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Speaker 1: We shouldn't as Democrats be a power in the Republicans.

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Speaker 1: President Trump was secure to smash conventional norms. I would

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Speaker 1: rather see a congressional solution. It's part of my DNA.

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Speaker 1: He's Bloomberg Sound one on Bloomberg two. All right, here

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Speaker 1: we go, pandemic day one of the fifteen days that

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Speaker 1: President Trump has called for. I'm Kevin Cirelli, chief Washington

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Speaker 1: correspondent for Bloomberg Television and Bloomberg Radio. We have we're

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Speaker 1: gonna break down everything. Treasury Secretary Stephen Manuchian announcing that

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Speaker 1: he wants to have a massive, massive economic stimulus. He

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Speaker 1: was up on Capitol Hill earlier today. The market reaction,

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Speaker 1: we have that covered as well, and all of the

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Speaker 1: latest as America continues to grapple with this pandemic. Day

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Speaker 1: one of the fifteen days. And uh, we're super grateful

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Speaker 1: to have Anna Edgerton, Bloomberg Politics editor, to join us

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Speaker 1: via telephone. Anna to break down with the White House

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Speaker 1: is now pushing. Uh. Today, President Trump pushing a one

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Speaker 1: point to trillion dollars stimulus, one thousand dollar checks in

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Speaker 1: two weeks. I'm going to read from from our colleagues

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Speaker 1: reporting the Trump administration is discussing a plan that could

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Speaker 1: amount to as much as one point to trillion dollars

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Speaker 1: in spending, including direct payments of a thousand dollars or

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Speaker 1: more two Americans within two weeks to blunt some of

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Speaker 1: the economic impacts of the widening coronavirus outbreak. Minution has

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Speaker 1: pitched two hundred and fifty billion dollars in checks to

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Speaker 1: be sent at the end of April, with a second

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Speaker 1: set of checks totaling five hundred billion a month later.

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Speaker 1: And this is unprecedented. What are you gathering from what capital?

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Speaker 1: Is there an appetite for this on Capitol Hill? It

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Speaker 1: is imprecedented, And we get the impression from speaking to

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Speaker 1: lawmakers that they understand just the gravity of this situation.

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Speaker 1: You know, it's kind of a multifaceted crisis that we

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Speaker 1: really haven't seen in the United States or in the world.

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Speaker 1: On the one hand, you have the health crisis. You're

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Speaker 1: making sure that bowl stay in their homes, work from

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Speaker 1: home as much as they can, and try not to

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Speaker 1: spread this virus. On the other hand, you have the

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Speaker 1: economics fallout from people doing exactly that. So this is

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Speaker 1: a crisis that really requires an unprecedented response, and it's

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Speaker 1: hard to see how these individual measures will help. But

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Speaker 1: there's an understanding that it really needs to be big

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Speaker 1: and bold and really unlike anything we've seen before. Mnutian said,

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Speaker 1: it's a big number. Uh, this is a very big

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Speaker 1: situation in this economy. We put a proposal on the

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Speaker 1: table that would inject a trillion dollars into the economy.

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Speaker 1: President Trump earlier today saying, just as much you said,

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Speaker 1: we have to be big and folks, if you're if

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Speaker 1: you're listening to us, over the next couple of days,

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Speaker 1: at least, we're not gonna be able to play sound

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Speaker 1: bites because our colleagues are working tirelessly at home to

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Speaker 1: make sure that we can get to air. So you know,

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Speaker 1: I wish I could play for the for you that.

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Speaker 1: So I'm gonna have to be reading some of those

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Speaker 1: quotes now. Uh. Secretary Venition also said, quote, Americans need

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Speaker 1: hash now, and the President wants to give cash now,

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Speaker 1: and I mean now in the next two weeks. There's

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Speaker 1: been so much I don't think, I mean, there's just

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Speaker 1: been so this story has just been booming in terms

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Speaker 1: of the scope of it and the magnitude of it.

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Speaker 1: When do you think or what else might we see

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Speaker 1: from lawmakers up on Capitol Hill. Well, you know, we

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Speaker 1: had the they's talk about three phases. You know. The

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Speaker 1: first phase was the initial roughly eight billion dollars at

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Speaker 1: both chambers of Congress passed and the Trump's sign into law.

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Speaker 1: Then we have the House build that was focused on

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Speaker 1: things like paid sick leave to help people stay home

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Speaker 1: if they if they needed to, if they felt like

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Speaker 1: they had symptoms, and expanded some Medicaid options for low

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Speaker 1: income families. That how bill has passed the House and

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Speaker 1: expected to pass this in it today or tomorrow. And

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Speaker 1: this is the third phase that we're talking about this morning.

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Speaker 1: Manution's first estimate was that it would be eight hundred

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Speaker 1: and fifty billion dollars. By the afternoon he was up

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Speaker 1: to one point two trillion dollars. So there is kind

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Speaker 1: of a realization that this is going to grow as

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Speaker 1: the need becomes apparent. And that's what we're going to

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Speaker 1: be watching for, you know, both the scope and the

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Speaker 1: individual measures that could be included. And what what are

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Speaker 1: you hearing in terms of what folks are saying about

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Speaker 1: just providing immediate relief to temporary workers, to part time workers,

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Speaker 1: to workers who are working in restaurants, to folks who

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Speaker 1: are just we're immediately feeling the economic brunt of this. Well,

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Speaker 1: that's the tricky thing. And that's what makes this different

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Speaker 1: than like two thousand, two thousand nine, is that it's

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Speaker 1: not one sector that's affected. You know, it's not like

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Speaker 1: you can give a bailout to the financial sector and

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Speaker 1: and help whether the storm. This affects all kinds of people,

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Speaker 1: small businesses, individuals, and the idea of something like these

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Speaker 1: direct cash handouts is really to be a bridge for

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Speaker 1: people and for businesses so that they don't have to

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Speaker 1: you know, default on loans, you fire employees, lay off

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Speaker 1: more workers, so that they can kind of nake it

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Speaker 1: through the shock of these weeks as we're all self

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Speaker 1: distancing and and drawing down consumer spending and quickly ramped

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Speaker 1: back up the economy when we get through it. You know,

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Speaker 1: even beyond that, Senate Majority Leader Mitch McConnell says that

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Speaker 1: they're not going to leave town until they've constructed and

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Speaker 1: passed another bill. Uh And and clearly this is something

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Speaker 1: that Secretary Monition wants to see done, wants to see executed.

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Speaker 1: Is there divide at all is there partisant bickering on this,

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Speaker 1: I would hope not. That's a that's a good question,

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Speaker 1: and you know, unfortunately there is still some partisans agreement,

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Speaker 1: although the dumb enough to to try to keep people

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Speaker 1: from getting cash in the middle of a global pandemic.

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Speaker 1: I can't wait to hear these names go ahead. And well,

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Speaker 1: the problem is that, you know Mitch McConnell, who's the

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Speaker 1: Senate majority leader Republicans control the Senate. He said that

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Speaker 1: he's going to set up these taskports that are going

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Speaker 1: to be working with anuition to develop this proposal, but

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Speaker 1: no Democrats are included on that. He said, once they

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Speaker 1: developed their proposal, then they'll take it to the Democrats

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Speaker 1: and try to make sure that there's some kind of compromise.

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Speaker 1: So it's really a question of process. You know, from

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Speaker 1: the beginning, it would be better if this were a

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Speaker 1: bipartisan effort, but McConnell made it clear that he's going

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Speaker 1: to do his Republican bill, then take it to the

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Speaker 1: Democrats and try to negotiate. Now, I should say this

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Speaker 1: is what House Democrats did last week, but we were

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Speaker 1: at a very different time last week when the scope

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Speaker 1: of the crisis was very different. Our Republicans on the

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Speaker 1: same page on this. Do they know they're gonna have

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Speaker 1: to spend well, the concern is not really about the

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Speaker 1: price tag. You know, we heard from lawmakers today saying

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Speaker 1: it's a cheap time to borrow money. Interest rates are

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Speaker 1: historically low. This is the time to get through this

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Speaker 1: economic crisis, to avoid kind of further long term damage,

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Speaker 1: kind of price be damned. But there is not agreement

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Speaker 1: on what the measures should be. We at Lindsay Graham,

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Speaker 1: a senator from South Carolina, close ally of the President,

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Speaker 1: who said he doesn't like to cash hand out. He

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Speaker 1: said he'd rather people be getting a paycheck than a handout,

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Speaker 1: Which is fine if you're employed, um, and if you

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Speaker 1: are on salary, but you know, for hourly workers who

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Speaker 1: aren't working right now, or for people who most of

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Speaker 1: their salary or earn rest their sally through tips. You know,

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Speaker 1: there are a lot of people who don't fall inspect

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Speaker 1: kind of neat income category that would be helped by

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Speaker 1: a payroll tax cut. For example, It's just all right,

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Speaker 1: tell me something uplifting and I'm putting you on the spot.

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Speaker 1: What'd you see you online that was uplifting today? One

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Speaker 1: thing that I do think is uplifting is how seriously

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Speaker 1: people are taking this, you know, certainly not across the board,

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Speaker 1: but really around the world. We see people changing their lives,

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Speaker 1: drawing down their social commercial, uh, you know, whatever kind

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Speaker 1: of activity to avoid spreading this virus and to make

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Speaker 1: sure that they're protecting them most vulnerable members of society.

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Speaker 1: And you know, that's what we're doing right now. I'm

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Speaker 1: working from home. You know, everyone's working from home that

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Speaker 1: can to make sure that we're not out and about

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Speaker 1: and make sure that we're not you know, spreading this

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Speaker 1: virus and making sure that people who are six can

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Speaker 1: get the help that they need. And it's thank you

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Speaker 1: so much, Anna Edgerton, Bloomberg Politics Editor. And it's weird,

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Speaker 1: right because as Americans, whenever there's a disaster, remember there's

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Speaker 1: a catastrophe, you want to rush in and you want

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Speaker 1: to help, you want to do something. And in this situation,

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Speaker 1: the best thing to do is to stay home. And

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Speaker 1: that's it's just that's that's taken me a minute to

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Speaker 1: to to grab to grasp. Really is that you gotta

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Speaker 1: you gotta stay home, you gotta stay put, you gotta

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Speaker 1: hunker down, work from home. We're gonna get through this.

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Speaker 1: We're gonna get through this, but we've got to get

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Speaker 1: through it. I'm Kevin's really, chief Washington correspondent from Bloomberg

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Speaker 1: Television Bloomberg Radio. You're listening to Bloomberg nine one. This

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Speaker 1: is Bloomberg Sound On with Kevin Surley on Bloomberg and

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Speaker 1: one or five point seven f M HD two. I'm

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Speaker 1: Kevin Cireli, chief Washington correspondent for Bloomberg Television, Bloomberg Radio.

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Speaker 1: I hope everyone's doing all right. I'm keeping every one

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Speaker 1: of my prayers. We're gonna get through this, folks. And uh,

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Speaker 1: you know, the administration is saying that an economic stimulus

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Speaker 1: is on the way. How Speaker Nancy Pelosias said that

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Speaker 1: she's going to vow to work with everyone to get

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Speaker 1: something done. Checks might be on the way in two weeks.

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Speaker 1: President Trump said he wants check smailed out within two

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Speaker 1: weeks now, as Treasury Secretary Steve Amnuan said it. And

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Speaker 1: you know, you know, we'll see if that, if that

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Speaker 1: helps anyone out there who so desperately needs an economic help,

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Speaker 1: so desperately needs some medical help during this national pandemic.

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Speaker 1: Dennis kellerher is on the line. He is the president

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Speaker 1: of Better Markets and uh uh, Dennis, are are you there? Yes? Good?

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Speaker 1: How are you sorry? I just want to make sure

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Speaker 1: you were there. We're our our crew on this program,

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Speaker 1: Dennis is. I'm sure everyone is working from home. They've

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Speaker 1: just doing such an incredible job and so something I

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Speaker 1: just want to make sure that I wanted to make

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Speaker 1: sure you're on the line. Dennis. How how would what

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Speaker 1: are you hearing? I mean, you are the president of

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Speaker 1: Better Markets, traditionally more aligned with progressive candidates, and I

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Speaker 1: want to get your take now for how you what

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Speaker 1: you think economic stimulus ought to look like as we

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Speaker 1: grapple with this crisis. Well, first, Kevin, thanks for having

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Speaker 1: me on, and I think you're right in talking about

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Speaker 1: the size and scope of this unprecedented national crisis. But

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Speaker 1: what we need to do is start thinking much bigger

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Speaker 1: and bolder than we have. Um. You know, most almost

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Speaker 1: all Americans live paycheck to paycheck, and most Americans, more

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Speaker 1: than seventy americans, have no significant savings. And that means

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Speaker 1: literally this week and next week, uh, tens of millions

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Speaker 1: of Americans are not going to get a paycheck, and

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Speaker 1: they're not going to have any money. That is a crisis,

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Speaker 1: and that is why the President and the leaders on

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Speaker 1: the hill are right. Just are thinking about getting cash

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Speaker 1: immediately to main street families. And there are a number

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Speaker 1: of ways to do that, but we need to start

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Speaker 1: thinking as just started today, of aid that starts with

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Speaker 1: a t. Last week, Um, you know, I published an

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Speaker 1: op ed in market Watch with proposing a one trillion

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Speaker 1: dollar plan and truthfully, by the time this is over,

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Speaker 1: it's going to be many multiples of a trillion dollars.

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Speaker 1: And our proposal is that you need to actually um

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Speaker 1: require any aid to any company or business in the

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Speaker 1: United States with that business actually continuing to pay the wages,

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Speaker 1: tips and benefits of all their workers until the crisis

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Speaker 1: is over. This is I want to This bears repeating.

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Speaker 1: So what Dennis kellerher president of Better Markets, which is

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Speaker 1: a nonprofit, independent organization working to build more sure financial

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Speaker 1: system for all Americans. This is candidly more progressive approach.

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Speaker 1: Just what and what he's saying is, look, you want

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Speaker 1: money from the government, keep paying your workers. Am I

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Speaker 1: simplifying this? Denis? That's right? And but importantly, the federal

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Speaker 1: government will reimburse all those payments, and the company who

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Speaker 1: does that has a no layoff policy pays all its

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Speaker 1: workers will also be eligible for other aids. But no

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Speaker 1: company that does not continue to pay its wages to

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Speaker 1: its workers or lays off workers in the middle of

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Speaker 1: this crisis will not be eligible for any other aid

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Speaker 1: So bailing out the airlines that don't have passengers to

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Speaker 1: save them from bankruptcy makes no sense. What do we

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Speaker 1: care if we've got a bunch of airlines that aren't bankrupt,

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Speaker 1: but the planes are sitting on the runways and nobody's

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Speaker 1: traveling because we're all quarantined. So bailing out the airlines

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Speaker 1: just for the sake of bailing them out makes no sense.

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Speaker 1: But sending them money that they then immediately dispersed to

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Speaker 1: all their workers so that their workers can eat. And

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Speaker 1: by the way, Kevin, very importantly, they can pay their

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Speaker 1: rent so the landlords don't go broke. They can pay

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Speaker 1: their mortgage, their credit card and other bills so that

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Speaker 1: the banks don't go broke. What we will have at

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Speaker 1: that point is is a functioning economic system, although people

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Speaker 1: won't be working. That's going to be a huge bill

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Speaker 1: for the federal government. But that's the only way, we're

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Speaker 1: going to be able to very quickly get enough money

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Speaker 1: into the hands of enough people who in literally days

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Speaker 1: are going to have no money, are going to be scared,

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Speaker 1: and there's going to be a panic in this country

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Speaker 1: like you've never seen before. Moody has just said that

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Speaker 1: nearly eighty million jobs are at high or moderate risk

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Speaker 1: right now. That's an unemployment rate of over fifty That

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Speaker 1: can't happen. But we also can't get money to the

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Speaker 1: people quick enough. You know, they talk about helicopter money,

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Speaker 1: sending checks that takes time. Every employer in this country

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Speaker 1: right now, right now, knows how to put money right

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Speaker 1: into the bank account of every one of their employees.

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Speaker 1: That's a hundred and fifty eight million Americans in total.

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Speaker 1: That's the way to do it. Dennis Kelleher is on

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Speaker 1: the line. He as president of Better Markets. Dennis, I

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Speaker 1: appreciate you coming on to break this down. I mean,

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Speaker 1: switching back over to Capitol Hill. You know, this this

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Speaker 1: stimulus that the administration's calling for. I don't want to

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Speaker 1: get too far into the weeds, but at the crux

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Speaker 1: of it, I mean, this will be a bipartisan stimulus.

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Speaker 1: Will get out, will it not? I believe in a

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Speaker 1: very big bipartisan stimulus will get out. The real concern

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Speaker 1: over is what the pieces of that stimulus is and

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Speaker 1: what would you say? What would you say as some

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Speaker 1: of the sticking points in general terms? Well, I think

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Speaker 1: you know, no strings bailouts of corporations not that different

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Speaker 1: than two thousand and eight when trillions of dollars were

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Speaker 1: sent to Wall Street with no conditions or terms, with

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Speaker 1: no transparency, oversight or accountability. And what happened? You know,

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Speaker 1: Main Street ends up with this horrible recession that we've

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Speaker 1: lived through for ten years. You have the Teeth Party

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Speaker 1: and Occupy Wall Street in reaction to it. But what

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Speaker 1: happened with that money and the county or two thousand nine,

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Speaker 1: Wall Street paid itself twenty two billion dollars in bonuses

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Speaker 1: after being bailed out with taxpayer money, and I think

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Speaker 1: everybody is That's what everybody's worried about happening this time.

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Speaker 1: So the concern is, if you're going to bail out

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Speaker 1: of corporation, you can't leave the workers and main Street

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Speaker 1: families behind. This has to be a main street bailout,

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Speaker 1: not a corporate bailout. Dennis, tell me something good in

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Speaker 1: the news tell me something optimistic. There's so much human

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Speaker 1: gloom right now. I think so. I think you know

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Speaker 1: the best, you know, the best news we've had in

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Speaker 1: a long time is the President actually appears to understand

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Speaker 1: the size and scope of the problem, has stopped blaming

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Speaker 1: democrat democrats and demagoguing, attacking the media. He actually is

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Speaker 1: letting Dr Fauci and others take the lead. That's the

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Speaker 1: best sign so far. The second best sign which happened

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Speaker 1: today is that the numbers the Hill Congress administration that

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Speaker 1: talking about for eight to Main Street is over a

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Speaker 1: trillion dollars. So they're finally getting serious about the size

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Speaker 1: and scope of the problem. And this clearly an urgency,

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Speaker 1: which should make everybody believe that they're going to get

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Speaker 1: a big bipartisan bill done and it's going to get

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Speaker 1: money into the hands of people very quickly. I think

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Speaker 1: there's very good, very good news coming out. Dennis. I

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Speaker 1: appreciate you coming on, Dennis Keller, her President the Better Markets,

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Speaker 1: do me a favorite checking with me in a couple

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Speaker 1: of days. All right, all right, that was Dennis kellaher.

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Speaker 1: I'm Kevin Sireli, chief Washington correspondent for Bloomberg Television, Bloomberg Radio,

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Speaker 1: and coming up, we're gonna check in with Maddie Douppler

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Speaker 1: for some more economic analysis on the markets. You're listening

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Speaker 1: to Bloomberg. You're listening to Bloomberg. Sound On with Kevin

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Speaker 1: Zeril on Bloomberg and one oh five point seven f

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Speaker 1: M h D two. I'm Kevin Sireli. She fashed and

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Speaker 1: correspondent for Bloomberg Television and Bloomberg Radio. It was another

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Speaker 1: while down Wall Street. UH stocks jump with Wall Streets

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Speaker 1: seeing crazy swings. Reading now from the Bloomberg terminal UH quote.

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Speaker 1: US stocks rebounded from the biggest routes since Night seven

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Speaker 1: as the US government stepped up et sepfort to offset

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Speaker 1: the financial damage caused by the coronavirus. Treasuries tumble the

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Speaker 1: SMP five hundred up almost six percent after trading in

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Speaker 1: the red earlier, continuing a streak of volatility last seen

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Speaker 1: during the Great Depression. The dal Jones industrial average meanwhile

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Speaker 1: notched a five point two percent gain. Mattie Doppler's on

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Speaker 1: the line front of the program. She, of course, is

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Speaker 1: senior fellow at the National Taxpayers Union, former Coalitions director

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Speaker 1: for the House Republican Conference. Maddie, First of all, thank

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Speaker 1: you so much for making time for us. How are

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Speaker 1: you doing? I am doing okay, Keb how are you?

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Speaker 1: You're in the studio today, so that is you're out.

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Speaker 1: You're about the rest of us. We're all hunkered down

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Speaker 1: at home. I was hunkered down all day. I worked

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Speaker 1: from home all day. I'm here tonight only because we

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Speaker 1: have strict, strict guidelines in uh here. Uh. No one

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Speaker 1: else is in the office except maybe two other people.

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Speaker 1: Because I've been to Bloomberg. You guys have it on lockdown.

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Speaker 1: I'm glad that you're safe and that we're able to

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Speaker 1: do the program. So I feel very safe here. Um. Okay,

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Speaker 1: So the markets, I mean, what did you notice today

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Speaker 1: with the markets, Maddie. Well, so let's take a step

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Speaker 1: back and look at the last two weeks. I think

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Speaker 1: it's obvious that the markets are sending at least one

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Speaker 1: clear signal, which is that FIS school policy is what's

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Speaker 1: needed here. You know, when we first started to get

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Speaker 1: the first reports of the virus outbreak in the United States,

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Speaker 1: the FED of course and being an emergency meeting and

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Speaker 1: did a slight cut on rapes. That was that was

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Speaker 1: a little bit of a surprise at the time, and

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Speaker 1: that actually didn't do much to stall markets. The following

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Speaker 1: day was when the House took up and passed its

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Speaker 1: first go at fiscal legislation, and that's what gave the

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Speaker 1: markets a little bit um of a bound. So I

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Speaker 1: think we're seeing that response again today. We, of course,

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Speaker 1: over the weekend saw another emergency cut from the fed

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Speaker 1: UH and some other monetary policy tools deployed. But it

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Speaker 1: wasn't until today when we had that press conference from

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Speaker 1: the President and the rest of the Coronavirus Task Force

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Speaker 1: where there was serious discussion not only a stimulus chest

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Speaker 1: but other measures that may go into effects helped blunt

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Speaker 1: the economic impact of this virus that we started to

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Speaker 1: see a market response. So I really think that when

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Speaker 1: not much else is clear, the one thing we do

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Speaker 1: know is the market is looking for a fiscal plan.

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Speaker 1: You cut out there, but you cut out there in

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Speaker 1: an important part. So where you cut out was when

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Speaker 1: you said not much else is clear. But the one

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Speaker 1: thing we know, so let's pick it up there. So yeah,

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Speaker 1: so the one thing that we do know is that

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Speaker 1: the market responds when we get some about of confidence

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Speaker 1: that a fiscal policy response is coming. And now, of

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Speaker 1: course the Senate is still working through the ches lenges

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Speaker 1: on the House bill. But the fact that the administration

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Speaker 1: has basically said that they want to see more efforts

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Speaker 1: that go beyond what we have in legislation right now

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Speaker 1: indicates that there will continue to be fiscal policy that

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Speaker 1: comes out to blunt the economic impact of the virus. Maddie,

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Speaker 1: as you look through, you know all of this volatility,

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Speaker 1: has any certainty emerged economically speaking? Well, I think that

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Speaker 1: the one thing to keep in mind, uh. And this

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Speaker 1: is something that fed Herman J. Powell reiterated during the

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Speaker 1: conference call on Sunday, is that we are entering this

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Speaker 1: challenge from a point of strength all. And I don't

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Speaker 1: say that to be Pollyanna pollyanna ish. I say it

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Speaker 1: to allow for some acknowledgement that we have the fiscal

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Speaker 1: space to make the responses here that will help keep

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Speaker 1: this this unprecedented UH circumstance from becoming a blown out

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Speaker 1: long term economic malaise. Uh. You know, before we entered

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Speaker 1: the real impact of the virus, we saw really strong

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Speaker 1: labor market data. We saw new housing starts rising, the

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Speaker 1: services sector was expanding, all of that is to say,

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Speaker 1: is that we have the fundamentals in place, we need

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Speaker 1: to have an efficient and clear policy response to make

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Speaker 1: sure that we can return to those fundamentals and to

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Speaker 1: that ecosystem once we have this exogenous affentive effect of

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Speaker 1: the virus under control. And and I think that it

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Speaker 1: also bears repeating that this is first and foremost a

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Speaker 1: public health problem. We need to have a public health

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Speaker 1: response that then has an economic response that is meant

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Speaker 1: to really try to keep some of those effects you know,

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Speaker 1: at day to best that they can, and to really

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Speaker 1: diminish the effects, particularly the most vulnerable population. You know, Maddie,

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Speaker 1: I think what you just said is so smart. And

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Speaker 1: we just had Dennis kellerher on and I talked to

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Speaker 1: Dennis for years in this town, and every time you

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Speaker 1: wanted to get the pulse of progressive policies and what

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Speaker 1: progressive ideas are, I go to that tell her every

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Speaker 1: reporter in town knows that. And you know, for him

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Speaker 1: to come on air tonight and to say that he

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Speaker 1: thinks President Trump gets it in the shift of tone,

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Speaker 1: that's a big, big deal. And I'm curious, I mean,

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Speaker 1: and I'm not saying that to be partisan, because I mean,

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Speaker 1: I I talked to Democrats who are you know, I

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Speaker 1: was talking to you know, Mark Warner's office, Christ Coon's

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Speaker 1: office today and they also are saying everyone that I'm

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Speaker 1: talking to Maddie is talking from the same playbook, and

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Speaker 1: you know, and and now it just feels like they're

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Speaker 1: dotting their eyes and crossing their teas. And time is

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Speaker 1: of the essence. I mean, Lord knows, time is of

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Speaker 1: the essence to get relief to two people who need it, uh, yesterday. Uh.

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Speaker 1: But I mean, are you hearing what I'm hearing That

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Speaker 1: the folks are, for the most part, on the same

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Speaker 1: page on this. They get it. I think so. And

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Speaker 1: I think that I think something that Senator Ruby, I

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Speaker 1: believe said was really important, which is that we don't

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Speaker 1: have all the time in the world here. This isn't

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Speaker 1: like normal circumstances where we can call Congress back in

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Speaker 1: and they can continue to think agociate bills. Congress is

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Speaker 1: a large body, driven by hundreds of people that are

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Speaker 1: staff these members, and we can't have them all working

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Speaker 1: while we're trying to contain a contain of public health problem.

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Speaker 1: So I think that there's a recognition that these circumstances

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Speaker 1: require exigency in a way that we haven't really experienced before.

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Speaker 1: And I will say this crystallization around the notion that

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Speaker 1: we need to get money out the door in terms

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Speaker 1: of stimulus checks is very interesting from a policy perspective.

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Speaker 1: You see conservatives, Republicans, progressives, democrats kind of all talking

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Speaker 1: about that being a necessary element of any kind of

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Speaker 1: recovery package going forward. I hope there is also an

430
00:23:37,000 --> 00:23:40,199
Speaker 1: element of understanding that there are more or lasticities that

431
00:23:40,280 --> 00:23:43,200
Speaker 1: we need to be aware of in the economy, meaning

432
00:23:43,280 --> 00:23:47,240
Speaker 1: that businesses need support. We need liquidity for businesses who

433
00:23:47,240 --> 00:23:49,560
Speaker 1: are having cash flow problems. I would keep an eye

434
00:23:49,560 --> 00:23:52,320
Speaker 1: on this announcement from Treasury that they're going to delay

435
00:23:52,359 --> 00:23:55,360
Speaker 1: tax payments. That certainly will be helpful, but we need more.

436
00:23:55,480 --> 00:23:57,880
Speaker 1: We need certainly some kind of social insurance for people

437
00:23:57,920 --> 00:23:59,360
Speaker 1: who don't know if they're going to have a job

438
00:23:59,400 --> 00:24:01,920
Speaker 1: in a week if they can't show up, and absolutely

439
00:24:01,920 --> 00:24:04,399
Speaker 1: if people are sick, we need some kind of assurances

440
00:24:04,440 --> 00:24:05,960
Speaker 1: for them that they can't go to work so we

441
00:24:06,000 --> 00:24:08,880
Speaker 1: can continue to get this public health problem under control. Maddie,

442
00:24:08,880 --> 00:24:11,200
Speaker 1: tell me something good, tell me some good news. I'm

443
00:24:11,200 --> 00:24:13,840
Speaker 1: asking every guest. I'm gonna ask you that because every

444
00:24:13,880 --> 00:24:16,400
Speaker 1: segment I'm not doing this doom and gloom show every

445
00:24:16,480 --> 00:24:19,679
Speaker 1: day for the next you know, hopefully you know, at

446
00:24:19,760 --> 00:24:21,760
Speaker 1: least the next fifteen days. I'm not doing it. I

447
00:24:21,800 --> 00:24:24,040
Speaker 1: need I need some positivity. We all need some positivity

448
00:24:24,040 --> 00:24:26,960
Speaker 1: because you click on those those social media feeds that

449
00:24:26,960 --> 00:24:28,480
Speaker 1: will drown you out. I had to turn it off.

450
00:24:29,080 --> 00:24:31,760
Speaker 1: I totally agree with you coming and so tell me

451
00:24:31,800 --> 00:24:34,720
Speaker 1: something good. What did you see that's good, Maddie. Well,

452
00:24:34,760 --> 00:24:36,240
Speaker 1: here's the mind. God, let me just say what I'm

453
00:24:36,280 --> 00:24:39,320
Speaker 1: doing that's helping my mood. I am putting on my

454
00:24:39,440 --> 00:24:42,920
Speaker 1: running playlist while I'm working, So it's like pump up music.

455
00:24:43,200 --> 00:24:46,320
Speaker 1: It's like feel good gets the blood pumping good while

456
00:24:46,320 --> 00:24:49,960
Speaker 1: I'm writing about this keeps me focus. I encourage everyone

457
00:24:49,960 --> 00:24:51,760
Speaker 1: to get some good playlists and that will help a

458
00:24:51,760 --> 00:24:54,040
Speaker 1: little bit. Well, what else I mean? Come on, I

459
00:24:54,080 --> 00:24:56,760
Speaker 1: saw I just saw something that in Paris, France. This

460
00:24:56,800 --> 00:25:01,119
Speaker 1: is something on Twitter that they're they're doing, um butchering

461
00:25:01,200 --> 00:25:03,800
Speaker 1: this words, but they're doing something with their lights to

462
00:25:03,920 --> 00:25:06,840
Speaker 1: acknowledge and recognize all of the medical workers who are

463
00:25:06,840 --> 00:25:08,879
Speaker 1: on the front lines of this. Oh. I love that

464
00:25:09,640 --> 00:25:11,639
Speaker 1: I love that was so listen, Like we've heard a

465
00:25:11,640 --> 00:25:13,639
Speaker 1: lot about this. I live in d C. DC is

466
00:25:13,640 --> 00:25:16,639
Speaker 1: a great community. We get crap from everyone, right, but

467
00:25:16,720 --> 00:25:18,840
Speaker 1: DC is a great community. So if we're doing all

468
00:25:18,840 --> 00:25:21,160
Speaker 1: the stuff that everyone's talking about, trying to order gift

469
00:25:21,160 --> 00:25:23,280
Speaker 1: cards from our favorite local businesses so they can get

470
00:25:23,280 --> 00:25:25,840
Speaker 1: a little bit more cash flow going, trying to like

471
00:25:25,920 --> 00:25:27,960
Speaker 1: just get up sign and kind of walk around the neighborhood,

472
00:25:28,000 --> 00:25:30,199
Speaker 1: like keep a respectful different distance, but still say hi

473
00:25:30,320 --> 00:25:33,480
Speaker 1: to your neighbors. Like just that acknowledgement that we're all

474
00:25:33,520 --> 00:25:36,200
Speaker 1: in this together, I think is so helpful for your

475
00:25:36,200 --> 00:25:39,760
Speaker 1: own mental wellness. Um, and you know, just making sure

476
00:25:39,840 --> 00:25:41,760
Speaker 1: that like you're staying connected to the other things in

477
00:25:41,760 --> 00:25:43,800
Speaker 1: your life, Like our lives are not just the news.

478
00:25:43,800 --> 00:25:45,800
Speaker 1: Like this news is going to continue to come out.

479
00:25:45,880 --> 00:25:48,199
Speaker 1: It's really important to stay in form. But like you

480
00:25:48,280 --> 00:25:51,680
Speaker 1: don't have to have the TV on seven to be informed,

481
00:25:51,720 --> 00:25:53,080
Speaker 1: So like you don't have to have you you know

482
00:25:53,080 --> 00:25:55,359
Speaker 1: what I said this, I think I've said this. I'm

483
00:25:55,359 --> 00:25:58,119
Speaker 1: not going to tell people in my family. I said,

484
00:25:58,240 --> 00:26:01,720
Speaker 1: get off of social media for the just get off

485
00:26:01,760 --> 00:26:03,800
Speaker 1: of it tonight. Put on something. Just get off of

486
00:26:03,880 --> 00:26:08,000
Speaker 1: social media. Go to the CDC dot gov. Maddie, stay

487
00:26:08,080 --> 00:26:11,119
Speaker 1: with us, Stay with us, Stay on the line, Maddie,

488
00:26:11,119 --> 00:26:12,840
Speaker 1: because we have another segment and we're going to talk

489
00:26:12,840 --> 00:26:16,639
Speaker 1: more about the political ramifications of this coming up, as

490
00:26:16,680 --> 00:26:18,520
Speaker 1: the d n C just put out a new statement

491
00:26:18,720 --> 00:26:21,959
Speaker 1: in terms of political voting guidelines. Maddie Doppler stays, I'm

492
00:26:22,000 --> 00:26:24,720
Speaker 1: Kevin Sireli, chief Washington correspondent from Bloomberg TV and Radio,

493
00:26:25,040 --> 00:26:37,560
Speaker 1: and you're listening to Bloomberg. You're listening to Bloomberg Sound

494
00:26:37,600 --> 00:26:41,600
Speaker 1: On with Kevin Curley on Bloomberg and one oh five

495
00:26:41,640 --> 00:26:44,680
Speaker 1: point seven f M h D two. I'm Kevin Sireli,

496
00:26:44,760 --> 00:26:48,440
Speaker 1: chief Washington correspondent for Bloomberg Television of Bloomberg Radio. Look,

497
00:26:48,480 --> 00:26:52,240
Speaker 1: I I say this, you know, turn on Bloomberg Television

498
00:26:52,320 --> 00:26:54,280
Speaker 1: if you're working from home. I mean, I just want

499
00:26:54,280 --> 00:26:57,879
Speaker 1: to give kudos to all of my colleagues. Uh, you know,

500
00:26:57,920 --> 00:27:01,160
Speaker 1: I'm I'm biased. I think bloomber it's a great news source.

501
00:27:01,200 --> 00:27:03,600
Speaker 1: And you turn on Bloomberg TV and they're covering this

502
00:27:03,640 --> 00:27:06,280
Speaker 1: from around the world. So if you want firsthand reports

503
00:27:06,320 --> 00:27:08,680
Speaker 1: on how China grappled with this, on how countries around

504
00:27:08,680 --> 00:27:11,280
Speaker 1: the world grappled with this on how Europe s grappling

505
00:27:11,280 --> 00:27:13,920
Speaker 1: with this, and plus real updates on the supply chain.

506
00:27:14,400 --> 00:27:17,080
Speaker 1: You know, I'm looking at a story on Bloomberg right

507
00:27:17,119 --> 00:27:20,760
Speaker 1: now that's literally going headfirst into how China is using

508
00:27:20,800 --> 00:27:24,680
Speaker 1: drones and their strategy to drop off thermometers. So, I mean,

509
00:27:24,720 --> 00:27:27,720
Speaker 1: that's the type of stuff quite frankly, I'm gonna to

510
00:27:27,880 --> 00:27:30,320
Speaker 1: Bloomberg TV's horn. I mean, they're doing a great job.

511
00:27:30,480 --> 00:27:33,040
Speaker 1: Mattie Doubler's on the line. She's a good friend of mine,

512
00:27:33,040 --> 00:27:35,000
Speaker 1: a good friend of the program, and she, of course

513
00:27:35,480 --> 00:27:38,400
Speaker 1: is uh the senior fellow at the National Taxpayers Union.

514
00:27:38,440 --> 00:27:41,879
Speaker 1: We were talking earlier about the market implications. Earlier in

515
00:27:41,880 --> 00:27:44,359
Speaker 1: the program, we talked about the economic implications, but we

516
00:27:44,440 --> 00:27:46,680
Speaker 1: got to talk about the political ramifications because there are

517
00:27:46,720 --> 00:27:50,400
Speaker 1: elections tonight and the DNC. I'm going to read from

518
00:27:51,280 --> 00:27:55,200
Speaker 1: Alexander Draffee and Will Weisert's reporting on the Associated Press

519
00:27:55,240 --> 00:27:59,359
Speaker 1: dot com. Uh. The new coronavirus kept some voters and

520
00:27:59,400 --> 00:28:02,040
Speaker 1: poll workers at home and hampered efforts to open some

521
00:28:02,119 --> 00:28:06,000
Speaker 1: polling sites on Tuesday at three states that held that

522
00:28:06,080 --> 00:28:10,439
Speaker 1: held Democratic presidential primary contests amid the global camp pandemic.

523
00:28:10,680 --> 00:28:13,920
Speaker 1: Ohio called off their primary just hours before the polls

524
00:28:13,920 --> 00:28:16,400
Speaker 1: were going to open. I mean, thankfully they did. You've

525
00:28:16,400 --> 00:28:21,479
Speaker 1: got Ohio canceled and then uh. And it was so

526
00:28:21,600 --> 00:28:24,720
Speaker 1: unprecedented that d n C Committee chirman Tom Perez urged

527
00:28:24,760 --> 00:28:28,600
Speaker 1: states to expand vote by mail and absentee balloting and

528
00:28:28,600 --> 00:28:31,320
Speaker 1: polling station hours in an effort to keep the coronavirus

529
00:28:31,400 --> 00:28:37,480
Speaker 1: from further disrupting the party's presidential nominating process. Maddie, I,

530
00:28:37,240 --> 00:28:39,200
Speaker 1: I'm not gonna I don't want to put on our

531
00:28:39,280 --> 00:28:43,520
Speaker 1: normal political punditry segment cap. But what I do want

532
00:28:43,520 --> 00:28:45,240
Speaker 1: to ask is, I mean these are serious, what these

533
00:28:45,240 --> 00:28:48,760
Speaker 1: are democratic with a lowercase D questions that we're all

534
00:28:48,800 --> 00:28:52,080
Speaker 1: trying to face now about what this pandemic means in

535
00:28:52,120 --> 00:28:55,360
Speaker 1: a presidential and down ballot race election. Here, Maddie helped

536
00:28:55,360 --> 00:28:58,680
Speaker 1: me make sense of this. Well, So for one, I

537
00:28:58,720 --> 00:29:01,360
Speaker 1: want to start off just are all of your listeners

538
00:29:01,880 --> 00:29:05,080
Speaker 1: understanding we do have a state that does all mail

539
00:29:05,120 --> 00:29:07,920
Speaker 1: in balloting. If Washington State like this is how they

540
00:29:08,000 --> 00:29:11,320
Speaker 1: run their elections, regardless of what's going on the country,

541
00:29:11,360 --> 00:29:14,440
Speaker 1: it's always mail in voting there. So there's a template

542
00:29:14,880 --> 00:29:16,800
Speaker 1: for how we could do this. Now, the question is,

543
00:29:16,840 --> 00:29:20,360
Speaker 1: of course, changing midstream. That's a whole different question. Right

544
00:29:20,360 --> 00:29:22,920
Speaker 1: when you especially something like in Ohio where you have

545
00:29:24,160 --> 00:29:27,120
Speaker 1: officials saying the day before that they're going to cancel voting,

546
00:29:28,160 --> 00:29:31,880
Speaker 1: the question is how do you change these kinds of

547
00:29:31,880 --> 00:29:35,040
Speaker 1: protocols UM in states that aren't used to that. Now

548
00:29:35,080 --> 00:29:38,280
Speaker 1: we have seen in some states an uptick in mail

549
00:29:38,400 --> 00:29:42,400
Speaker 1: in voting, uh that have that ability, But to go

550
00:29:42,760 --> 00:29:45,280
Speaker 1: entirely to mail in voting, that requires you, of course,

551
00:29:45,280 --> 00:29:47,680
Speaker 1: the mail belts else everyone to get those done in time.

552
00:29:47,720 --> 00:29:49,280
Speaker 1: I'm not sure that states are equipped to do that.

553
00:29:49,320 --> 00:29:52,120
Speaker 1: Tom Paras did seem to indicate he thought states had

554
00:29:52,120 --> 00:29:55,800
Speaker 1: the capable of the capabilities to implement that UM. But

555
00:29:55,920 --> 00:29:58,640
Speaker 1: in populations, particularly in populations that aren't used to this,

556
00:29:58,760 --> 00:30:01,720
Speaker 1: then you you have to worry about the folks who

557
00:30:02,080 --> 00:30:05,040
Speaker 1: you know aren't watching the news, people who don't have

558
00:30:05,120 --> 00:30:07,440
Speaker 1: that information. You don't want them to miss the opportunity

559
00:30:07,480 --> 00:30:10,160
Speaker 1: to vote, because obviously, if the impact of the virus

560
00:30:10,240 --> 00:30:13,280
Speaker 1: is that people are disenfranchised, then we have another crisis

561
00:30:13,280 --> 00:30:15,040
Speaker 1: on our hands, which is a political one on top

562
00:30:15,080 --> 00:30:18,400
Speaker 1: of the public health and the financial one. So Illinois, Arizona,

563
00:30:18,440 --> 00:30:24,000
Speaker 1: and Florida they're having primaries today. I don't I truthfully,

564
00:30:25,280 --> 00:30:27,400
Speaker 1: I don't think this is I don't know how how

565
00:30:27,440 --> 00:30:32,280
Speaker 1: are they justifying holding these contests. Yeah, the question is,

566
00:30:32,320 --> 00:30:37,360
Speaker 1: you know, because the Ohio governor had had issued this

567
00:30:37,400 --> 00:30:40,320
Speaker 1: statement and then essentially tried to sue in front of

568
00:30:40,360 --> 00:30:42,640
Speaker 1: the court and that he's that he he needed that

569
00:30:42,880 --> 00:30:45,320
Speaker 1: UM that license in order to move forward, and the

570
00:30:45,320 --> 00:30:47,480
Speaker 1: court said, like, this isn't enough time. You need to

571
00:30:47,640 --> 00:30:50,800
Speaker 1: make these decisions ahead of time. I think acknowledging the

572
00:30:50,880 --> 00:30:53,600
Speaker 1: challenge here and the tension, which is that we want

573
00:30:53,760 --> 00:30:57,800
Speaker 1: voting to be as free and open and accessible as possible.

574
00:30:58,600 --> 00:31:01,600
Speaker 1: But I would argue that in the throes of the

575
00:31:01,640 --> 00:31:05,520
Speaker 1: pandemic that we're facing right now, that environment doesn't exist.

576
00:31:05,560 --> 00:31:08,000
Speaker 1: It isn't open and accessible for people to vote. So

577
00:31:08,080 --> 00:31:10,280
Speaker 1: I think that the responsible thing to do for states

578
00:31:10,320 --> 00:31:13,280
Speaker 1: that have primaries looming is thoroughly to delay UM. But

579
00:31:13,440 --> 00:31:17,360
Speaker 1: that does raise a question. You know, For one, there

580
00:31:17,400 --> 00:31:20,400
Speaker 1: are important ballot measures that are being voted out in

581
00:31:20,440 --> 00:31:23,000
Speaker 1: these states. You need to make sure that those are

582
00:31:23,480 --> 00:31:26,440
Speaker 1: uh still getting their due. But obviously, when it comes

583
00:31:26,480 --> 00:31:33,000
Speaker 1: to democratic primary uh, this has been a dynamic process.

584
00:31:33,120 --> 00:31:36,160
Speaker 1: You know, we've gone from twenty four people running the

585
00:31:36,160 --> 00:31:40,000
Speaker 1: Democratic primary down to two. Uh. And I think there's

586
00:31:40,000 --> 00:31:42,800
Speaker 1: an argument to be mad and we made that when

587
00:31:42,800 --> 00:31:45,920
Speaker 1: you have this kind of event and nurse is going

588
00:31:45,920 --> 00:31:49,680
Speaker 1: to be interrupted, and that will create problems for the

589
00:31:49,760 --> 00:31:52,720
Speaker 1: front runner. Now because the delegate count, is there enough

590
00:31:53,560 --> 00:31:57,680
Speaker 1: tension there that that really derails Vice President Biden? Dance

591
00:31:57,760 --> 00:32:00,320
Speaker 1: isn't getting any said? Probably not? But you know at all,

592
00:32:00,600 --> 00:32:04,000
Speaker 1: you know, I just to me, I don't. I don't

593
00:32:04,000 --> 00:32:07,840
Speaker 1: think any American can understand in the middle of a

594
00:32:07,920 --> 00:32:12,560
Speaker 1: global pandemic, why you wouldn't postpone your primary. I mean

595
00:32:12,760 --> 00:32:16,680
Speaker 1: that that to me doesn't pass the basic common sense

596
00:32:16,800 --> 00:32:20,000
Speaker 1: test when we're all in this together. I mean, I

597
00:32:20,000 --> 00:32:23,880
Speaker 1: mean I don't understand that. And and quite honestly, I

598
00:32:23,920 --> 00:32:27,440
Speaker 1: mean like delay it. I can't wrap my head around

599
00:32:27,560 --> 00:32:31,040
Speaker 1: Maddie Well and think about where people vote to the

600
00:32:31,160 --> 00:32:34,160
Speaker 1: normally vote in school, sometimes they vote in nursing homes.

601
00:32:34,200 --> 00:32:36,320
Speaker 1: I mean, they vote in these places where we've already

602
00:32:36,360 --> 00:32:39,240
Speaker 1: said that it's not safe. It's not safe to congress here,

603
00:32:39,240 --> 00:32:41,200
Speaker 1: it's not safe to have the populations who are there

604
00:32:41,480 --> 00:32:44,600
Speaker 1: to be there in large groups. So it certainly defies logic.

605
00:32:44,680 --> 00:32:47,640
Speaker 1: To have to send more people to those places. But

606
00:32:47,920 --> 00:32:51,960
Speaker 1: you know, I am very sympathetic to the tension here,

607
00:32:52,120 --> 00:32:55,000
Speaker 1: which is that when you're the head of the party,

608
00:32:55,360 --> 00:32:58,440
Speaker 1: you don't want to be seen as interfering. And I

609
00:32:58,520 --> 00:33:01,760
Speaker 1: know that. Again, I'm a I'm a former Republican aide.

610
00:33:01,760 --> 00:33:03,760
Speaker 1: That's the side of the aist and I'm on. I

611
00:33:03,840 --> 00:33:07,280
Speaker 1: know Democrats and progressives have had their own tensions about

612
00:33:07,320 --> 00:33:10,000
Speaker 1: whether or not the party has interacted in the way

613
00:33:10,040 --> 00:33:12,680
Speaker 1: that they think is most equitable. But this is a

614
00:33:12,760 --> 00:33:15,600
Speaker 1: really hard decision to make. I do think delay, certainly

615
00:33:15,920 --> 00:33:17,440
Speaker 1: is not a hard decision to make. I think the

616
00:33:17,520 --> 00:33:19,960
Speaker 1: question is how you get people to vote, and when

617
00:33:20,000 --> 00:33:22,280
Speaker 1: you do that, that's a little more challenge. Well, Governor

618
00:33:22,400 --> 00:33:27,120
Speaker 1: Larry Hogan, Governor Larry Hogan of Maryland, he's he's postponed

619
00:33:27,480 --> 00:33:31,400
Speaker 1: the primary until June two. It was originally gonna be

620
00:33:31,480 --> 00:33:36,120
Speaker 1: on April. I mean Governor Hogan making the you know,

621
00:33:36,120 --> 00:33:37,800
Speaker 1: it's saying, hey, we're gonna get out in front of this,

622
00:33:38,080 --> 00:33:39,960
Speaker 1: and we're gonna say it's not gonna be until June.

623
00:33:40,320 --> 00:33:42,000
Speaker 1: You know, I mean that in and of itself. I

624
00:33:42,000 --> 00:33:44,160
Speaker 1: think just getting out in front of it. So Governor

625
00:33:44,160 --> 00:33:47,680
Speaker 1: Hogan's allaying the of Maryland delaying the presidential primary until

626
00:33:47,720 --> 00:33:50,120
Speaker 1: June two. I do want to give a vaccination update.

627
00:33:50,200 --> 00:33:53,560
Speaker 1: Fightser and bio en Tech have announced a joint development

628
00:33:53,560 --> 00:33:57,320
Speaker 1: of the potential COVID nineteen vaccine. Reading from tech Crunch,

629
00:33:57,920 --> 00:34:00,720
Speaker 1: Pharmer Giant, Fightser announced on TUESDA Day that it's working

630
00:34:00,720 --> 00:34:04,080
Speaker 1: with bio Enzech and German company working on new kinds

631
00:34:04,080 --> 00:34:07,680
Speaker 1: of immuno therapy treatments on a potential COVID nineteen vaccine.

632
00:34:08,000 --> 00:34:11,120
Speaker 1: So the Americans and the Germans working together on a vaccine.

633
00:34:11,160 --> 00:34:14,560
Speaker 1: Yesterday we followed up on that reporting, uh that the

634
00:34:14,680 --> 00:34:18,200
Speaker 1: first vaccine, the COVID nineteen vaccines and clinical trials already

635
00:34:18,239 --> 00:34:22,759
Speaker 1: they're testing on humans already out in uh Seattle. Uh

636
00:34:23,000 --> 00:34:24,440
Speaker 1: and I you know if you read the I don't

637
00:34:24,440 --> 00:34:27,400
Speaker 1: know if you saw this with the Associated Press pulled.

638
00:34:27,400 --> 00:34:29,239
Speaker 1: One of the people that they they've tested on is

639
00:34:29,280 --> 00:34:32,960
Speaker 1: a forty three year old and she has uh some

640
00:34:33,040 --> 00:34:35,839
Speaker 1: teenage kids and they think that she's a rock star. Mom.

641
00:34:36,400 --> 00:34:41,480
Speaker 1: Uh testing for testing on the vaccine very quickly. Uh,

642
00:34:41,640 --> 00:34:43,520
Speaker 1: give me some more good news, Maddie. We gotta end

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Speaker 1: on an upbeating note. So what's on your radar, what's

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00:34:45,400 --> 00:34:49,879
Speaker 1: on your good news radar? Good news radar. Well, let's see,

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00:34:49,920 --> 00:34:51,799
Speaker 1: we're going into a tax season where you might have

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00:34:51,800 --> 00:34:53,880
Speaker 1: a delay being able to file your taxes for a

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00:34:53,920 --> 00:34:56,320
Speaker 1: lot of people, that's really good news, but not a hammer.

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00:34:56,320 --> 00:34:58,400
Speaker 1: Everything looks like a nail, right. I love tax policy.

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00:34:58,520 --> 00:35:00,560
Speaker 1: That's definitely good news for people who haven't filed their

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00:35:00,640 --> 00:35:03,160
Speaker 1: taxes yet. But listen, it's a beautiful day here in DC.

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00:35:03,400 --> 00:35:05,000
Speaker 1: One thing you can do is you can go out,

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00:35:05,040 --> 00:35:07,120
Speaker 1: you can take a walk, you can get some fresh air.

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00:35:07,400 --> 00:35:10,040
Speaker 1: I just want everyone to remember that you have the

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00:35:10,120 --> 00:35:13,440
Speaker 1: opportunity and the power to like just take a moment

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00:35:13,440 --> 00:35:15,840
Speaker 1: for yourself, like if that nothing else, take one moment,

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00:35:15,920 --> 00:35:18,120
Speaker 1: take a couple of deep breaths. We're all gonna get

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00:35:18,120 --> 00:35:20,759
Speaker 1: through this together. And absolutely a shout out to the

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00:35:20,800 --> 00:35:23,279
Speaker 1: public health workers and all of the other people who

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00:35:23,320 --> 00:35:25,120
Speaker 1: are working in public health right now. I mean that

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00:35:25,280 --> 00:35:27,200
Speaker 1: this is an incredible time to be a part of

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00:35:27,200 --> 00:35:29,600
Speaker 1: that effort, and we are supporting you, and we're grateful

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00:35:29,840 --> 00:35:32,080
Speaker 1: for your sacrifice and for your efforts there and lost

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00:35:32,120 --> 00:35:35,279
Speaker 1: in all of this, It's St. Patrick's Day, It's St.

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00:35:35,280 --> 00:35:38,160
Speaker 1: Patrick's St Patrick's said, help me say something else. Tom

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00:35:38,200 --> 00:35:40,440
Speaker 1: Brady's leaving the Patriots. So there's good news for the

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00:35:40,480 --> 00:35:42,920
Speaker 1: fault because you know what, when the NFL starts playing again,

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00:35:43,200 --> 00:35:46,880
Speaker 1: Brady's gone from Belichick. I'm Kevin SI really. Chief Washington

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00:35:46,880 --> 00:35:49,760
Speaker 1: corresponded for Bloomberg Television of Bloomberg Radio. Hey, we're gonna

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00:35:49,760 --> 00:35:52,640
Speaker 1: get through this. Keep on, keeping on. You're listening to Bloomberg.

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00:36:00,560 --> 00:36:02,320
Speaker 1: The apective affective, the