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WELL OFF THE SESSION FROM THE CORONAVIRUS IN THE U.S.
CORONAVIRUS IN THE U.S. ALL THREE OF THE MAJOR AVERAGES
ALL THREE OF THE MAJOR AVERAGES DID AND THE WEEK HIGHER.
DID AND THE WEEK HIGHER. THE PRESIDENT APPEARS THE CDC
THE PRESIDENT APPEARS THE CDC OFFICIALS IN THE WHITE HOUSE HAS
OFFICIALS IN THE WHITE HOUSE HAS DIFFERENT WAYS TO PROMPT UP THE
DIFFERENT WAYS TO PROMPT UP THE COMPANY, AMID THE OUTBREAK.
COMPANY, AMID THE OUTBREAK. LET’S GET TO BLAKE AT THE WHITE
LET’S GET TO BLAKE AT THE WHITE HOUSE.
HOUSE. THE MAYOR OF AUSTIN, TEXAS HAS
THE MAYOR OF AUSTIN, TEXAS HAS ANNOUNCED THE SOUTHWEST MUSIC
ANNOUNCED THE SOUTHWEST MUSIC AND ENTERTAINMENT FESTIVAL HAS
AND ENTERTAINMENT FESTIVAL HAS OFFICIALLY BEEN CANCELED.
OFFICIALLY BEEN CANCELED. THE LATEST MAJOR EVENT, WHAT ARE
THE LATEST MAJOR EVENT, WHAT ARE YOU HEARING FROM THE
YOU HEARING FROM THE ADMINISTRATION ON HOW TO EXTEND
ADMINISTRATION ON HOW TO EXTEND THE BEER AND BOOST THE ECONOMY
THE BEER AND BOOST THE ECONOMY AT THE SAME TIME?
AT THE SAME TIME? >> NOT ONLY BY SOUTH AND
>> NOT ONLY BY SOUTH AND SOUTHWEST, SOME THINK YOU’VE
SOUTHWEST, SOME THINK YOU’VE BEEN FOLLOWING MOVE OVER TO
BEEN FOLLOWING MOVE OVER TO MIAMI, FLORIDA AS WELL IN THE
MIAMI, FLORIDA AS WELL IN THE ANNOUNCEMENT THAT CAME OUT OF
ANNOUNCEMENT THAT CAME OUT OF MIAMI-DADE COUNTY TODAY.
MIAMI-DADE COUNTY TODAY. THE MUSIC FESTIVAL, A MASSIVE
THE MUSIC FESTIVAL, A MASSIVE FESTIVAL SET TO TAKE PLACE THERE
FESTIVAL SET TO TAKE PLACE THERE IN A FEW WEEKS.
IN A FEW WEEKS. CANCELED.
CANCELED. ACUTE STREET FESTIVAL IN THE
ACUTE STREET FESTIVAL IN THE HEART OF MIAMI DOWN EIGHTH
HEART OF MIAMI DOWN EIGHTH STREET.
STREET. YOU START SEEING ALL OF THESE
YOU START SEEING ALL OF THESE BIG EVENTS FROM A DIFFERENT PART
BIG EVENTS FROM A DIFFERENT PART OF THE COUNTRY AND YOU HAVE TO
OF THE COUNTRY AND YOU HAVE TO WONDER WHAT THIS MEANS FOR
WONDER WHAT THIS MEANS FOR REVENUES IN THESE AREAS, WHAT IT
REVENUES IN THESE AREAS, WHAT IT MEANS FOR GROWTH, ECONOMIC
MEANS FOR GROWTH, ECONOMIC GROWTH IN THE AREAS AND REALLY,
GROWTH IN THE AREAS AND REALLY, GROWTH ALL THROUGHOUT THE
GROWTH ALL THROUGHOUT THE COUNTRY.
COUNTRY. IT’S WHITE AND PART, WE HEARD
IT’S WHITE AND PART, WE HEARD FROM HIS WHITE HOUSE TODAY THAT
FROM HIS WHITE HOUSE TODAY THAT THEY ARE INDEED MOWING ECONOMIC
THEY ARE INDEED MOWING ECONOMIC STIMULUS, I DON’T KNOW IF YOU
STIMULUS, I DON’T KNOW IF YOU WANT TO CALL IT ECONOMIC
WANT TO CALL IT ECONOMIC STIMULUS PACKAGE, THE MEASURES
STIMULUS PACKAGE, THE MEASURES THAT THEY MIGHT POTENTIALLY ROLL
THAT THEY MIGHT POTENTIALLY ROLL OUT HERE IN THE NEAR FUTURE.
OUT HERE IN THE NEAR FUTURE. LARRY KUDLOW TODAY ON MULTIPLE
LARRY KUDLOW TODAY ON MULTIPLE OCCASIONS SAID THIS WOULD BE
OCCASIONS SAID THIS WOULD BE SOME SORT OF MASSIVE BAILOUT TO
SOME SORT OF MASSIVE BAILOUT TO THE TUNE OF HUNDREDS OF BILLIONS
THE TUNE OF HUNDREDS OF BILLIONS OF DOLLARS.
OF DOLLARS. INSTEAD, HE SAID IT WOULD BE
INSTEAD, HE SAID IT WOULD BE TIMELY AND THIS WOULD BE
TIMELY AND THIS WOULD BE TARGETED SHOULD THEY GO DOWN
TARGETED SHOULD THEY GO DOWN THIS ROAD.
THIS ROAD. THAT WAS KUDLOW TALKING ABOUT
THAT WAS KUDLOW TALKING ABOUT THAT POSSIBILITY EARLIER TODAY.
THAT POSSIBILITY EARLIER TODAY. >> PEOPLE MAY BE STRANDED AT
>> PEOPLE MAY BE STRANDED AT HOME AND WILL LOSE PAY, WANT TO
HOME AND WILL LOSE PAY, WANT TO HELP THEM, SMALL BUSINESSES AND
HELP THEM, SMALL BUSINESSES AND CERTAIN AREAS, GEOGRAPHICAL
CERTAIN AREAS, GEOGRAPHICAL AREAS IN CERTAIN SECTORS, WE MAY
AREAS IN CERTAIN SECTORS, WE MAY WISH TO HELP THEM WITH CASH
WISH TO HELP THEM WITH CASH FLOW.
FLOW. SOME SECTORS MIGHT NEED
SOME SECTORS MIGHT NEED TEMPORARY ASSISTANCE, A NUMBER
TEMPORARY ASSISTANCE, A NUMBER OF THINGS, I LOOK AT IT AS MICRO
OF THINGS, I LOOK AT IT AS MICRO MICRO, TARGETED AND TIMELY.
MICRO, TARGETED AND TIMELY. >> I WAS KUDLOW GOING OVER
>> I WAS KUDLOW GOING OVER POTENTIAL OPTIONS.
POTENTIAL OPTIONS. I’M ALSO TOLD ONE OF SEVERAL
I’M ALSO TOLD ONE OF SEVERAL THINGS, UNDER CONSIDERATION HERE
THINGS, UNDER CONSIDERATION HERE THE WHITE HOUSE IN TERMS OF
THE WHITE HOUSE IN TERMS OF ECONOMIC STIMULUS, IT’S ALLOWING
ECONOMIC STIMULUS, IT’S ALLOWING FOR THE AIRLINERS, CRUISE LINERS
FOR THE AIRLINERS, CRUISE LINERS LINERS, THOSE WITH IN THE TRAVEL
LINERS, THOSE WITH IN THE TRAVEL INDUSTRY TO POTENTIALLY DIFFER
INDUSTRY TO POTENTIALLY DIFFER TAX PAYMENT.
TAX PAYMENT. THE PRESIDENT WAS ASKED ABOUT
THE PRESIDENT WAS ASKED ABOUT THAT AT THE CDC AND EARLIER
THAT AT THE CDC AND EARLIER TODAY, WHEN HE WAS VISITING THE
TODAY, WHEN HE WAS VISITING THE HARD-HIT AREAS FROM TORNADOES
HARD-HIT AREAS FROM TORNADOES EARLIER THIS WEEK, THE PRESIDENT
EARLIER THIS WEEK, THE PRESIDENT SAID WE ARE CONSIDERING
SAID WE ARE CONSIDERING DIFFERENT THINGS, WE ARE LOOKING
DIFFERENT THINGS, WE ARE LOOKING AT DIFFERENT OPTIONS.
AT DIFFERENT OPTIONS. BOTTOM LINE, A COUPLE OF DAYS
BOTTOM LINE, A COUPLE OF DAYS AGO, THE WHITE HOUSE TOUCHED THE
AGO, THE WHITE HOUSE TOUCHED THE IDEA OF ECONOMIC STIMULUS.
IDEA OF ECONOMIC STIMULUS. TODAY, THEY VERY MUCH EMBRACED
TODAY, THEY VERY MUCH EMBRACED IT AS SOMETHING FAIR LOOKING AT
IT AS SOMETHING FAIR LOOKING AT AND IT SEEMS LIKE IT’S A REAL
AND IT SEEMS LIKE IT’S A REAL POSSIBILITY POTENTIALLY.
POSSIBILITY POTENTIALLY. LIZ: THE STORY IS MORPHING EVERY
LIZ: THE STORY IS MORPHING EVERY MINUTE.