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Speaker 1: Live from our Nations. How do we reopen this economy?

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Speaker 1: The latest on how this pandemic is impacting farmers. What

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Speaker 1: does this do for the United States relationship with China?

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Speaker 1: Bloomberg Sound On, The Insiders, the influencers, the insides. We're

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Speaker 1: responding to this crisis and manufacturers are stepping up like

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Speaker 1: never before. We're looking at seventy Kennedys for different vaccines.

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Speaker 1: How do we make sure a pandemic of this scale

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Speaker 1: never happens again? This is Bloomberg Sound On with Kevin

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Speaker 1: Surrelate on Bloomberg and one oh five point seven F

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Speaker 1: M h D two. Lots to get through today? Will

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Speaker 1: schools reopen? We're gonna check in. We're gonna check in

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Speaker 1: with someone who is on the front lines of this debate,

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Speaker 1: John Jackson. He's president and CEO of the Shot Foundation

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Speaker 1: for for Public Education. Excuse me, And of course, the

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Speaker 1: latest from Pennsylvania Avenue as President Trump looks to reset

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Speaker 1: following that interview with Fox News and an opening bid

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Speaker 1: for the next round of economic negotiations on Capitol Hill,

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Speaker 1: President Trump said it to Capitol Hill tomorrow. Lots to

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Speaker 1: get through. Josh is gonna stick around Maddie Doubler's back

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Speaker 1: to talk the economy. Mark Bega, remember him, Mark Begette,

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Speaker 1: Alaska Senator, strategic consulting advisor now at Brownstein, High and

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Speaker 1: Farmer and Shrek. He's gonna call in for us as well.

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Speaker 1: So double shot COVID vaccine tests raise new pandemic challenge.

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Speaker 1: This is US cases rise one point three percent. Uh.

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Speaker 1: Here's the latest on the Bloomberg terminal from my colleagues

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Speaker 1: James Patton, Robert Langrith, and Stephanie Baker. They are reporting

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Speaker 1: that when it comes to protecting the world from the coronavirus,

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Speaker 1: two doses of a vaccine maybe better than one, but

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Speaker 1: doubling the number of jabs each person needs could complicate

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Speaker 1: efforts to immunize billions of people. And we were talking

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Speaker 1: about this folks last year, last week, and in the

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Speaker 1: last couple of weeks just about how when we had

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Speaker 1: Dr Deborah Brookes on just about how these vaccines are

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Speaker 1: not you get a shot and then you know you're

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Speaker 1: good to go for years. It's you might have to

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Speaker 1: get a couple. And the latest results from front Runners

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Speaker 1: and the sprint to come up with a vaccine, including

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Speaker 1: the University of Oxford Astrosenica PLC partnership at Maderna ain't

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Speaker 1: highlight that prospect joining us on the line as someone

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Speaker 1: who knows all about the prospects and the coming political

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Speaker 1: and policy challenges that lawmakers in Washington, d C. Face.

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Speaker 1: That's none other than our very own Josh Winger, if

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Speaker 1: he has Bloomberg News White House reporter, Josh, what is

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Speaker 1: the administration saying now that there's really feels like a

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Speaker 1: drip drip drip of of news and developments on the

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Speaker 1: vaccination front. Yeah, I mean the Dr Hahn the FDA

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Speaker 1: was on TV today saying, look, you know, they're optimistic

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Speaker 1: for a vaccine for emergency use by the ended of

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Speaker 1: the year as as well that he said it might

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Speaker 1: be one of two things. In other words, it might

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Speaker 1: not be just a vaccine that you're cured. It might

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Speaker 1: be a vaccine that lessons the symptoms that makes it

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Speaker 1: more like a common cold. So he's hoping for essentially

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Speaker 1: one or the other, in other words, opening the door

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Speaker 1: to the possibility that whatever vaccine we do come up

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Speaker 1: with won't be sort of case closed on the virus.

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Speaker 1: You know, they've been like just waiting for this. Of course,

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Speaker 1: because it's something of a silver bullet factor, right. The

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Speaker 1: President has looked for quick fixes throughout the pandemic. Early on.

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Speaker 1: Of course, he was talking conducted chloroquine he briefly earlier

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Speaker 1: this month and went back to telling that it must

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Speaker 1: have gone off his radar again. You know, he's talked

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Speaker 1: about therapeutics like grim Death of year. He's stockpiled even

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Speaker 1: a lot of these drugs, in some cases with hydrocty chloroquine,

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Speaker 1: sent some to Brazil before the FDA issued a poison

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Speaker 1: warning or cautioning around the use of that for COVID

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Speaker 1: outside of a hospital. So you know, it's been kind

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Speaker 1: of this moving target. They certainly are expressing optimism on

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Speaker 1: the vaccam markets. Of course they're watching that very closely,

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Speaker 1: but you know, the jury is out. I mean, we

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Speaker 1: just we've been watching on every sort of bit and

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Speaker 1: bit on it that we just don't know when it

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Speaker 1: will come, and we don't know how many people will

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Speaker 1: take it when it gets Dr Hahn alluded to that same, Yes,

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Speaker 1: you know, it is a problem sort of anti vax

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Speaker 1: or community. We just simply don't know how many people

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Speaker 1: will take this thing even if we do get it well,

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Speaker 1: I think that the other, the other looming fight is

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Speaker 1: who gets it first. You know, a lot of people

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Speaker 1: are gonna want this thing. But it's not like it's

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Speaker 1: a you know, it's the new phone at the at

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Speaker 1: the cell phone store. It's it's a it's a it's

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Speaker 1: it's a necessity. And I think, you know, will it

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Speaker 1: be military personnel, will be government employees, will it be

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Speaker 1: frontline workers? I mean, it seemed like in conversations that

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Speaker 1: I've had, and I can't wait to hear what you're

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Speaker 1: hearing as well, because it seems like the administration as

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Speaker 1: well as Republicans and Democrats, mind you, are preparing the

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Speaker 1: public for this, Paul. Is the debate about who has

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Speaker 1: access to the first round of vaccinations. Absolutely, I mean,

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Speaker 1: you know, and it's not just a vaccine to you need.

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Speaker 1: You know, you need people, you need needles, you need,

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Speaker 1: you need supplies and locations to be able to do it.

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Speaker 1: And it's just I'm clear to me that we're really there.

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Speaker 1: I mean, you know, we still see across the US

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Speaker 1: wait times excuse me, over a week in some cases

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Speaker 1: for people to get the test results back. So like

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Speaker 1: if you if we can't get test results back and

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Speaker 1: sooner than a week. Hard to imagine being able to

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Speaker 1: smoothly roll out a vaccine. And the question who will

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Speaker 1: pay for it? I mean, you know, we all you know,

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Speaker 1: in the previous aid bills there's been coverage for the coronavirus. Well,

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Speaker 1: but some people didn't want to go to the doctor

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Speaker 1: because they were worried, what if I don't have the

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Speaker 1: coronavirus when my test comes back negative and I'm gonna

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Speaker 1: be on the HEP for my bill and maybe I

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Speaker 1: don't have insurance, maybe I've lost my job, and you know,

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Speaker 1: now I am either losing or have lots my insurance.

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Speaker 1: So absolutely, this one is a complicated one. You know,

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Speaker 1: as the President really uh in leaving it up to states,

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Speaker 1: and at first he was sort of criticized for threatening

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Speaker 1: the sort of big foot states, and then he said, okay,

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Speaker 1: we'll find state can do whatever they want. And then

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Speaker 1: the con administration limited that. They were criticized that for

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Speaker 1: two but you know, undoubtedly the sort of fractured nature

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Speaker 1: of the response, the state by state response is going

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Speaker 1: to come into play. And when it comes to that vaccine,

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Speaker 1: I think, you know, depending on how much money you have,

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Speaker 1: depending if you have insurance and depending on where you live,

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Speaker 1: all those will be factors. All right, Josh, we gotta

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Speaker 1: switch gears now. Before I let you go, I want

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Speaker 1: to ask you about drudgery Secretary Polution, because he says

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Speaker 1: he's only for or he's very much focused on kids

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Speaker 1: and jobs his words, kids and jobs. As the GOP

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Speaker 1: is crafting a stimulus plan, President Trump is set to

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Speaker 1: go later this week uh to Capitol Hill to meet

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Speaker 1: with Leader McConnell as well as Hollis the leader Kevin McCarthy.

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Speaker 1: Are they going to get a deal before August? Oh? Man,

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Speaker 1: I don't know. You know, there are there, there are

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Speaker 1: so there's so many issues on the table right now.

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Speaker 1: I've been wondering why it is that they simply, you know,

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Speaker 1: seem to be pushing against some of the spending. I mean,

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Speaker 1: you know, the spending piled up in the previous bills.

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Speaker 1: Normally you think incumbent presidents or prime ministers or what

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Speaker 1: have you around the world would want to be sending

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Speaker 1: people money on the even an election. But they think

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Speaker 1: to be pushing against that. There's considerable conservative pressure against that,

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Speaker 1: and we just don't really know yet what shape that

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Speaker 1: is going to be. The president wants that payroll tax holiday.

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Speaker 1: There's a push from business groups to give it to

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Speaker 1: businesses as well. Uh, you know, they of course want

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Speaker 1: that back to work bonus. Again, maybe some of that

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Speaker 1: will go to businesses. They want to take down the

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Speaker 1: UI extensions that could be very politically unpopular. People of

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Speaker 1: course want that top up the extra employment payment. So

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Speaker 1: we we don't know. They certainly look like they're going

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Speaker 1: to get a deal. And I think as long as

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Speaker 1: Minution is in the in the driver's seat, he's got

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Speaker 1: a pretty good relationship with Speaker Pelosi. That said, what

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Speaker 1: will what will Trump do if it comes to his

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Speaker 1: desk and he doesn't like the form that it has taken,

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Speaker 1: in particular, if it doesn't, for instance, have some sort

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Speaker 1: of payroll tax quality and it I think that's where

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Speaker 1: the rebble be. You never really know what's going to

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Speaker 1: happen when it hits the president's death. So all right,

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Speaker 1: well we're gonna leave it there. Actually, Josh Wing grow

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Speaker 1: you know, because you know why, because Dr Anthony Fauci

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Speaker 1: is gonna throw the first pitch for the GNATS opening day.

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Speaker 1: Did you see that? Did you see that? You know?

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Speaker 1: I mean, who would have thought, you know, listen, try

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Speaker 1: do you here? Here he is on not trying to

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Speaker 1: be political, and then he goes and throws on a

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Speaker 1: neat's face mask, like that's not political. Josh Wyn Grow.

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Speaker 1: You know where the fils? Hey, Doc, where the fils?

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Speaker 1: Where the birds? But on the eagles? Josh Win Grow,

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Speaker 1: Bloomberg White House Reporter. Thanks for for coming on. I

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Speaker 1: appreciate it. Coming up next, we're gonna talk more education,

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Speaker 1: kids and jobs. Dr Fauci's throwing the first pitch. I

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Speaker 1: wonder what President Trump thinks about that. Something tells me

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Speaker 1: the White Else Press Corps will ask him in the

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Speaker 1: coming days. Down the load the Bloomberg How about I

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Speaker 1: try that again? Download the Bloomberg Sound on podcast on

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Speaker 1: Apple iTunes, at Bloomberg dot com, or by downloading the

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Speaker 1: Bloomberg Business app. You can also find me on Radio

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Speaker 1: dot com, I Heart Radio, and Spotify. My name is

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Speaker 1: Kevin Cereli. I'm the chief Washington corresponder from Bloomberg TV

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Speaker 1: and Radio Barrata Shirley. They're in the mid chat calling

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Speaker 1: the show. Maroufle on the board. You're listening to Bloomberg nine.

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Speaker 1: You're listening to Bloomberg Sound on with Kevin Surley on

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Speaker 1: Bloomberg and one oh five point seven f m h

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Speaker 1: D two Thursday Night Nats Park. I guess not technically.

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Speaker 1: Dr Anthony Foucher, director of the National Institute of Allergy

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Speaker 1: and Infectious Diseases, will throw the first pitch for the

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Speaker 1: Washington Nationals on opening Day, the team announced on Monday.

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Speaker 1: I'm reading from Fox. Fox continues to report the season

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Speaker 1: begins Thursday night with the Nats hosting the New York Yankees.

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Speaker 1: Dr Fauci has been a true champion for our country

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Speaker 1: during the COVID nineteen pandemic and throughout his distinguished career,

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Speaker 1: so it is only fitting that we honor him as

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Speaker 1: we kick off the season and defend our World Sees

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Speaker 1: Series Championship title. This according to the team, all right,

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Speaker 1: so he's gonna throw the first pitch, folks. I'm Kevin Sili,

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Speaker 1: Chief Washington correspondent for Bloomberg TV and Radio. I find

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Speaker 1: the whole conversation, for lack of a better word, ah,

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Speaker 1: I find this fascinating because I think a lot of

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Speaker 1: businesses are looking to the sports models to figure out

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Speaker 1: how to reopen. And it's not just businesses obviously. Now

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Speaker 1: it's schools as well. John H. Jackson is the president

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Speaker 1: and CEO of the Shot Foundation for Public Education and

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Speaker 1: he joined us on the line, and I have so

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Speaker 1: many questions for you. But John, how should schools and

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Speaker 1: teachers and communities be thinking about the first day of

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Speaker 1: school in just a few short weeks. Should they be

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Speaker 1: looking to models like how the sports leagues are doing it?

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Speaker 1: Or is have we not come up with a solution

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Speaker 1: either way? Well, first of all, thank you for having

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Speaker 1: me Kevin. UM. I think we should think about it

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Speaker 1: in a very phase in with a very phase and approach.

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Speaker 1: UM Number one is assessing the resources that are available

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Speaker 1: to provide this safety equipment that's necessary in the schools

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Speaker 1: to UM ensure that our educators are safe and our

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Speaker 1: young people are safe and parents who will need to

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Speaker 1: visit the school can do it in a very safe way. UM.

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Speaker 1: Once that assessment is made, then it provides a roadmap

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Speaker 1: on how the school should move from there. If those

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Speaker 1: talking about equipping parents with the types of resources and

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Speaker 1: The WiFi, the broad band, the technology, UM, the the

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Speaker 1: pieces that educators will need to use a uh AN

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Speaker 1: online platform, and in cases where those resources are made available,

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Speaker 1: then we talk about with with the youngest of young people,

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Speaker 1: what are the protocols that need to be quite you know,

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Speaker 1: should a young person um contract COVID or even more,

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Speaker 1: shouldn't educate a contracted so that we have all of

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Speaker 1: the plans and the plans behind the plans and play

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Speaker 1: um before we started the school year. You know, I

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Speaker 1: think this is a is a really fascinating conversation and

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Speaker 1: when I was prepping for this segment, trying to figure out,

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Speaker 1: you know, what are some of the most pressing unanswered

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Speaker 1: dynamics that we have to sort of figure out, And

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Speaker 1: one of them is many schools in Washington, do you see,

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Speaker 1: as well as in the in the Greater Washington d

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Speaker 1: CE area and around the country, as you know, John,

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Speaker 1: are trying to figure out, Okay, maybe the kids only

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Speaker 1: go for two days a week or one day a

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Speaker 1: week and do the rest remote learning, or maybe they

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Speaker 1: just check in once every other week. And I'm sitting

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Speaker 1: there and I'm scratching my head and I'm like, what

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Speaker 1: what what difference does that make. I mean, one kid

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Speaker 1: gets it or one kid's in the community that the

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Speaker 1: virus spreads. They say, you've got two weeks. So should

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Speaker 1: it be either we show up or we don't show

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Speaker 1: up or what is the science saying and how are

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Speaker 1: schools grappling with these decisions? I think the science UM

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Speaker 1: for those who are in pediatrics, and the science of

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Speaker 1: what young people need from a social perspective would say

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Speaker 1: that it's good for them to be in a school setting. Now,

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Speaker 1: the science around what family and working class families need,

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Speaker 1: especially with those who have young children, says that they

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Speaker 1: need an opportunity for UM their young people to go

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Speaker 1: to safe places which will allow them to go to

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Speaker 1: work and continue to make it earn a living for

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Speaker 1: their families. The science around UM the COVID saying that

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Speaker 1: we need to put in place the UH safety precautions

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Speaker 1: for all of this to happen. And that's where we're

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Speaker 1: having this challenge because all of those sciences are blending together,

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Speaker 1: and until we separated and began to say in our

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Speaker 1: approach and provide the resources in a very comprehensive way,

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Speaker 1: I think we're just UM missing missing a lot of

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Speaker 1: the points because we're talking past one another, and we're

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Speaker 1: throwing scientific numbers and data, and we're missing the focus

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Speaker 1: on our children and our educators. John H. Jackson's on

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Speaker 1: the line. He is the president and CEO of the

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Speaker 1: SHOT Foundation for Public Education UH. The president former President

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Speaker 1: Bill Clinton appointed him to serve as the Senior Policy

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Speaker 1: Advisor in the Office for Civil Rights at the US

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Speaker 1: Department of Education. He's also been an adjunct professor of Race, Gender,

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Speaker 1: and Public Policy at Georgetown UH and as well as

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Speaker 1: conducted extensive research at Harvard Civil at Harvard Civil Rights

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Speaker 1: Project on civil rights and opportunity gap issues. John, you know,

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Speaker 1: your organization just recently released a study and what it

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Speaker 1: found essentially is well, I'm gonna let you tell us

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Speaker 1: what it found, but it really notes I think it

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Speaker 1: underscores the unfortunate truth, the inconvenient truth, the uncomfortable truth

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Speaker 1: with this entire pandemic, and that is that underserved cities

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Speaker 1: and communities in cities are really going to be taking

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Speaker 1: the brunt of the education gap in a recovery and

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Speaker 1: in a wait for a recovery. That's correct. You know, Unfortunately,

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Speaker 1: our early beginnings of a country, we went through crude

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Speaker 1: periods of brutal oppression and colonies and regions around the country,

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Speaker 1: from the brutality against Native Americans to slavery. Then we

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Speaker 1: transition to legal oppression through Jim Crow laws, redlining, and segregation,

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Speaker 1: and the impact that the the impact of that oppression

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Speaker 1: remains baked into the policies and outcomes and cities and

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Speaker 1: across the country. So last week the Shop Foundation we

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Speaker 1: released our Loving Cities Index, which is an assessment of

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Speaker 1: the infrastructure in equity that is placed in place in

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Speaker 1: many communities across the country. And we assessed ten cities

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Speaker 1: because the only way we deal with systems of hate

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Speaker 1: and oppression is with systems of love, and the Loving

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Speaker 1: Cities Index measures the degree to which the cities have

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Speaker 1: developed the infrastructure and equity to provide all of its

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Speaker 1: students and family and opportunity to learn and an opportunity

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Speaker 1: to thrive. So, you know, Kevin, we looked at cities

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Speaker 1: like Albuquerque, Atlanta, Miami, Jackson, Mississippi and made this assessment

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Speaker 1: um in hopes of getting the cities and philanthropyture really

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Speaker 1: focused on provides support all Right. John H. Jackson, President

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Speaker 1: and CEO of these shots on the Ship for Public Education.

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Speaker 1: Thank you for giving us that important update. I'm Kevin

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Speaker 1: SURRELI you're listening to Bloomberg. This is Bloomberg Sound On

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Speaker 1: with Kevin Surreley on Bloomberg and one oh five point

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Speaker 1: seven f M HD two. My name is Kevin's really,

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Speaker 1: I'm the chief Washington correspondent for Bloomberg TV and Bloomberg Radio.

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Speaker 1: It's humid. Have you been outside. It's like going into

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Speaker 1: a sauna. You walk out there, you're sweating, you know.

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Speaker 1: I'm like, I'm going to get my ice coffee and

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Speaker 1: I'm like, I just want to dump this thing of

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Speaker 1: ice all over my face. It's that humid out. So

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Speaker 1: make sure you're drinking your water. Uh, drink more water,

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Speaker 1: and then drink even more. Mattie Duppler's on the line,

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Speaker 1: founder of Forward Strategy, senior fellow at the National Taxpayers Union,

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Speaker 1: a former coalitions director for the House Republican Conference. She

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Speaker 1: got out of Dodge her and the fam. Where are

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Speaker 1: you guys with consin? I know Wisconsin and the degrees.

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Speaker 1: It is lovely here. Well, it's like a ghost down

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Speaker 1: here in d C. But I'm glad that you and

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Speaker 1: the family are doing all right out there. You know,

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Speaker 1: nothing like Wisconsin, especially this time of year. Former Democratic

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Speaker 1: Alaska Senator Mark Begett, strategic consulting advisor now at Brownstein, Hyatt,

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Speaker 1: Farmer and Trek, which has been so good to us

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Speaker 1: with guests, and we're appreciative. Senator, thanks for joining. Are

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Speaker 1: you in Alaska? I'm in Alaska where no humidity are

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Speaker 1: the last week and now I'm not kidyan. Last week

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Speaker 1: we were as hot as eighty one degrees. Wow, not bad,

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Speaker 1: but dry. No, so you can actually walk to work

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Speaker 1: and not sweat on the way there. I don't even

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Speaker 1: And when I say sweat, folks, I think people. I'm

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Speaker 1: gonna stop talking. But it is grossly humid. That's all

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Speaker 1: I'm gonna say. It is disgustingly humid outside and wash

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Speaker 1: to d C. Senator, let's start with you, my friend.

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Speaker 1: Let's talk about really this next round of economic stimulus,

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Speaker 1: because you know, you got your friends in Washington here

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Speaker 1: in the Capitol and they're saying, you know, the President

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Speaker 1: saying he wants a payroll tax cut. He had his

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Speaker 1: opening bid with on Fox News in that interview that

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Speaker 1: I'm sure we all saw over the weekend. And then

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Speaker 1: you've got Leader McConnell saying he wants to to make

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Speaker 1: sure that there's some liability protection. Speaker Pelosi on the

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Speaker 1: other side of the fence, she's saying, Hey, no, we

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Speaker 1: got to make sure we have some relief for for

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Speaker 1: some underserved communities. Are they going to get a deal

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Speaker 1: or not? I think they will. Here's why I think

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Speaker 1: this every time. Um, you know, it's obviously one trillion

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Speaker 1: is one number, and three trillion is the other. Three

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Speaker 1: trillion house little less than one trillion is what the

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Speaker 1: Republican majority is talking about in the Senate. But what

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Speaker 1: I think is gonna happen is the pressures mountain. By

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Speaker 1: what I mean by that is as July and as

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Speaker 1: we know, a six stimulus bonus unemployment check the land.

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Speaker 1: There'll be some impacts. But some of the businesses are

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Speaker 1: feeling it pretty heavy. You know, if you're in the

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Speaker 1: travel tourism business, you're you're pretty wiped out economically in

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Speaker 1: a lot of ways. Um, if you're in um certain

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Speaker 1: other elements of the country. Maybe if you're own a mall,

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Speaker 1: or you're in a commercial real estate end, you're feeling

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Speaker 1: that you've been carrying your tenants or now you can't

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Speaker 1: carry him anymore. I think they're going to because the

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Speaker 1: politics have changed. If you look back four months ago,

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Speaker 1: you know you could have predicted Senate solidly Republican control,

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Speaker 1: House going to be Democratic and probably an edge to

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Speaker 1: Trump at that point, and dynamics have shifted all around.

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Speaker 1: Now the House is still probably Democratic control, but the

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Speaker 1: Senate could be and Trumps some troubles. So now everyone's

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Speaker 1: trying to figure out where they got to do to

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Speaker 1: solve the problem. I learned in Washington Democrat a Republican,

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Speaker 1: as soon as you start figuring out you're in trouble,

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Speaker 1: you're gonna be writing some chat and I think they're

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Speaker 1: going to so if I think the liability issues very interesting,

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Speaker 1: I think there are Democrats who would support that under

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Speaker 1: certain conditions, even though probably trial lawyers would be very

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Speaker 1: agitated with it. I think there's going to be there

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Speaker 1: has to be more flexibility on this money that they

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Speaker 1: gave to local state governments, and I think there's a

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Speaker 1: lot of push from the national Legal Cities and other

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Speaker 1: organizations to create that. The one thing that's interesting is

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Speaker 1: not talked about his basic infrastructure, which the president supports,

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Speaker 1: that Democrats supported Republicans support it. They're like vanished from

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Speaker 1: the conversation. And there's no better economic driver than putting

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Speaker 1: money into jobs that are ready, ready and available to

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Speaker 1: go construction. So I think they'll get a deal. It's

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Speaker 1: kind of a weird. There's optimism, but there's also this

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Speaker 1: attitude I hear every day on my calls and make

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Speaker 1: and talking about the optimistic but how could it happen?

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Speaker 1: And this guy sounds almost like they know what should happen,

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Speaker 1: but they're not sure how it's gonna happen. Right, will happen? Yeah?

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Speaker 1: Former Democratic A last Consentator Mark Beggett is on the line,

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Speaker 1: is now strategic consulting advisor Brownston, Hyde Farber and Shrek Maddie.

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Speaker 1: You hear the senator talk about really the pressure that

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Speaker 1: the that the political pressure that lawmakers are under right

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Speaker 1: now from their constituents, and how that uncertainty of the

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Speaker 1: trajectory of both the House and the Senate really could

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Speaker 1: force some of these lawmakers to get to a deal.

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Speaker 1: Is that what you're gathering? Yeah, So the immediate timeline

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Speaker 1: for actions July thirty one, because that is the expiration

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Speaker 1: of the expanded unemployment benefits under the Cares Act and uh,

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Speaker 1: Kevin Bloomberg TV that put up a great graphic shade

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Speaker 1: that you reposted about. It was my hit. Yeah, yeah,

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Speaker 1: I give a team credit Bloomberg Surveillance, right, I mean

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Speaker 1: like you got Amy Rosen doing all the go ahead.

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Speaker 1: Thanks an excellent job, the whole team eco job of

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Speaker 1: this graphic which showed the other cast skating deadlines that

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Speaker 1: will really start to put a pinch on American wallets,

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Speaker 1: things like you know, eviction and forbearance efforts that are

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Speaker 1: going to expire. That's one Americans are really going to

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Speaker 1: feel the economic pressure. And to the Senator's point, that's

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Speaker 1: what translates into the more important deadline in some policymakers minds,

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Speaker 1: which is that deadline in November. They need to be

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Speaker 1: showing both Democrats and Republicans need to show that they

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Speaker 1: can provide a solution to what is an extremely acute

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Speaker 1: economic circumstance for all Americans right now. Now when it

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Speaker 1: comes to seeing like the nitty gritty of what could

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Speaker 1: go in the bill, um this payroll tax situation is

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Speaker 1: interesting that the President keeps bringing it up. The Democrats

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Speaker 1: and Republicans both sided on and the Cares Act to

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Speaker 1: a payroll tax holiday. Uh. And that makes sense in

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Speaker 1: the sense that you're trying to give business as a

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Speaker 1: ton of liquidity to get through the uncertainty of um

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Speaker 1: of these these weeks and months. But you know, what

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Speaker 1: we really need policymakers to be looking at is where

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Speaker 1: they can get the biggest bang for their book, Because

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Speaker 1: here's the deal. While we might have low interest rate now,

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Speaker 1: while we might have an unprecedented economic circumstance in front

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Speaker 1: of us, we still don't have unlimited fiscal space. The

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Speaker 1: bill will eventually come do for the amount of spending

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Speaker 1: that we have had to do, we have had to

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Speaker 1: authorize in order to overcome the government mandated shutdowns that

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Speaker 1: were required to contain the coronavirus. I think the other

430
00:24:32,760 --> 00:24:35,480
Speaker 1: thing that's very important to remember for Republicans and Democrats

431
00:24:35,560 --> 00:24:38,359
Speaker 1: alike is that the Cares Act when it was pasted,

432
00:24:38,440 --> 00:24:40,160
Speaker 1: the premise was that we would be in a better

433
00:24:40,280 --> 00:24:43,600
Speaker 1: situation in the summer months than we are now. As

434
00:24:43,720 --> 00:24:46,119
Speaker 1: obvious that we did not anticipate infection rate to be

435
00:24:46,240 --> 00:24:47,920
Speaker 1: going up the way the way that they are. We

436
00:24:48,000 --> 00:24:50,440
Speaker 1: did not anticipate the economic pressure to continue to be

437
00:24:50,520 --> 00:24:53,200
Speaker 1: as a huge as it is. Now. So Congress certainly

438
00:24:53,280 --> 00:24:55,840
Speaker 1: has a role to act, and I would suggest that

439
00:24:55,960 --> 00:24:58,720
Speaker 1: finding the biggest bang for the buck is the most

440
00:24:58,840 --> 00:25:01,760
Speaker 1: important thing that democ actor Republicans can do to come

441
00:25:01,800 --> 00:25:04,680
Speaker 1: together to deliver something that actually helps the American people,

442
00:25:05,080 --> 00:25:07,200
Speaker 1: and they can try and figure out how they're gonna

443
00:25:07,200 --> 00:25:09,159
Speaker 1: get through that. Hey, Senator Baggage, I mean, you know,

444
00:25:09,640 --> 00:25:14,280
Speaker 1: I'm sure I'm curious to hear what the small businesses

445
00:25:14,440 --> 00:25:17,840
Speaker 1: up in your part of the world is are saying.

446
00:25:17,920 --> 00:25:21,479
Speaker 1: Because the business community that I talked with, I mean,

447
00:25:21,520 --> 00:25:24,200
Speaker 1: they needed the cash yesterday and and and you know,

448
00:25:24,280 --> 00:25:26,600
Speaker 1: the big businesses. And I'm not wanting to demonize bigger

449
00:25:26,640 --> 00:25:28,960
Speaker 1: small businesses, but we've got sixty seconds before the jump,

450
00:25:29,000 --> 00:25:31,159
Speaker 1: and we can pick it up after. But in sixty seconds,

451
00:25:31,440 --> 00:25:33,879
Speaker 1: what are you hearing from the small businesses about the

452
00:25:33,960 --> 00:25:38,320
Speaker 1: access to liquidity that they need. Well, I think they used,

453
00:25:38,480 --> 00:25:42,199
Speaker 1: especially in the hospitality, restaurants, those kind of service sector areas,

454
00:25:42,280 --> 00:25:45,399
Speaker 1: the p p P program. They've burned through that. And

455
00:25:45,880 --> 00:25:50,560
Speaker 1: because they can't get any more capital and the emergency money,

456
00:25:50,840 --> 00:25:54,040
Speaker 1: uh disaster really money, it's hard to getting very small Uh,

457
00:25:54,240 --> 00:25:57,440
Speaker 1: they need additional working capital is the name of the game.

458
00:25:57,480 --> 00:25:59,760
Speaker 1: And they don't need it three weeks from now. They

459
00:25:59,800 --> 00:26:02,560
Speaker 1: don't need a month now, they need it today. And

460
00:26:02,680 --> 00:26:05,600
Speaker 1: how they also need to make more flexibility on that

461
00:26:05,760 --> 00:26:09,200
Speaker 1: PvP because the ratios that Congress is trying to figure

462
00:26:09,240 --> 00:26:11,040
Speaker 1: out all the time, how much for paywall, how much

463
00:26:11,080 --> 00:26:13,160
Speaker 1: for utili, They don't know what you need to help

464
00:26:13,160 --> 00:26:14,840
Speaker 1: they're doing that arena, they should do a wow. The

465
00:26:14,920 --> 00:26:18,640
Speaker 1: flexibility for the businesses to use it as working capital

466
00:26:18,960 --> 00:26:21,040
Speaker 1: to ensure that they can make it through this period.

467
00:26:21,119 --> 00:26:24,720
Speaker 1: That is the number one issue that you're over and

468
00:26:24,880 --> 00:26:27,600
Speaker 1: over again. Okay, all right, both of you stick around.

469
00:26:27,640 --> 00:26:29,440
Speaker 1: We've got much more coming up with the panel. They're

470
00:26:29,440 --> 00:26:31,800
Speaker 1: gonna tell me one thing that's on their radar that's

471
00:26:31,840 --> 00:26:35,000
Speaker 1: coming up next. Remember, you can download the Bloomberg Sound

472
00:26:35,080 --> 00:26:38,359
Speaker 1: On podcast on Apple iTunes, at Bloomberg dot com, or

473
00:26:38,440 --> 00:26:40,920
Speaker 1: by downloading the Bloomberg Business App. You can also find

474
00:26:40,960 --> 00:26:44,640
Speaker 1: me on Radio dot com, I Heart Radio, and Spotify.

475
00:26:45,680 --> 00:26:47,920
Speaker 1: Drink some water, folks, it's a hot one. It's a

476
00:26:48,000 --> 00:26:50,959
Speaker 1: hot one. It is a hot one, and you are

477
00:26:51,040 --> 00:27:11,240
Speaker 1: listening to Bloomberg. This is Bloomberg's Sound On with Kevin

478
00:27:11,320 --> 00:27:15,560
Speaker 1: Surrele on Bloomberg and One Oh five point seven f

479
00:27:15,680 --> 00:27:18,600
Speaker 1: M HD two. My name is Kevin Cirelli on the

480
00:27:18,640 --> 00:27:21,320
Speaker 1: Chief Washington correspondent Fromloomer TV and Radio. I'm going back

481
00:27:21,320 --> 00:27:24,960
Speaker 1: to Delk this weekend. Cannot wait. It is the Dad's

482
00:27:25,200 --> 00:27:30,840
Speaker 1: Big seven zero is turning seventy, and so I'm asking

483
00:27:31,000 --> 00:27:35,520
Speaker 1: all of our esteemed guests, are really esteemed guests, what

484
00:27:35,800 --> 00:27:39,240
Speaker 1: I should get Dad for the seventieth. Maddie Doppler, founder

485
00:27:39,280 --> 00:27:42,440
Speaker 1: of Forward Strategy, senior fellow at the National Taxpayers Union,

486
00:27:42,480 --> 00:27:46,280
Speaker 1: and former Coalitions director for the House Republican Conferences, on

487
00:27:46,359 --> 00:27:49,240
Speaker 1: the line as his former Democratic Alaska Senator Mark beget

488
00:27:49,920 --> 00:27:55,280
Speaker 1: Now he is strategic consulting advisor Brownstein, Hyatt, Farber and Shrek. Alright, Maddie,

489
00:27:55,320 --> 00:27:59,280
Speaker 1: what do I get Dad for the Big seven? Oh? Dado,

490
00:27:59,720 --> 00:28:04,400
Speaker 1: these me about it, especially Nick to really go ahead. Yeah,

491
00:28:04,440 --> 00:28:06,400
Speaker 1: he fishes. But when we go fishing, it's like down

492
00:28:06,440 --> 00:28:09,280
Speaker 1: the Jersey shore, So it's not really like how do

493
00:28:09,359 --> 00:28:11,520
Speaker 1: I want to sit? It's not like we're a Nantucket,

494
00:28:11,760 --> 00:28:13,680
Speaker 1: you know what I mean? And I got nothing against Nantucket.

495
00:28:13,920 --> 00:28:16,800
Speaker 1: I got nothing against Nantucket. Or where's the other place

496
00:28:16,840 --> 00:28:19,720
Speaker 1: they all go to? Hampton's, you know. But I he's

497
00:28:19,800 --> 00:28:23,160
Speaker 1: not like that type of you know what I'm saying. Yeah,

498
00:28:23,200 --> 00:28:25,600
Speaker 1: I mean my dad is someone who can't shop for

499
00:28:25,760 --> 00:28:27,600
Speaker 1: him for anything. So you just have to give him

500
00:28:27,640 --> 00:28:29,960
Speaker 1: something related to fishing because that is his like number

501
00:28:30,040 --> 00:28:32,800
Speaker 1: one primo hobby now that he's retired, the only thing

502
00:28:32,880 --> 00:28:36,280
Speaker 1: he does. All right, well, all right, thanks Senator. What

503
00:28:36,400 --> 00:28:40,000
Speaker 1: do I get him? Where do you get him? A

504
00:28:40,160 --> 00:28:44,600
Speaker 1: trip to Alaska to remote He would love that. He

505
00:28:44,680 --> 00:28:47,280
Speaker 1: would love that fish because the fish, the fishing the

506
00:28:47,400 --> 00:28:54,480
Speaker 1: Lower Forty are like baked. You know. He loves Alaska.

507
00:28:54,680 --> 00:28:57,720
Speaker 1: Thing about Alaska where he says even he can catch

508
00:28:57,840 --> 00:29:00,479
Speaker 1: fish in Alaska, so it's a beautiful one, all amazing

509
00:29:00,520 --> 00:29:02,440
Speaker 1: place of special. I would love to go to la

510
00:29:02,800 --> 00:29:06,520
Speaker 1: with my dad. You you can walk across the water

511
00:29:06,680 --> 00:29:08,600
Speaker 1: on the backs of the fish here, so many how

512
00:29:08,600 --> 00:29:11,000
Speaker 1: about that? You know what, the Senator, you and I

513
00:29:11,040 --> 00:29:14,520
Speaker 1: are going to talk because I you know, I don't

514
00:29:14,560 --> 00:29:16,480
Speaker 1: know if he's seven. He saw him like nervous about

515
00:29:16,480 --> 00:29:19,360
Speaker 1: the whole flight thing, you know, with the COVID and everything.

516
00:29:19,440 --> 00:29:21,760
Speaker 1: But but I like that idea in the future of

517
00:29:21,800 --> 00:29:24,120
Speaker 1: a future trip maybe when he's you know, yeah, maybe

518
00:29:24,160 --> 00:29:26,080
Speaker 1: when things when things open up, all right, This is

519
00:29:26,160 --> 00:29:28,720
Speaker 1: the favorite part of my show. It is where I

520
00:29:28,800 --> 00:29:32,520
Speaker 1: asked our panelists what is on their radar? Maddie, what

521
00:29:32,720 --> 00:29:34,960
Speaker 1: is on your radar? Kevin? I gotta go back to

522
00:29:35,040 --> 00:29:37,840
Speaker 1: my roots and talk taxes, real questions issue to take

523
00:29:37,880 --> 00:29:42,120
Speaker 1: your time attention. I've not got an attention in these

524
00:29:42,160 --> 00:29:45,600
Speaker 1: final negotiations on the next coronavirus bill. And it has

525
00:29:45,680 --> 00:29:47,959
Speaker 1: to do with the fact that we've got people who

526
00:29:48,040 --> 00:29:51,400
Speaker 1: are now working in different space or different task juristictions

527
00:29:51,440 --> 00:29:55,520
Speaker 1: than their office. What does that mean? Well, it I

528
00:29:55,640 --> 00:29:59,360
Speaker 1: mean that you've got a million, millions of workers who

529
00:29:59,400 --> 00:30:01,920
Speaker 1: all of a sudden have to file all different paperwork

530
00:30:02,200 --> 00:30:03,840
Speaker 1: in order to make sure that they're not getting a

531
00:30:03,880 --> 00:30:06,160
Speaker 1: stuff taxes on income earned in a different state because

532
00:30:06,160 --> 00:30:09,360
Speaker 1: they're working at a different tape taxter efition. It could

533
00:30:09,400 --> 00:30:13,280
Speaker 1: be a total mess, but a tax here if Congress

534
00:30:13,320 --> 00:30:15,520
Speaker 1: doesn't clarify this. So all Congress has to do is

535
00:30:15,600 --> 00:30:18,120
Speaker 1: step in and say, listen, if you're working from home

536
00:30:18,240 --> 00:30:20,880
Speaker 1: because you're doing your part and you're staying at home

537
00:30:20,920 --> 00:30:23,280
Speaker 1: in social distancing, and you're abiding by your state state

538
00:30:23,280 --> 00:30:25,440
Speaker 1: at home owners, we're just going to count that work

539
00:30:25,520 --> 00:30:28,040
Speaker 1: as work you did in your office. Whatever state or

540
00:30:28,400 --> 00:30:31,320
Speaker 1: local tax restitition that might be in and we're not

541
00:30:31,400 --> 00:30:32,560
Speaker 1: going to bother you with it. You don't have to

542
00:30:32,640 --> 00:30:35,400
Speaker 1: file a separate tax return or anything like that. That

543
00:30:35,480 --> 00:30:37,680
Speaker 1: would go a long way to making sure that the

544
00:30:37,720 --> 00:30:42,360
Speaker 1: tax filing UH season is not a complete nightmare for

545
00:30:42,440 --> 00:30:44,920
Speaker 1: tax mayor's. That's a really good one. And do you

546
00:30:45,000 --> 00:30:46,920
Speaker 1: think just to follow up on that, do you think

547
00:30:46,960 --> 00:30:49,160
Speaker 1: that we're going to see is the i R S

548
00:30:49,280 --> 00:30:53,240
Speaker 1: in for for a nightmare this year? The i R

549
00:30:53,440 --> 00:30:54,760
Speaker 1: S is in for a while, is going to have

550
00:30:54,840 --> 00:30:56,560
Speaker 1: a work cut out for it next year if it

551
00:30:56,600 --> 00:30:59,760
Speaker 1: doesn't give this clarifiction clarification from Congress. So hopefully they're

552
00:30:59,760 --> 00:31:04,280
Speaker 1: talking of bommakers there. Senator uh Portman, Senator soon has

553
00:31:04,320 --> 00:31:07,160
Speaker 1: a bill to clarify this. There is a House bill

554
00:31:07,240 --> 00:31:09,719
Speaker 1: as well. Uh. This has been an issue or remote

555
00:31:09,800 --> 00:31:12,200
Speaker 1: work issue as a work gets as the world gets

556
00:31:12,240 --> 00:31:14,680
Speaker 1: more mobile. This has been an issue that states have

557
00:31:14,800 --> 00:31:18,040
Speaker 1: been focused on, and there's been bipartisan legislation in Congress

558
00:31:18,080 --> 00:31:21,400
Speaker 1: to further clarify keeping taxpayers cool while they work in

559
00:31:21,480 --> 00:31:23,960
Speaker 1: different places throughout the year. We need more attention on

560
00:31:24,040 --> 00:31:27,200
Speaker 1: this issue. We definitely need more attention now that coronavirus

561
00:31:27,360 --> 00:31:32,320
Speaker 1: is all working from home. Senator, what is your Yeah. First,

562
00:31:32,400 --> 00:31:34,800
Speaker 1: I want to do a quick response. You know what's amazing,

563
00:31:34,960 --> 00:31:37,959
Speaker 1: it's taken a crisis for Congress to try to focus

564
00:31:38,080 --> 00:31:41,200
Speaker 1: on the gig economy, the new economy, the remote economy

565
00:31:41,800 --> 00:31:45,840
Speaker 1: that people have been talking about four years, that this

566
00:31:46,080 --> 00:31:48,200
Speaker 1: is where the economy were shifting. Now. Of course, a

567
00:31:48,280 --> 00:31:50,720
Speaker 1: crisis pushed it there, but that's not I was just

568
00:31:50,960 --> 00:31:53,040
Speaker 1: interested in the conversation. The two things which will be

569
00:31:53,120 --> 00:31:58,240
Speaker 1: contradictory in a way. One is, sooner or later, we

570
00:31:58,320 --> 00:32:00,800
Speaker 1: got to pay the bill, and the bill is going

571
00:32:00,880 --> 00:32:04,360
Speaker 1: to be big, we think too. Three trillion now is

572
00:32:04,440 --> 00:32:06,880
Speaker 1: probably by time we're done for to five and a

573
00:32:06,880 --> 00:32:12,080
Speaker 1: half trillion, and we're going to have some negative impact

574
00:32:12,200 --> 00:32:15,240
Speaker 1: on inflation, cost of goods, you name it, and the

575
00:32:15,320 --> 00:32:19,200
Speaker 1: federal deficit, cost of borrowing money, all those things that

576
00:32:19,600 --> 00:32:22,680
Speaker 1: drive an economy. So we got a short term crisis,

577
00:32:22,800 --> 00:32:26,400
Speaker 1: but a big problem on the horizon that we got

578
00:32:26,480 --> 00:32:29,640
Speaker 1: to deal with. Second, which is, again this will be contradictory,

579
00:32:30,480 --> 00:32:34,000
Speaker 1: we have to invest money in infrastructure. Maybe it's my

580
00:32:34,560 --> 00:32:37,560
Speaker 1: roots as a mayor, you know, we like to build

581
00:32:37,640 --> 00:32:40,120
Speaker 1: stuff because if you don't build it, an economy doesn't grow.

582
00:32:40,240 --> 00:32:42,520
Speaker 1: And you know, we got a lot of stuff out there.

583
00:32:42,560 --> 00:32:45,360
Speaker 1: It doesn't matter if it's the park service to the roads,

584
00:32:45,440 --> 00:32:48,880
Speaker 1: to water, sewer and telecom, whatever it is. An infrastructure

585
00:32:49,320 --> 00:32:53,480
Speaker 1: does in desperate need of repair and working, and that

586
00:32:53,640 --> 00:32:57,360
Speaker 1: has multi year impact on the economy once it's completed

587
00:32:57,480 --> 00:32:59,920
Speaker 1: or even in the process. So I guess those of

588
00:33:00,160 --> 00:33:03,440
Speaker 1: things because all the crisis stuff, we'll get through it.

589
00:33:03,680 --> 00:33:06,680
Speaker 1: It will be painful, it will be giving us new

590
00:33:06,800 --> 00:33:09,120
Speaker 1: ideas of how to do things, but you've got to

591
00:33:09,160 --> 00:33:11,080
Speaker 1: look at the long game. And the long game is

592
00:33:11,720 --> 00:33:13,719
Speaker 1: you can have to deal with what it all costs,

593
00:33:14,120 --> 00:33:17,480
Speaker 1: which you're also going to have to deal with rebuilding

594
00:33:17,480 --> 00:33:20,360
Speaker 1: the infrastructure and all the activity they go along with it,

595
00:33:20,360 --> 00:33:22,760
Speaker 1: because once you build it, the economy can just pain

596
00:33:22,840 --> 00:33:26,080
Speaker 1: itself beyond this crisis we're in today. And is a

597
00:33:26,160 --> 00:33:28,040
Speaker 1: really good one. That is a really good one. And

598
00:33:28,080 --> 00:33:29,920
Speaker 1: of course you're getting back to your it's your early

599
00:33:30,000 --> 00:33:34,320
Speaker 1: political career days when you were the mayor of Anchorage.

600
00:33:34,640 --> 00:33:37,040
Speaker 1: So that's a great one. You know what's on my radar,

601
00:33:37,720 --> 00:33:41,240
Speaker 1: it's this book called Across That Bridge, and it's a

602
00:33:41,400 --> 00:33:44,520
Speaker 1: vision for change in the future of America, published by

603
00:33:44,680 --> 00:33:48,080
Speaker 1: now the late great civil rights icon John Lewis. And

604
00:33:48,160 --> 00:33:50,560
Speaker 1: there's a quote in this book, and if you haven't,

605
00:33:50,760 --> 00:33:52,920
Speaker 1: if you haven't read this book, read it. And the

606
00:33:53,040 --> 00:33:56,520
Speaker 1: quote is quote. Freedom is not a state. It is

607
00:33:56,600 --> 00:34:00,600
Speaker 1: an act. It is not some enchanted guard him perched

608
00:34:00,680 --> 00:34:03,640
Speaker 1: high on a distant plateau where we can finally sit

609
00:34:03,720 --> 00:34:07,480
Speaker 1: down and rest. Freedom is the continuous action we all

610
00:34:07,600 --> 00:34:11,520
Speaker 1: must take, and each generation must do its part to

611
00:34:11,680 --> 00:34:15,919
Speaker 1: create an even more fair, more just society. That from

612
00:34:16,360 --> 00:34:20,759
Speaker 1: again John Lewis, who passed away over the weekend, John Lewis,

613
00:34:20,880 --> 00:34:23,520
Speaker 1: and do you guys have any just we've got like

614
00:34:23,600 --> 00:34:25,440
Speaker 1: a minute leapt and Senator do you have any memories

615
00:34:25,520 --> 00:34:28,399
Speaker 1: with him? Oh? Well, first give and I forgot to say,

616
00:34:28,440 --> 00:34:31,400
Speaker 1: what's really on my radar screen? Tomorrow I celebrate my

617
00:34:31,560 --> 00:34:35,640
Speaker 1: thirtieth wedding anniversary. We're going to be on a Viking cruise,

618
00:34:35,800 --> 00:34:39,479
Speaker 1: which of course not happening in Europe. So we're gonna

619
00:34:39,520 --> 00:34:45,000
Speaker 1: have a dinner at a European restaurant here. So that's amazing.

620
00:34:45,239 --> 00:34:51,000
Speaker 1: Creved there in a car, so good, A happy anniversary. Congratulations,

621
00:34:51,080 --> 00:34:54,759
Speaker 1: that's no small fee, thank you, But I don't I

622
00:34:54,800 --> 00:34:58,160
Speaker 1: didn't really know him personally, but I always enjoyed watching

623
00:34:58,360 --> 00:35:02,080
Speaker 1: him when he spoke on the floor because his eloquence

624
00:35:02,160 --> 00:35:04,799
Speaker 1: in his history, it just reminds you of the kind

625
00:35:04,800 --> 00:35:08,120
Speaker 1: of leadership and my own opinion is void right now

626
00:35:08,280 --> 00:35:10,920
Speaker 1: in this country. You know, you can agree or disagree

627
00:35:11,320 --> 00:35:14,719
Speaker 1: with his politics, but his fight could put his life

628
00:35:14,800 --> 00:35:17,840
Speaker 1: on the line for what he believed in. It was

629
00:35:17,880 --> 00:35:23,040
Speaker 1: an amazing statement of a personal character, his characteristics, and

630
00:35:23,160 --> 00:35:25,920
Speaker 1: so that's that's what I remember about him, Maddie, what

631
00:35:26,000 --> 00:35:29,400
Speaker 1: about you. I didn't get to interact with him personally

632
00:35:29,480 --> 00:35:31,279
Speaker 1: since I worked on the Republican kind of things in

633
00:35:31,320 --> 00:35:33,919
Speaker 1: the House, but I saw a great anecdote about how

634
00:35:34,800 --> 00:35:38,960
Speaker 1: at the inauguration of President Barack Obama, he had him

635
00:35:39,000 --> 00:35:42,120
Speaker 1: sign a piece of paper and President Obama on it

636
00:35:42,239 --> 00:35:45,200
Speaker 1: wrote because of you, John, which I just think it

637
00:35:45,400 --> 00:35:50,480
Speaker 1: really speaks to the impact that he had that is

638
00:35:50,600 --> 00:35:53,600
Speaker 1: very powerful. All Right, My thanks to former Senator Mark

639
00:35:53,640 --> 00:35:55,920
Speaker 1: Beggish and of course in Mattie Duppler, both of you

640
00:35:56,040 --> 00:35:58,080
Speaker 1: for for being so generous with your time this evening

641
00:35:58,120 --> 00:36:01,480
Speaker 1: and at the anniversary Senator, seriously, happy anniversary. Maybe I'll

642
00:36:01,520 --> 00:36:03,160
Speaker 1: get that trip to Alaska with my dad in a

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Speaker 1: couple of years, and you will go on that cruise

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Speaker 1: with your wife when things get back to normal. That

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Speaker 1: does it for me much more. All throughout the week,

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Speaker 1: I'm Kevin Cirelli, Cheap Washington correspondent for Bloomberg TV and

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Speaker 1: for Bloomberg Radio. Download Bloomberg sang On podcast on Apple iTunes,

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00:36:17,480 --> 00:36:20,799
Speaker 1: at Bloomberg dot com, or by downloading the Bloomberg Business app.

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Speaker 1: Drink some water. It's a hot one. You're listening to

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Speaker 1: Bloomberg