other medical supplies. the pentagon is deploying two navy hospital ships, one on each coast. the mercy on the west coast and the comfort on the east coast which new york governor andrew cuomo says it dock in new york harbor. this will free up space in other hospitals where they can be treated. >> and president trump signed into law a second coronavirus vaccine bill overnight allowing lawmakers to turn their attention to a third bill that could direct americans to new protection. it was passed in the senate with a 90-8 vote. it provides free coronavirus testing and ensures paid

emergency leave for those who are expected or caring for a family member with the illness. the bill provides additional medicaid funding, food assistance and unemployment benefits. this is the second emergency bill congress has passed in recent weeks. last week, the senate approved an $8.3 billion house passed measure that focused on research and development. trump announced his administration is suspending all foreclosures and evictions until the end of april to help those affected by the virus. >> so republican senators met with treasury secretary steve mnuchin to discuss $5 let you know billion in direct funds to

americans. some senate republicans said the bill passed yesterday puts too much stress on install businesses which would be required to provide paid leave to qualifying employees. some republican lawmakers have also suggested that they would prefer to see an emphasis on the proposal making sure employers could meet payroll rather than relying on the government to friend direct payment to americans. mcconnell said yesterday that senators would not leave washington until there is a better solution for small businesses. >> so while i will support the house bill for emergency relief for some american workers, i will not adjourn the senate until we have passed a broad

fuller package. so we're going to pass the house's bill, but it's imperfections will make our more comprehensive package even more urgent. so we aren't leaving until we deliver it. the senate is not going to leave small business behind. >> and president trump has often touted the economy as a direct success of his administration. however, those gains made during his presidency have all but disappeared. yesterday, the dow reached the level it was before trump took office. it later rallied 166 points to close above the pretrump presidency level. the s&p and the nasdaq were down for the day following 5%, 6% respectively. the dow would need to fall 8% to

reach the levels before trump was voted into office in 2016. >> peggy, good morning to you. thanks for joining us on this. asking the economic impact of the coronavirus is a major question as we have seen so many ups and downs with regard to the stock market, with regard to people losing jobs, unemployment sites crashing, small businesses not being able to meet payroll. i could keep going, but i don't want to paint such a grim picture at this point. but talk to us about this impact and if, in fact, there is an ability at all for this economy to come roaring back as the president said. >> well, i think one of the things we've seen over the last few days is the sign of people losing their jobs. we've seen across states from ohio to connecticut signs that

thousands of people have claimed unemployment benefits in a surge of 10% above average. today is our first sign of the national numbers. in terms of how much of a bounceback we could have, we could have one, but it could be a long way off. >> peggy, i'm curious to get your thoughts about the federal government's response in all of this. will the response from the federal government be enough to slow down the negative back on the economy? but in terms of what is happening with jobs, with payments, with credit card, with debt, is there something the federal government can do to

step in and alleviate that pressure? one of the things that could help a lot is getting people cash directly. 500 billion of that would be in direct payments to people. that is one of the things that people are looking for because, you know, a lot of americans are coming up quickly on the end of the month and that is when a lot of times they have credit card bills to pay, mortgages and rents to pay. so that is one of the things they're looking for. >> peggy collins, thank you so much. we're going to talk to you again in just bailths. so governments around the world are scrambling to get a hold on outbreaks. the number of confirmed cases and death related to covid-19 in europe have now surpassed the

number in china according to an analysis by bloomberg news. yesterday, 475 people died in italy from the virus. the european central bank announced that it will buy up $820 billion worth of bonds to calm markets and protect the eurozone. in the uk, schools are closed indefinitely. prime minister boris johnson warned the country he could take further and faster measures. strael announced that it was banning entry to all foreign nationals into the conference. and for the first time, china reported no new cases. >> it's important to emphasis that we're unable to verify that because of the fact that there are no foreign reporters inside of china as they have been expelled at this point.

joining us from rome, matt bradley. for us, give us a sense of what the sentiment is in europe. obviously, the european central bank trying to shore up the markets a little bit. is there any sign that the outbreak is slowing down in other countries beyond italy? >> the short answer is no. the prime minister just came out and told the italian media, they're probably going to be extending this unprecedented lockdown beyond april 3rd. as for sentiment outside of italy, it's really hard to gain a sense of it here in italy because there is quite literally no one on the streets. the streets are void of people.

last night, italy saw its largest spike in deaths since this unprecedented lockdown was put in place throughout the entire country so that raises a lot of questions here. the first among them, are italians comply, these rules? the prime minister seemed last night to want to discipline his countrymen. he said it was unacceptable that people are still jogging and meeting in parks. this is such a difficult situation to have the prime minister come down and just cajole and get angry at the public like a parent for going outside. and that is the kind of situation we're in right now as policymakers try to decide whether or not they want to implement these lockdowns in the united states. the question for a lot of people here is even if they did comply fully with all of these extremely restrictive rules,

would it actually arrest the spread of this disease? it seems as though this disease, despite the fact that most people aren't on the streets, is still spreading. people are still dieing. >> incredibly troubling information coming out of italy there, but, of course, this is an ever changing situation, so important to keep that in mind as we move forward with this story. matt bradley, thank you so much, reporting live for us from rome. still ahead, new coronavirus skams. what you need to look out for. plus, while older adults are being sickened by the coronavirus, young adults are also at risk. that could be a game changer, as well. we're going to take a look at those new findings. those stories and a check on weather when we come right back. n weather when we come right back.

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welcome back, everyone. the federal trade commission is warning the american puck to but on its gaurld for scammers seas. during a news conference, president trump said his administration was in discussions with congress over issuing $500 billion in near term relief to americans as part of a $1 trillion financial relief package. the size and timing of the direct payments have yet to be determined. the ftc identified three signs of possible fraud for americans to look out for. the federal government will not ask you to pay up front fees or charges. it will not call you to ask for your social security number, bank account or credit card info. and because these checks are not yet a reality, anyone who says they can access the money now is likely a scammer. >> let's get into this. danny, good morning to you. thanks for joining us on this.

what do you make of this warning by the federal trade commission? is there anything that we can do to prevent fraurd frd from happ? >> unfortunately in times of crisis, there will always be scams. whether it's tsunamis or any kind of public health crisis, you can expect scammers to try and capitalize on it. if an email or telephone call has aen area code from outside the country, those are often giveaways. so, unfortunately, we're all very busy. we're very concerned about other things so that when we get an email or some communication, we may be a little more susceptible

because our guard is so up everywhere else. so we need to be very mindful of these kinds of things. fortunately, scammers usually give themselves away one way or another in their communications. >> yes. and to that point, danny, what repercussions are there for scammers who get caught trying to steal government issued relief payments? obviously, we have some precedence for this with people trying to scam their way through those payments. >> mail fraud statues, wire fraud statutes, all of these can be used liberally. they are broadly applied to any activity that involves interstate commerce. the government has the tools. the challenge for them is the resources. and often if these scammers are located outside the country, that makes the jurisdictional

challenge even more complicated for the government who already has some pretty strained resources during this time. still ahead, we're take a look at how hospitals across the country are dealing with the coronavirus pandemic even with a shortage of supplies. we're back in a moment. shortage of supplies we're back in a moment [♪] even though you keep your car clean, does it sometimes smell stuffy or stale? try febreze car vent clips to eliminate those odors for up to 30 days. stuffy, stale car odors occur because of everyday smells that are absorbed and released from soft surfaces. then they're circulated by the ac system. febreze car vent clips eliminate the stale, stuffy smells in your car and leave behind a fresh scent for up to 30 days. plus, they come in a range of scents including extra light. try febreze car brand power, helping you buy better.

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welcome back. hospitals across the states, mask shortages have left doctors and nerurses in dire straights. major hospitals in seattle and washington, d.c., they're being urged against normal cdc regulations to reuse supplies even after coming in contact with a sick patient. now, some hospitals in south carolina project being down to

just four days worth of protective gear. >> the cdc has changed their guidelines to require the use of scarfs or bandannas only if necessary. this is lead to go backlogs of resolved turnaround times. let's bring in bill carin force a quick check on not just your weather, but the numbers. obviously, yet yesterday was one of the deadliest days in italy. bill, give us the update on the numbers today in the u.s. >> eventually at one point i'll sit here and say hey, it looks like we've flattened the curve. we're finally getting the numbers back from all the increase in testing that we've done and yesterday was eye opening. almost 3,000 positive cases

yesterday alone. so that is this bar right here. that is almost double any other day that we've had which the record was the day before that. so you can just see the exponential growth here. and if you want to break it up by region, the red region is the northeast. the numbers in new york city have skyrocketed almost now to 3,000. if you take new york state alone, that would be the ninth highest of any country. just to put it into perspective for you. and as far as we go, we've been taking a look at the calendar, how it's been progressing here. we started on monday with 4,000 and yesterday we were up over

9,000. so we doubled it in two days. i played out the math. if we continue this rate by the time we get to the 31st, we'll be somewhere over 150,000 cases. that is why we're hoping all themakers we're taking now will flatten the curve. so let's transition to give you quickly an update on the weather. we had some severe weather overnight, even tornados. rough weather in oklahoma city, flash flood warning, same for you in the suls sa area. 42 million people are at risk for civic storms and tornados. you could s you could have some strong tornados. just like that earthquake we had in utah yesterday, the world

keeps going. >> thank you, bill. still ahead, a look at how the coronavirus is impacting the u.s. jobs market and what industries are being hit the hardest. plus the latest on the 2020 presidential race, coming up. t presidential race, coming up (aurelia) i did have hearing aids from another company.

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welcome back. everyone. we begin with half hour with the

startling new numbers and a stark warning for millennials. reports of new cases seem to be coming in by the minute. there are now more than 8900 confirmed cases here in the u.s. and more than 150 deaths. the number of cases in the state of new york jumped 44% over the last 24 hours. now close to 2400. that is more than double washington state which has the second highest number of confirmed cases. meanwhile, all adults region not just the elderly, are being hospitalized with the virus. a new report shows adults between the ages of 20 to 54 years old made up 38% of hospitalizations ear in the u.s. the coordinator of the u.s. response says millennials are now especially affected. >> there are concerning reports coming out of france and italy about some young people getting seriously ill. and very seriously ill in the

icus. we think part of this may be that people heeded the early data coming out of china or south korea that the elderly or those with pre-existing medical conditions were of particular risk. it may have been that the millennial generation, our largest generation, on our future generation that will carry us through for the next multiple decades, there may be a disproportional number among that group. >> some troubling development there to say the least. president trump yesterday labeled himself as a, quote, war-time approximated. >> do you consider america to be on a wartime pace for this virus? >> it do. i actually do. that was a very good move and it

was very early, very, very early. which most people didn't want us to do it. that saved a lot of lives. that is what we're fighting. it is a tough situation. you have to do things. you have to close parts of an me that six weeks ago were the best they've ever been. we had the best economy we've ever had and then one day you have to close it down in order to defeat this enemy. and -- but we're doing it and we're doing it well. and i'll tell you, the american people have been incredible. for the most part, they've been really incredible. >> and as the coronavirus pandemic continues to drastically alter american's lives, various industries are starting to feel the brunt of the virus. one in five households have already lost work. the food service industry could

lose 5 to 7 million jobs. the generality motors, force, chrysler, have all closed. and yesterday, the national association of theater owners asked congress for financial relief. and ihs market predicted that the unemployment raise will rise to 6% by the middle of 2021. that is up 3.5% just from this past february. >> so as part of its $1 trillion stimulus package, the treasury department is asking for direct payouts to taxpayers. the treasury department is also asking for $50 billion dedicated to the airline industry and $150

fwl for other hard hit industries. the president said yesterday, quote, we want to go big. the president is reportedly not at all concerns about the rising national debt. >> joining us now once again, the u.s. economy managing editor for bloomberg, peggy coggins. good to have you back with us. let's hone in on this a little bit. the americans could see stimulus checks in the coming weeks. will this actually help slow the economic blow back from the coronavirus outbreak? i am not good at the math and i don't know the numbers, but $2,000, $4,000 per family, is that enough to kind of get things back on track? >> well, it could help a number of families is a on life support

in the sense that it could help them pay certain bills. forbearance, mortgage, rents, but that could help some families get by. but, again, we're seeing the reports that the checks would not come until early april and again in may. so a lot of people have bills coming up by the end of march, the end of the month. >> as you are seeing these stimulus packages come, is there any re-leigh in sight if, in fact, we have these three phases of the stimulus package? >> well, as you said, the drops

in the market have been breath taking and they continue to happen day after day, even though they find the government is coming together. one of the things the market is looking for is the sign of potentially some bailouts of specific industries, retail, hospitality, hotels, airlines, and now we're seeing the manufacturing industry start to get hit, as well. so that is really what the markets are starting to pivot towards is fear of bankruptcies happening and who will be able to help states and companies. >> i'm interested in knowing as we go forward here economically speaking, to the fundamentals of our economy change? is this is 9/11 moment where the airline industry changed, are we going to change the security of workers in this country going

forward? do you see any sign that something has to be addressed given how fragile it appears our economy is in this situation? >> well, one of the positive things about it happening at this time, record unemployment at 3%. so many on the gains over the past couple of years has been in the service city. and those are the people getting hurt right now. we will be reporting out the numbers at 8:30 on jobless claims this week and that could be one of the biggest signs of how many people are losing their jobs already. >> yeah. the state by state numbers that we're starting to see from states like new jersey, ohio, colorado, elsewhere, so far, they are staggering compared to

where they were a couple of weeks ago. thank you, as always, appreciate it. >> and anecdotally, i've been hearing from individuals who have been filing for unemployment at this time, and the site is crashing over and over again because so many folks are trying to get unemployment benefits. thank you, beg i go. still ahead, the number of coronavirus cases is expected to increase as testing ramps up over the next number of days, but is it cause for alarm? but i?

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sure, principal is a fibut think of us as a "protect your family as it grows" company. a "put enough away for college" company. and a "take care of your employees" company. we're a "help you ride the ups and downs of the market" company. and when it's time to retire, we're a "we've been guiding you toward this all along" company. think of us as all these companies, and more. principal. retirement. investments. insurance. a welcome back. a top official on the coronavirus task force says the number of coronavirus cases in the united states is expected to dramatically increase over the next couple of days. in a white house briefing yesterday, desch ra birx urged americans not to panic.

>> there were individuals who had been tested who hadn't had their specimen run. it is now on a high speed platform. so we will see the number of people diagnosed dramatically increase over the next several days. some of you will use that as an alarm that we are worse than italy. to every american out there, it will be five to dix days worth of tests being run in 24 to 48 hours. so our curves will not be stable until some time next week. joining us now, now a length care policy lecturer at harvard medical school and president emeritus, dr. donald berwick. thank you for joining us this morning. >> thank you for having me. >> i want to talk to you about

the health care workers. many of them have started testing positive for covid-19. how is this impact affecting the actual containment or the ability to combat the disease as it spreads? >> well, our health care workforce deserves great thanks. they're being courageous and sticking with their duties. i admire them imminently. but, yes, there are problems of exposure. they're vulnerable just like any human beings are and we have a shortage of the masks, the downs and other protective equipment that would protect them. in order to take care of the very sick people that fall victim to this disease, we need people very skilled in doing the supportive care that allows people to survive and get through this disease. >> talk to us about this new study from the cdc showing millennials are at a higher risk

than actually thought. there was a report from the "new york times" yesterday talking about a study out of china with regards to younger children who are adversely affected by the coronavirus. could you feasibly -- could you walk us through this? >> yeah. we're learning every day more and more about the behavior of this virus. there's a lot of great research going on right now. we knew from wuhan, china, about the attack rate, the serious rate in that case was not zero. it was about 12% of the people that had disease had serious disease. among elders, it's more than that. it climbs well above 30%. but, yes, we now understand that people in a wide range of ages are vulnerable. the vulnerability for people are more than any other group and

that is crucial to mitigating the effects of this spread. >> doctor, i'm curious to get your thoughts from your vantage point, from your experience. are you at all surprised at our lack of preparedness in this when you start looking at the medical shortages, the talking about the ventilator supplies, the hospital beds, here in new york, the shortage of the icu beds. are you surprised at how under prepared we are for a pandemic like this? >> we're very under prepared and it's an embarrassment. it should have been done much differently. i was involved in a national academy study about a year ago which found we were way behind before we knew the coronavirus was a threat. so this is a lack in leadership. with equipment, with diagnostic testing, supply chain management at regional levels. hopefully we'll learn and this will not happen again, but we

fell behind by weeks if not months because of lack of preparedness. >> south korea and the united states both had their first confirmed cases on january 27th. look at where south korea is today in flattening the curve. look at where we are. we can't even get testing off the ground. dr. donald berwick, thank you very much. let's turn now to bill karins who is looking at some of these coronavirus cases as they are trying to flatten that curve and hopefully that will happen sooner rather than later. >> and everyone was expecting this huge spike over the next week, and then they will see a flattening. if we flatten the curve over this dotted line, then we didn't do the job right. so where are we at now as far as the curve? here is where we're sitting. it's skyrocketing up.

by the end of the day today, we should be around 13,000 to 15,000 cases. so the implied average is a growth of about 34%. so we're still doubling every three days. and here is where that takes us. ten days from now, 80,000. that's the machine of cases in china right now. they it will be interesting around here to see what the outcry is if all of a sudden we get up to this race where we have more cases than china does and we had a four to five-week head start to try to prepare. >> thank you, bill. thank you for watching that for us. still ahead, the politics of

the coronavirus. a new ad slams the president over his response to the pandemic. plus, the next steps for senator bernie sanders in the hunt for the democratic nomination. we are back in a moment. nomination we are back in a moment. want to brain better? unlike ordinary memory supplements-neuriva has clinically proven ingredients that fuel 5 indicators of brain performance. memory, focus, accuracy, learning, and concentration. try neuriva for 30 days and see the difference. (bobby) you're concerned that it's going to cost you money.ouble, (ben) to this day, i only paid what i had to pay for the device. when i go back, everything is covered. there's so much you're missing by not having hearing aids. (vo) we'll find you a hearing aid that fits your lifestyle and your budget at one of our 1,500 locations. call 1-800-miracle to start your 30-day risk-free trial and

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welcome back. a new ad from the anti-trump conservative group, the lincoln project, slams president trump over his response to the coronavirus. >> there's a virus in the world. for some people, the virus is easy to see. others don't see it at all. some say the virus isn't that bad. others say it's malicious and dangerous. since there are those who still can't see it, wouldn't it be smart to tell the truth about the virus? since there is a virus. >> the lincoln project is responsible for the content of this advertising. >> so the ad is a nod to president ronald reagan's famous 1984 campaign ad, bear, which

hit democrats who didn't believe the soviet union was a threat at the time. after joe biden swept tuesday's primaries, bernie sanders plans to assess the future of his 2020 presidential campaign. in a statement released yesterday, sanders' campaign manager wrote the vermont senator is, quote, going to be having conversations with supporters to assess his campaign. in the immediate term, he is focused on the government's response to the coronavirus outbreak and making sure we take care of working people and the most vulnerable. he's reduced spending on paid media. tuesday was the last day the campaign had ads on traditional broadcast media and doesn't have active facebook ads according to the company's ad tracker. according to the "washington post," the biden campaign confirmed they have been in contact with sanders' campaign since last week. exchanging ideas on how to best respond to the impact of the coronavirus outbreak on the race itself. biden's deputy campaign manager told nbc news in a statement,

quote, while the two campaigns obviously have their differences, they are working together to try to promote the health and safety of the american people. the working relationship between the two camps could be the first step to address common concerns and sanders and his potential exit. up next, axios' one big thing. on "morning joe," with congress mulling a third emergency bill to provide aid for americans in the fight against the coronavirus, we're going to be joined by the senate's top democrat, minority leader chuck schumer. as new york state is emerging as the epicenter of the coronavirus outbreak in the u.s., governor andrew cuomo will be our guest. now through march 31st. get 0.9% apr for 60 months on all 2020 models. experience amazing at your lexus dealer. unlike ordinary memory wsupplements-neuriva? has clinically proven ingredients that fuel 5 indicators of brain performance. memory, focus, accuracy, learning, and concentration.

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joining us from washington, d.c. with a look at axios a.m., editor in chief for axios, nicholas johnson. what is axios' one big thing for this morning? >> morning. yeah, today has been one big thing, the next phase of the coronavirus outbreak. we're looking at sort of the u.s. preparing and scrambling to get ready for the next phase of this crisis. when we move from sort of

preparation, dealing with the real impact. it feels like, you may think, the preparation for a storm. there's the week you know the storm is coming and everything seems strangely calm. now the storm is arriving and things are about to get very different, very quickly. our reporting is seeing this happening in two distinct spaces. the first is an economic impact. we're seeing a lot of rolling out job losses, store closes, companies beginning to shut down production. that's trickling out into the data, where we're getting reports of unemployment offices around the country. they're seeing spikes in initial claims. we should get another bit of that data later ode on what the real economic impacts are starting to be. we're starting to hear more from health care providers and hospitals about how they're beginning to prepare and perhaps won't will able to handle the flow of patients, not enough ventilators. we'll see the test of the health care system the next ten days or so. earlier in the program, you said, we'll see a huge spike in spaces and we'll see the impact of it within the next week.

>> let's talk about the economy, as you mentioned, the outlook for it. what is axios reporting as to the outlook of this economy, especially with regards to the future and when we come out of this whole thing? >> yeah, absolutely. we're getting a lot of new data from economic -- economists. they're painting a very, very dark picture. all of the new economic forecasts are putting 100% recession. united states is already in one, and it'll last the first half of this year. we may have negative growth for the entire year, something not seen in decades in the united states. some of the new forecasts are very daunting. second quarter growth projected, next three months coming, could be as low as negative 14%. could be 20%. you have to go back to the depression to see these kinds of numbers and the kind of words folks were talking through. it is not just recession or great recession. could be something not seen since the depression. i mean, one top trader said the u.s. economy shuts down for 30 days, then see what it looks

like on the other end. >> our way of life changed in this country. what can you tell us about how americans and their willingness to participate in daily activities has changed as this crisis continues to worsen? >> yeah. really interesting survey data we got this morning from our friends at the heaarris poll. one poll was done over the weekend and another in the last two days, trying to pick uptrend lines in how people are changing behaviors. the takeaway is our sense of invincibility is dissipating. folks are less likely to go grocery shopping, the bars, restaurants, coffee shops, go to the gym, than they were two, three days ago. you see the spikes on the screen. hopefully you'll see the data. we're seeing it trickle to all kinds of activities. more americans are saying they're worried about the virus, the economic impact of the virus. they're worried about themselves or their family members getting sick, and they're worried whether the united states is prepared for the onslaught

coming. >> in asking some of these questions, nick, i guess my follow-up here is, what is keeping people afloat psychologically in this time? >> i think a lot of it is hearing a lot. we're hearing who people are talking to and who they're talking. we have high remarks for public health officials, the cdc, the nhi. dr. fauci has become a celebrity in how he's talked about the outbreak. governors and mayors are helping people prepare and further explain events. the ratings for the federal government, confidence, it wasn't that great. the tone of the federal government changed. we saw it in the data the last four, five days. the numbers are ticking up, as well. >> safe to say our country has changed. >> dramatically. >> nicholas johnson, thank you very much. we'll be reading axios a.m. in a bit. you can sign up at sign signup.axios.com. i'm yasmin vossoughian next

to ayman mohyeldin. "morning joe" starts now. do you consider america to be on wartime footing fighting the virus? s >> i do. if it got out of control -- early on, we did a stoppage of people coming in. could be very, very affected. a lot of people, including profess aa profess aa aal -- professionals didn't want us to do it. i see it as a wartime president. it is a tough situation. you have to do things, you have to close parts of an economy that, six weeks ago, were the best they've ever been. we had the best economy we've ever had. one day, you have to close it down in order to defeat this enemy. but we're doing it, and we're doing it well. i'll tell you, the american people have been incredible. for the most part, they've been really