People are being asked to stay home from work…
Sooner or later businesses and organisations will be affected….
How are people going pay their bills if they don’t go to work?
Pelosi and Schumer, referring to reports about a potential tax package, said they “are demanding that the administration prioritize the health and safety of American workers and their families over corporate interests.”
Among the ideas outlined, two Democratic leaders want paid sick leave for workers impacted by a quarantine or who are caring for children impacted by school closures. They also want patients to be reimbursed for coronavirus-associated costs that are not otherwise covered and to enact anti-price gouging protections.
“The administration must move more quickly and seriously to address the severe impacts of the coronavirus on the financial security of America’s families,” they added.
The Trump administration is facing questions about how it will protect the economy as fears about a widespread outbreak of the coronavirus within the United States has sent stocks tumbling in recent days.
The Washington Post reported late last week that administration officials were considering deferring taxes for sectors most affected by the outbreak, including the hospitality, cruise, travel and airline industries.
Trump has also floated a payroll tax cut, and urged Congress last week to pass a “middle income” tax cut, adding “if the Democrats would approve it, I would go along with it.”….
image…CNBC.Com