WEBVTT

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Yes , the

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Yeah , there .

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Hi , everyone Happy Tuesday , A couple

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of things to update you on on the top

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azi we've discussed previously in this

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room . The president . The

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administration are making the case

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directly to the country about the need

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to pass the rescue plan so we can

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finish the job and get $2000 into the

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pockets of working families so we can

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reopen schools safely and so we can get

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economic relief to struggling Americans

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and communities . As part of that work ,

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the president , the vice president and

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Treasury secretary Yellen will meet

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this afternoon with business leaders to

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discuss the vital role that the

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American rescue plan will play in

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saving our economy and getting

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Americans back toe work . Private

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sector leaders understand how important

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it is , and we've seen calls from

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across the political spectrum from

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leading business groups , toe labor and

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progressive lawmakers for Congress to

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act quickly in getting additional

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economic relief out the door . Thes

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calls have been echoed by leading

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experts and economists who have praised

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the plan , including top economic

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advisers , to the last four presidents ,

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both Democrat and Republican . An

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analysis after analysis has shown that

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the economic cost of inaction would be

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incredibly painful for the American

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people , something we saw last Friday

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with the latest month of weak job

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numbers . But they also know that we

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have a way to help workers and get our

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economy back , bypassing the rescue

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plan . So a couple of pieces of

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economic data you all may have seen . A

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CBO projection last week found that it

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would take the economy four years to

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bounce back and return to full

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employment without the rescue plan .

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Studies by the Brookings Institution

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and Moody's Analytics found that the

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economy could recover from the pandemic

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and returned to full employment by the

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beginning of next year if the rescue

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plan is enacted . Moody's also found

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that passing the passing the rescue

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plan with double economic growth

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returning the economy to full

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employment full year faster a couple of

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other updates from our covert team .

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You may have also seen this , uh , Jeff

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Science . Uh , the covert coordinator

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made a few announcements earlier this

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afternoon . Uh , today we announced the

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launch of our federal Quality health

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centers , F que HC vaccination program .

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Community health centers provide

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primary care services in underserved

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areas , reaching almost 30 million

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people . Under this new program , we

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will begin directly sending vaccine to

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plot supply to community health centers ,

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enabling them to vaccinate mawr of the

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people they serve alongside other

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efforts , like mobile health units and

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community vaccination centers . This

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announcement is another tool we're

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providing to state and local leaders in

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their work to reach underserved and

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hardest hit populations . Importantly ,

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this program grew in part out of a

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suggestion from House committee chairs .

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Uh , that , uh , the president had , of

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course , had a meeting with them on

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Friday . But even discussions prior to

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that and he informed them during a call

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this morning that this program would be

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rolled out . Let's see last few

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pieces . We also announced another

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increase in weekly vaccine allocations

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to states , tribes and territories

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bring us up to 11 million doses . So

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overall , uh , this after weekly

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increases the past two weeks and it's a

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net 28% increase . Two states since we

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entered government thes announcements

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convey our steady drumbeat of progress

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and action by the federal government

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and our whole of government pandemic

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response . The president also will meet

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with members of the covert response

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team in the Oval office today to

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discuss their work and the next steps

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and shutting down the virus and getting

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American life back to normal . Last

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thing I've noted a number of times ,

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and some of you have asked about our

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progress and efforts on confirmations

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were pleased to see Denis McDonough

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confirmed last night with 87 yes votes

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as the new secretary of Veterans

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Affairs . And he , of course , is being

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sworn in today . We also would just

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like to reiterate the importance of

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getting the our our nominee , the

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president's nominee to lead the

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Department of Education , Miguel

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Cardona confirmed . Obviously , at a

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time where , uh , the American people

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are focused on the reopening of schools ,

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focus on focused on doing that safely .

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This is a step that Congress could take .

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He's obviously a pivotal and keep

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partner on ensuring we can get that

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done swiftly and safely with that .

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Alex , Let's kick it off . Ask you at

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the top about the attempted hacking and

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poisoning of the Oldsmar , Florida

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water supply . Um , does the White

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House have any details on who committed

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the hacking , and is there any plan for

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view of water supply stations across

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the nation or an effort to shore up the

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cyber security measures at the station

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Well , as was announced earlier today .

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The FBI and Secret Service , of course ,

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are undergoing an investigation .

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That's something we'd certainly defer

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to them on any specific details of

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their findings of that investigation .

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I will say , broadly speaking , that

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the president , the vice president ,

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members of our national security team

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are focused on elevating cybersecurity

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as a threat that has Onley increased

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over the past several years . That's

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why they've made it and across

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government focus on why he has elevated

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positions in the White House and other

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parts of our government . Can you share

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any details on the president's visit to

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the Department of Defense ? What will

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be discussing your very Austin ? Sure ,

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the president will visit the Pentagon

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tomorrow , where he will thank the men

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and women serving our country and

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keeping the American people safe . As

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the first president in 40 years with a

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child who served in the military is a

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personal connection to the important

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role of the of the work of the military ,

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the men and women who serve . He will

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also discuss the vital role of the

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Department of Defense in our national

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security . Talk about the significance

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of having the first African American

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Secretary of Defense in history leading

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the department . The visit has special

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resonance coming during Black History

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Month . Over 40% of active duty forces ,

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our men and women of color . And you

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will hear President Biden pay special

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tribute to the rich history of black

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service members tomorrow . Any policy .

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Relax tomorrow . Uh , hey , will .

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Certainly , as I noted , talk about the

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important role of the Defense

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Department international security . But

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we will have more thio share about that ,

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Um , as we got closer to his visit . Go

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ahead . Let's go , Jeff . Writers , I

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promised you go ahead . Thanks . Can

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you tell us how the CEOs were chosen

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for today's meeting with President

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Biden ? I see some diversity in that

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group , which isn't always comin at the

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top echelons of corporate America . Was

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that one of the far too uncommon ? Yes ,

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that one of the factors And how did you

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go about you ? Well , first , I would

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expect that this is the first of many

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engagements the President will have

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directly with leaders from the business

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community , and this was an opportunity

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to speak directly with some who are

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major employers in the country , some

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who are leading the Business Roundtable

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or other organizational kind of

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business groups where they speak to

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many business leaders across the

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country . So this is an opportunity to

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have a , uh , smaller meeting . It's

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only about half a dozen , as you know ,

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and discussion about the American

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rescue plan , how it will impact

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workers and American families and how

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they could work together to get people

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back on their feet . Specifically ,

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Walmart Taking Morgan What is the

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president's ask of those types of

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companies ? Spirit . I wouldn't look at

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it through that prism , Jeff . I would

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look at it as a conversation with

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leaders who have , uh , you know ,

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Walmart is , of course , one of the

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biggest employers in the country and

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states across the country . Obviously ,

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Jamie Diamond is somebody who has been

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in the business sector for many , many

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years . Eso It's more of a discussion

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about , um , the country and the

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economic downturn that we've gone

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through . President wants to lay out

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all of the specifics of his plan here ,

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feedback from them , as he has as he

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has with uh , many different groups

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over the past couple of weeks . It's

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one of the Yukon related questions .

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Did the White House ask Oh , and be

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director nominee Neera Tanden to

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apologize to Republicans in her

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testimony this morning ? How confident

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are you about that nomination now ?

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Well , the president wouldn't nominate

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anyone he wasn't confident , could get

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confirmed and didn't deserve the

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consideration and confirmation of of

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his of Senate Democrats and Republicans .

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Um , we certainly did not ask her to

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make any specific comments in her

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testimony today . Go ahead , Kristen .

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Couple of questions on the and the

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Koven package the president by this

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president . First UN impeachment Today

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there's gonna be a debate over the

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constitutionality off the process ,

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whether it's constitutional to try and

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try to remove from office . A former

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president Does President Biden have any

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concerns that this trial could set a

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dangerous precedent for the institution

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of the presidency ? Well , uh ,

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President Biden , we put out a

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statement following Thekla occlusion of

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the House vote just a couple of weeks

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ago , and he made clear in that

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statement that he felt the process

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should proceed as a Z history . Uh ,

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you know , and and many laws pre

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predetermined , uh , and he is going to

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wait for the Senate to determine the

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outcome of this . But you know , his

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view is that his role is should be

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currently focused on addressing the

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needs of the American people , putting

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people back to work , addressing the

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pandemic . It is constitutional . I

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don't think that's for me or us to

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opine on . Obviously , he said , the

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process should proceed , and it's doing

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exactly that . Let me ask you as

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millions of people tune in to watch

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this trial , presumably throughout the

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week , they're going to see the former

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president's lawyers argue , based on

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the briefs that they have filed , that

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some Democrats have used incendiary

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rhetoric , they're gonna point . A

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representative Maxine Waters , for

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example , who in 2018 called on

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supporters at a rally to confront and

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at one point harassed Trump officials

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over their support of the child

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separation policy . That zero tolerance

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policy , Um , that's something that

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Cedric Richmond said she had a

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constitutional right to express those

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views . So how does the White House

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view that as any different look ? The

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president is Joe Biden is the president .

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He's not a pundit . He's not going to a

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pine on the back and forth arguments .

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Nor is he watching them that are taking

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place , Uh , in the Senate . Okay , let

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me ask you about the Kobe relief

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package . Yesterday , the Ways and

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Means Committee Democrats proposed

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limiting the $1400 direct payments to

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those making $75,000 or less . Is that

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something that President Biden supports ?

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And does he have any concerns that

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progressives might not be on board ?

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Well , the president has conveyed from

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the beginning of this discussion that

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he's open toe having a discussion about

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the threshold . Hey has been firm in

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his resolve that Americans should be

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made whole on the $2000 checks , which

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of course , would mean , uh , be

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maintaining his firmness on the $1400

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checks . Right . But there's been a

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discussion about the threshold and what

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those should look like , and he doesn't

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feel that families making over $250,000

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a year should be the target of this

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relief . But there is a scale up right ,

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and even in the recent negotiations

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from the 75 from the 1 50 it's

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just will reach a certain top

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thresholds where people would not

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receive relief . Has he determined

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whether he would support that ? Does he

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support 75,000 is being the threshold .

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It's not the threshold . That's that's

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kind of who would receive the maximum

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amount . There's been a scale up beyond

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that . Thes negotiations are ongoing .

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We support certainly support the

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discussions as they're happening . And

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certainly his view is that these should

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be . He's open to the discussion about

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making them more targeted and ensuring

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that people who need relief relief the

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most received the relief . Go ahead .

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Um , I had a couple , but I wanted to

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follow up on something . Jeff Switch

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Jamie Diamond is among us distance ,

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and there's been complaints book that

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big banks like JP Morgan have made it

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difficult for small businesses ,

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minority businesses , toe access , TPP

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loans and lots of data that shows

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recently , big banks have been scaling

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back consumer lending and instead by

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government security is , um so I know

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that this is kind of a cheerleading

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event for the president's legislative

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package , but it's gonna raise either

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of those issues with Jamie Diamond the

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opportunity Well , um , the president

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does not have a litmus test that he ,

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uh , that he gives people before he

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meets with them in the Oval Office .

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Otherwise , he would not have met with

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10 Republicans last week , so they

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don't agree with him on everything .

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I'm sure the business leaders would

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convey that to you . He doesn't agree

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with them on everything . But this is

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really a discussion about the American

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rescue plan . Ah , plan that will help

13:10.016 --> 13:12.238
spark economic growth , help put people

13:12.238 --> 13:14.460
back to work , help get our economy and

13:14.460 --> 13:16.404
a path to recovery . And hopefully

13:16.404 --> 13:18.571
that's something they can all agree on

13:18.571 --> 13:20.516
that I know that you guys have put

13:20.516 --> 13:19.920
together a task force to look a

13:19.930 --> 13:23.340
domestic extremism in January . But

13:23.340 --> 13:25.451
there's been a lot of reporting about

13:25.451 --> 13:27.507
the breakdowns that have happened in

13:27.507 --> 13:29.729
the government out of that coordination

13:29.729 --> 13:32.007
between DHS and FBI and Capitol Police .

13:32.007 --> 13:33.840
So I'm wondering , especially as

13:33.840 --> 13:35.951
there's chatter indicating that there

13:35.951 --> 13:38.173
might be further sort of demonstrations

13:38.173 --> 13:40.229
surrounding the election . What , if

13:40.229 --> 13:42.396
anything , the administration is doing

13:42.396 --> 13:44.507
to surrounding which which election ?

13:44.507 --> 13:46.673
Sorry , I'm just trying to follow your

13:46.673 --> 13:48.507
past one . The past one . Okay ,

13:48.507 --> 13:50.340
there's been there's been online

13:50.340 --> 13:52.451
chatter that there's gonna be another

13:52.451 --> 13:52.340
demonstration of march here in

13:52.340 --> 13:54.820
Washington . My point is , is the

13:54.820 --> 13:57.180
administration doing anything Thio look

13:57.180 --> 13:59.660
a the kind of breakdown that happened

13:59.670 --> 14:01.781
within law enforcement in the federal

14:01.781 --> 14:03.892
government ahead of January 6 to make

14:03.892 --> 14:05.948
sure that it's not replicated in the

14:05.948 --> 14:07.892
future . Well , I think one of the

14:07.892 --> 14:10.114
steps we took was the president named a

14:10.114 --> 14:12.400
head of homeland security in the White

14:12.400 --> 14:14.622
House that a role that did not exist in

14:14.622 --> 14:16.678
the prior administration , who could

14:16.678 --> 14:18.844
serve in a coordinating role to ensure

14:18.844 --> 14:20.789
that we're in touch with state and

14:20.789 --> 14:22.678
local authorities and officials ,

14:22.678 --> 14:24.900
something that wasn't happening at pace

14:24.900 --> 14:27.067
on bond with the level of coordination

14:27.067 --> 14:29.178
that should have happened in the last

14:29.178 --> 14:31.400
administration . We obviously came into

14:31.400 --> 14:33.511
office with the president , came into

14:33.511 --> 14:33.010
office , and our entire national

14:33.010 --> 14:35.066
security team did at at at a time of

14:35.066 --> 14:37.177
heightened alert , even on the day of

14:37.177 --> 14:39.288
the inauguration and following . So I

14:39.288 --> 14:41.454
would say we certainly are not looking

14:41.454 --> 14:43.566
to the past administration as a model

14:43.566 --> 14:45.677
on DWI air , charting our own path to

14:45.677 --> 14:47.843
make sure we do things differently . I

14:47.843 --> 14:49.954
believe the World Health Organization

14:49.954 --> 14:51.788
said today that it was extremely

14:51.788 --> 14:53.899
unlikely that the coronavirus escaped

14:53.899 --> 14:55.732
the lab and Groupon and I'm just

14:55.732 --> 14:57.843
wondering , especially now that we've

14:57.843 --> 15:00.010
sort of resumed their participation of

15:00.010 --> 15:02.010
WHL 50 . Administration agrees with

15:02.010 --> 15:03.843
that assessment . Yeah , we have

15:03.843 --> 15:06.121
obviously seen those reports as I mean ,

15:06.121 --> 15:08.066
the public reporting on it . We're

15:08.066 --> 15:10.288
looking forward to receiving the report

15:10.288 --> 15:11.890
and the data from the W H O

15:11.890 --> 15:13.946
investigation . We haven't looked at

15:13.946 --> 15:16.001
the data specifically ourselves , so

15:16.001 --> 15:18.168
we'd like to do that . We've expressed

15:18.168 --> 15:20.168
our concerns regarding the need for

15:20.168 --> 15:22.390
full transparency and access from China

15:22.390 --> 15:24.279
and the W H o toe all information

15:24.279 --> 15:26.280
regarding the earliest days of the

15:26.280 --> 15:29.240
pandemic . But we weren't involved

15:29.240 --> 15:31.407
directly in the implementation of this

15:31.407 --> 15:33.573
investigation , and again , we'll just

15:33.573 --> 15:35.740
look forward to reviewing the findings

15:35.740 --> 15:37.907
in detail . Go ahead . Welcome back to

15:37.907 --> 15:39.796
kill . I'm sorry . Go ahead . Two

15:39.796 --> 15:41.684
questions on schools . You end up

15:41.684 --> 15:41.680
talking about reopening schools ,

15:41.680 --> 15:43.291
something a priority for the

15:43.291 --> 15:45.013
administration . Are there any

15:45.013 --> 15:47.124
discussions within the administration

15:47.124 --> 15:49.291
of providing these kind of rapid tests

15:49.291 --> 15:51.402
that are being produced by A Loom and

15:51.402 --> 15:53.291
other companies to help that move

15:53.291 --> 15:55.569
quicker to get those tests ? The local ,

15:55.569 --> 15:57.624
uh , local school systems within the

15:57.624 --> 15:59.624
states . Well , our focus really at

15:59.624 --> 16:03.010
this point in time is , um , waiting

16:03.010 --> 16:05.750
for the CDC guidelines to come out and

16:05.750 --> 16:07.639
give schools across the country ,

16:07.639 --> 16:09.750
school districts across the country ,

16:09.750 --> 16:11.583
the first medical and scientific

16:11.583 --> 16:13.583
recommendations and guidelines that

16:13.583 --> 16:15.750
have been given from the federal level

16:15.750 --> 16:17.972
on . Obviously , once those are put out

16:17.972 --> 16:20.350
publicly and concluded , we will look

16:20.350 --> 16:23.950
for ways Thio work with states Thio

16:23.950 --> 16:25.950
ensure that schools are getting the

16:25.950 --> 16:28.006
resources they need . That's part of

16:28.006 --> 16:30.228
why we proposed funding in the American

16:30.228 --> 16:32.394
rescue plan , but we wanna wait to see

16:32.394 --> 16:34.394
what the health and medical experts

16:34.394 --> 16:36.339
have in those guidelines to ensure

16:36.339 --> 16:35.840
we're directing those resource is in

16:35.840 --> 16:38.062
the right way or working with states to

16:38.062 --> 16:39.840
do exactly that . Secondly , on

16:39.840 --> 16:41.896
President Biden's transgender rights

16:41.896 --> 16:43.951
executive action specifically , when

16:43.951 --> 16:46.062
applies the high school sports , UH ,

16:46.062 --> 16:48.062
what message with the White House ?

16:48.062 --> 16:50.284
Have trans girls insist girls , You may

16:50.284 --> 16:53.200
end up competing against each other in

16:53.210 --> 16:55.630
sparking some lawsuits and some

16:55.630 --> 16:58.740
concerns among parents . So there's

16:58.740 --> 17:00.573
administration have guidance for

17:00.573 --> 17:02.407
schools on dealing with disputes

17:02.407 --> 17:04.420
arising over trans girls competing

17:04.780 --> 17:07.950
against them with six girls . I'm not

17:07.950 --> 17:09.940
sure what your question is . The

17:09.950 --> 17:12.000
president's executive order . I'm

17:12.000 --> 17:14.167
familiar with the order , But what was

17:14.167 --> 17:16.333
your question about question is , does

17:16.333 --> 17:18.500
the president have a message for local

17:18.500 --> 17:20.667
school officials on dealing with these

17:20.667 --> 17:20.310
kind of disputes that are already

17:20.310 --> 17:23.850
starting to arise . Wait , uh , yeah .

17:24.340 --> 17:27.220
Trans girls who are competing and sis

17:27.220 --> 17:29.880
girls and a level playing field is

17:29.880 --> 17:32.102
particularly in high school sports when

17:32.102 --> 17:34.213
it leads to college scholarships . Is

17:34.213 --> 17:35.991
there any kind of messaging for

17:35.991 --> 17:38.158
clarification the White House wants to

17:38.158 --> 17:40.269
give on the executive order ? I would

17:40.269 --> 17:42.491
just say that the president's belief is

17:42.491 --> 17:44.713
that trans rights or human rights , and

17:44.713 --> 17:46.713
that's why he signed that executive

17:46.713 --> 17:48.936
order on in terms of the determinations

17:48.936 --> 17:50.769
by universities and colleges , I

17:50.769 --> 17:53.102
certainly defer to them . Go ahead . Oh ,

17:53.102 --> 17:52.870
sorry , Caitlyn . Go ahead , go ahead

17:52.870 --> 17:54.981
and then we go back . Go ahead . Like

17:54.981 --> 17:57.590
what ? Call me I three quick questions ,

17:57.600 --> 17:59.860
um , one on what Democrats have put

17:59.860 --> 18:02.082
forward with the stimulus checks . It's

18:02.082 --> 18:03.916
not changing the income cap . So

18:03.916 --> 18:07.110
instead of limiting it from the $75,000

18:07.110 --> 18:09.630
to get the full $1400 that's staying

18:09.630 --> 18:11.408
where it iss , Biden had said .

18:11.408 --> 18:13.408
President Biden said he was open to

18:13.408 --> 18:15.408
targeting that . Did he sign off on

18:15.408 --> 18:17.741
what the Democrats have now put forward ?

18:17.741 --> 18:19.852
You mean where the cap stops or where

18:19.852 --> 18:21.908
the threshold stops at the top . The

18:21.908 --> 18:24.050
cap stops for the full $1400 . Right

18:24.050 --> 18:27.470
now , it's $75,000 as opposed to 50,000

18:27.470 --> 18:29.581
or what others , like Joe Manchin had

18:29.581 --> 18:31.637
proposed . So did he sign off on the

18:31.637 --> 18:33.748
latest proposal from them yesterday ?

18:33.748 --> 18:37.610
His proposal was originally 75 1

18:37.610 --> 18:39.930
50 Target , and he's open to targeting

18:39.940 --> 18:42.162
which which it still will be targeted .

18:42.162 --> 18:44.273
Because it's about the question of of

18:44.273 --> 18:46.273
what the threshold goes up . Teoh ,

18:46.273 --> 18:48.496
right ? Because prior , uh , in earlier

18:48.496 --> 18:50.607
proposals , it had a higher threshold

18:50.607 --> 18:52.607
where it went up to a higher income

18:52.607 --> 18:54.829
level for families where they would get

18:54.829 --> 18:57.051
some version of a check , not the $1400

18:57.051 --> 18:59.273
right , but a smaller version . So he's

18:59.273 --> 19:01.496
fine with not bringing down that cap at

19:01.496 --> 19:05.420
the $75,000 to a $50,000 he he

19:05.420 --> 19:07.590
supports that where the status of the

19:07.590 --> 19:09.701
negotiations is at this point , yes ,

19:09.701 --> 19:11.479
of the $75,000 Okay , my second

19:11.479 --> 19:13.646
question is we had the acting attorney

19:13.646 --> 19:15.368
general asked all of the Trump

19:15.368 --> 19:17.368
appointed U . S attorneys to resign

19:17.368 --> 19:19.590
from their post , with the exception of

19:19.590 --> 19:21.812
to the one overseeing the beginnings of

19:21.812 --> 19:24.034
the Russia probe and the one overseeing

19:24.034 --> 19:25.979
Hunter Biden's tax probe . Can you

19:25.979 --> 19:28.201
comment on that ? A . Z You know , this

19:28.201 --> 19:30.201
has been commonplace among previous

19:30.201 --> 19:32.312
administrations on we look forward to

19:32.312 --> 19:34.534
working with the Senate to swiftly fill

19:34.534 --> 19:36.590
these openings in the coming weeks .

19:36.590 --> 19:38.757
The president has also made clear that

19:38.757 --> 19:38.740
he wants to restore the independence of

19:38.740 --> 19:40.962
the Department of Justice and to ensure

19:40.962 --> 19:43.129
it remains free of any undue political

19:43.129 --> 19:45.296
influence that will be helped when our

19:45.296 --> 19:47.573
attorney general's of course confirmed .

19:47.573 --> 19:49.518
But the decision to leave to U . S

19:49.518 --> 19:51.184
attorneys in their roles is a

19:51.184 --> 19:53.296
reflection of that commitment . So he

19:53.296 --> 19:53.210
had no conversations with the acting

19:53.210 --> 19:55.154
attorney general about the two who

19:55.154 --> 19:58.040
remained in their post . In what way

19:58.070 --> 20:00.310
Who ? Who would leave ? I didn't have

20:00.310 --> 20:02.310
any . Did he have any conversations

20:02.310 --> 20:04.477
with the acting attorney general about

20:04.477 --> 20:06.254
leaving the U . S . Attorney in

20:06.254 --> 20:08.532
Delaware and Connecticut in their post ?

20:08.532 --> 20:10.699
These were decisions that were made in

20:10.699 --> 20:12.477
order to fulfill his promise of

20:12.477 --> 20:14.588
maintaining independence and ensuring

20:14.588 --> 20:16.699
that hey , could he sent that message

20:16.699 --> 20:16.630
in every action that was taken . Okay ,

20:16.640 --> 20:18.807
My last question . I know you said the

20:18.807 --> 20:20.973
president is not abundant . I think we

20:20.973 --> 20:22.640
all under agree with that . I

20:22.640 --> 20:24.751
understand that . But he is the first

20:24.751 --> 20:26.807
president to be in office and have a

20:26.807 --> 20:29.029
former president , his predecessor , go

20:29.029 --> 20:31.251
and face an impeachment trial just down

20:31.251 --> 20:33.473
the street . So how can he not weigh in

20:33.473 --> 20:35.696
on whether or not it's constitutional ,

20:35.696 --> 20:37.862
given he is the current officeholder ?

20:37.862 --> 20:39.862
It you know , the questions of what

20:39.862 --> 20:42.084
precedent this sets on , whether or not

20:42.084 --> 20:44.418
he agrees that it's constitutional well ,

20:44.418 --> 20:46.529
again , this is obviously a big story

20:46.529 --> 20:46.180
in the country . No one's denying that

20:46.180 --> 20:48.291
here , and there's certainly going to

20:48.291 --> 20:50.513
be a lot of attention and focus on it .

20:50.513 --> 20:52.402
But our focus and the president's

20:52.402 --> 20:54.680
focuses on putting people back to work ,

20:54.680 --> 20:54.490
getting the pandemic under control .

20:54.490 --> 20:56.712
And that means we're not going to weigh

20:56.712 --> 20:58.434
in on every question about the

20:58.434 --> 21:00.546
impeachment trial , and we don't feel

21:00.546 --> 21:00.450
it's necessary or our role to do that .

21:01.540 --> 21:03.707
Go ahead a couple of topics . I'll get

21:03.707 --> 21:05.929
through quick . The CEO projecting that

21:05.929 --> 21:08.180
raising the federal minimum wage to $15

21:08.180 --> 21:10.291
an hour would lift 900,000 people out

21:10.291 --> 21:12.870
of poverty , but it would cost 1.4

21:12.870 --> 21:15.037
million jobs . That is a difference of

21:15.037 --> 21:17.203
a half a million people . What happens

21:17.203 --> 21:20.760
to them of the well . I would also say

21:20.770 --> 21:24.710
that in the CBO , uh , CBO findings , I

21:24.710 --> 21:26.710
should say , uh , that they've also

21:26.710 --> 21:28.780
concluded that 27 million American

21:28.780 --> 21:31.430
workers would , uh , millions of low

21:31.430 --> 21:33.541
wage made wage workers . I should say

21:33.541 --> 21:36.140
27 million American workers would , uh ,

21:36.150 --> 21:38.550
would be able thio get would help get

21:38.550 --> 21:40.550
them out of poverty . Eso There's a

21:40.550 --> 21:42.883
huge impact of raising the minimum wage .

21:42.883 --> 21:45.050
It's That's why the president supports

21:45.050 --> 21:47.070
it . Uh , there are also many other

21:47.080 --> 21:49.302
economic studies that show that raising

21:49.302 --> 21:51.470
the minimum wage has minimal impact on

21:51.470 --> 21:53.637
employment . A study of US state level

21:53.637 --> 21:55.850
minimum wage changes over four decades

21:55.850 --> 21:58.017
found that the number of jobs remained

21:58.017 --> 22:00.017
essentially unchanged over the five

22:00.017 --> 22:02.183
years following the increased . So the

22:02.183 --> 22:04.017
president supports it because he

22:04.017 --> 22:06.183
believes that raising the minimum wage

22:06.183 --> 22:08.128
is something that American workers

22:08.128 --> 22:10.072
American families deserve and that

22:10.072 --> 22:12.294
lifting 27 million American workers out

22:12.294 --> 22:14.517
of poverty reducing inequality would be

22:14.517 --> 22:16.683
a very positive step for our country .

22:16.790 --> 22:18.901
And once there is an agreement , does

22:18.901 --> 22:20.679
President Biden support sending

22:20.679 --> 22:22.750
stimulus benefits to undocumented

22:22.760 --> 22:25.920
immigrants again ? I don't know if

22:25.920 --> 22:28.031
somebody has a Social Security number

22:28.031 --> 22:30.530
like a child or a spouse , then they

22:30.530 --> 22:32.530
would be eligible . But he supports

22:32.570 --> 22:34.540
sending benefits to people who are

22:34.550 --> 22:36.606
eligible as a part of his proposal .

22:36.606 --> 22:38.606
Okay , And then on transparency , I

22:38.606 --> 22:40.606
have a very specific question about

22:40.606 --> 22:44.110
executive order . 13891 One of the

22:44.120 --> 22:46.120
president's executive orders on the

22:46.120 --> 22:48.009
first day revoked the policy that

22:48.009 --> 22:50.170
required federal agencies supposed

22:50.540 --> 22:53.850
their guidance on a searchable database .

22:54.240 --> 22:56.462
Uh , there are questions now on Capitol

22:56.462 --> 22:58.407
Hill from some Republican senators

22:58.407 --> 23:01.800
about why that was revoked . And so now

23:01.800 --> 23:03.960
the question to you . Well , um ,

23:04.340 --> 23:06.830
agencies have definitely not been told

23:06.840 --> 23:09.310
to take down databases or other public

23:09.310 --> 23:11.588
information that would be inconsistent ,

23:11.588 --> 23:13.754
which I think is why you're asking the

23:13.754 --> 23:15.810
question with what The president has

23:15.810 --> 23:15.520
talked about what the vice president

23:15.520 --> 23:18.110
talked about . We want , uh , agencies

23:18.110 --> 23:20.277
to use all the tools available to them

23:20.277 --> 23:22.388
to make public policies transparent ,

23:22.388 --> 23:24.499
accessible . However , this executive

23:24.499 --> 23:26.554
order was revoked because it created

23:26.554 --> 23:28.499
unnecessary hurdles and cumbersome

23:28.499 --> 23:30.610
processes for agencies that wanted to

23:30.610 --> 23:32.610
get guidance out to the public . In

23:32.610 --> 23:34.666
some cases , it was resulting in the

23:34.666 --> 23:36.666
delay of information going out more

23:36.666 --> 23:38.888
publicly by a couple of weeks , or even

23:38.888 --> 23:40.999
a couple of months . That's obviously

23:40.999 --> 23:43.054
not acceptable , and we wanted to be

23:43.054 --> 23:45.110
more efficient than that one . Quick

23:45.110 --> 23:44.860
one on conflicts of interest in some

23:44.860 --> 23:46.749
reporting that's been done by our

23:46.749 --> 23:48.693
colleagues at other networks . The

23:48.693 --> 23:50.638
president's son in law , Dr Howard

23:50.638 --> 23:53.770
Crime , was advising candidate Biden on

23:53.780 --> 23:56.570
Kobe 19 response while he was investing

23:56.600 --> 23:59.310
in companies involved with Kobe . 19 .

23:59.310 --> 24:01.510
Response Through his company , Startup

24:01.520 --> 24:04.060
Health , Dr Crying has been at the

24:04.060 --> 24:06.690
White House since three inauguration .

24:06.700 --> 24:09.140
Is he still advising the president on

24:09.150 --> 24:11.450
Cold Nights response ? Well , Dr Crane

24:11.450 --> 24:13.810
is his son in law , the president .

24:13.810 --> 24:15.921
There are questions about a potential

24:15.921 --> 24:18.088
well , and I think he was here because

24:18.088 --> 24:20.366
the president was inaugurated recently ,

24:20.366 --> 24:22.588
which is understandable . The president

24:22.588 --> 24:24.643
has made clear that there will be an

24:24.643 --> 24:26.532
absolute wall between him and any

24:26.532 --> 24:28.588
businesses connected with his family

24:28.588 --> 24:30.810
members on , as he reiterated just last

24:30.810 --> 24:32.810
week , no family member is going to

24:32.810 --> 24:35.032
have an office in the White House or be

24:35.032 --> 24:34.430
involved in any government policy

24:34.430 --> 24:36.541
making that applies to his son in law

24:36.541 --> 24:38.652
and applies to every single member of

24:38.652 --> 24:40.374
his family . Just from a broad

24:40.440 --> 24:43.130
perspective , though , like the 30,000

24:43.140 --> 24:45.251
ft view of this candidate , Biden was

24:45.251 --> 24:47.310
very concerned about the last

24:47.320 --> 24:49.209
presidents potential conflicts of

24:49.209 --> 24:51.098
interest . At 1.2019 , he tweeted

24:51.150 --> 24:53.372
hosting the G seven in Trump's Hotel of

24:53.372 --> 24:55.483
President should never be able to use

24:55.483 --> 24:57.594
the office for personal gain . So how

24:57.594 --> 24:59.706
is the White House going to guarantee

24:59.706 --> 25:01.928
to members of the public that nobody in

25:01.928 --> 25:03.872
the family is using the office for

25:03.872 --> 25:05.817
personal gain ? We've put in place

25:05.817 --> 25:07.928
stringent policies in order to ensure

25:07.928 --> 25:10.094
that it is not being used for personal

25:10.094 --> 25:12.317
gain . There's not . A single member of

25:12.317 --> 25:14.539
the family who is employed at the White

25:14.539 --> 25:16.706
House will have an office in the White

25:16.706 --> 25:18.928
House or will benefit financially . And

25:18.928 --> 25:20.983
those air strict ethics requirements

25:20.983 --> 25:20.910
that have been put in place and the

25:20.910 --> 25:24.830
president has approved go ahead two

25:24.830 --> 25:27.200
questions from my one on the

25:27.210 --> 25:29.321
president's stimulus package . You've

25:29.321 --> 25:31.990
been arguing consistent leader . His

25:32.000 --> 25:34.111
goal of unity doesn't mean creating a

25:34.111 --> 25:37.030
one party on party on . You also point

25:37.030 --> 25:39.580
out that their polls supporting what

25:39.580 --> 25:41.870
he's trying toe get out there . But

25:41.880 --> 25:44.490
what is his bottom line for showing

25:44.490 --> 25:46.490
that he has really tried to unity ?

25:46.490 --> 25:48.601
Would be one Republican senator would

25:48.601 --> 25:50.546
be enough with zero be enough like

25:50.546 --> 25:52.640
Would you be happy if no Republican

25:52.640 --> 25:54.807
Senators Bill ? I guess that's what it

25:54.807 --> 25:57.200
boils down . Well , he the president is

25:57.200 --> 25:59.420
certainly hopeful that the process

25:59.420 --> 26:01.531
that's underway now the mark ups that

26:01.531 --> 26:03.364
are happening in the House , the

26:03.364 --> 26:05.531
markups well that will then proceed in

26:05.531 --> 26:07.698
the Senate will provide an opportunity

26:07.698 --> 26:09.642
for Republicans , Democrats of all

26:09.642 --> 26:11.587
different political stripes to put

26:11.587 --> 26:11.330
their ideas forward and have those

26:11.330 --> 26:13.960
ideas considered a t end of the day .

26:13.970 --> 26:17.920
His view is that urgency , uh , is his

26:17.930 --> 26:20.080
first priority here and that the

26:20.080 --> 26:22.340
American people , uh , people who are

26:22.340 --> 26:24.340
concerned about getting food on the

26:24.340 --> 26:26.618
table , one in seven American families ,

26:26.618 --> 26:28.784
people who are worried about reopening

26:28.784 --> 26:28.500
schools and getting their kids back in

26:28.500 --> 26:30.556
the classroom . People worried about

26:30.556 --> 26:32.556
whether their grandmother and their

26:32.556 --> 26:34.722
cousin are gonna get vaccines . That's

26:34.722 --> 26:36.944
where his priority is . So the question

26:36.944 --> 26:39.167
really is if 70 70 74% depending on the

26:39.167 --> 26:41.056
poll of Americans , including the

26:41.056 --> 26:43.278
majority of Republicans in some polls ,

26:43.278 --> 26:45.430
support this proposal , support the

26:45.430 --> 26:47.597
components of this proposal , then why

26:47.597 --> 26:49.819
aren't more Republicans supporting it ?

26:49.819 --> 26:51.819
We certainly hope they will and and

26:51.819 --> 26:54.010
welcome them , uh , to the table . Go

26:54.010 --> 26:56.840
ahead . The back . Sure , thing is

26:56.840 --> 26:58.840
literally a housekeeping question .

26:58.840 --> 27:01.030
Okay ? Literally housekeeping . Okay ,

27:01.040 --> 27:03.620
okay . You're gonna say I'm very

27:03.630 --> 27:05.852
interested to hear what this is because

27:05.852 --> 27:07.908
I have the airplane question today ,

27:07.908 --> 27:10.019
but I certainly am not . I've learned

27:10.019 --> 27:11.908
my lesson on that airplane on the

27:11.908 --> 27:14.460
ground . Um , President Trump , former

27:14.460 --> 27:16.682
President Trump . He broke tradition by

27:16.682 --> 27:18.650
not having his predecessors have a

27:18.660 --> 27:22.210
portrait hanged up . Mhm . But far as I

27:22.210 --> 27:24.377
understand , it was something that was

27:24.377 --> 27:26.543
considered totally the normal thing to

27:26.543 --> 27:28.710
do . Will President Biden inviting his

27:28.710 --> 27:30.654
predecessor toe hang up a portrait

27:30.654 --> 27:32.599
somewhere on will he get the Obama

27:32.599 --> 27:35.800
bombers back into finally get there the

27:35.810 --> 27:38.220
best ? Their money ? I have no portrait

27:38.230 --> 27:40.420
revealing zor portrait plans or

27:40.420 --> 27:42.630
portrait events to preview for you ,

27:42.640 --> 27:44.470
but I have not been given any

27:44.470 --> 27:46.470
indication that we would break with

27:46.470 --> 27:48.581
tradition in that regard . Go ahead .

27:48.581 --> 27:51.740
Thank you . Think is distinctly not on

27:51.740 --> 27:54.080
impeachment question , but it could be

27:54.080 --> 27:56.191
an impeachment question . You can ask

27:56.191 --> 27:58.247
whatever you want . Go ahead . Thank

27:58.247 --> 28:00.358
you . Does the President believe that

28:00.358 --> 28:02.247
former President Trump engaged in

28:02.247 --> 28:04.980
insurrection as described in section

28:04.990 --> 28:08.260
three of 14 ? The President has put out

28:08.260 --> 28:10.482
multiple statements conveying that what

28:10.482 --> 28:12.970
the president did and his words and his

28:12.980 --> 28:15.840
actions were on . Of course , the

28:15.840 --> 28:19.740
events of January 6th were a threat to

28:19.740 --> 28:22.330
our democracy . But he ran against him

28:22.340 --> 28:25.070
because he was concerned that former

28:25.070 --> 28:27.237
President Trump was unfit for office ,

28:27.237 --> 28:30.260
in part because of his past history of ,

28:30.340 --> 28:32.680
uh , invoking violence around the

28:32.680 --> 28:34.900
country . So he's President . Trump is

28:34.900 --> 28:37.122
not here because former President Trump

28:37.122 --> 28:39.122
is not here because President Biden

28:39.122 --> 28:41.344
defeated him , the more of the American

28:41.344 --> 28:43.289
people voted for him , and now his

28:43.289 --> 28:45.400
focuses on delivering on his promises

28:45.400 --> 28:47.456
to the American people , unrelated .

28:47.456 --> 28:49.567
Now where does the president stand on

28:49.567 --> 28:52.930
effort in California Recall Avenue ? I

28:52.940 --> 28:55.051
have not . I have not spoken with the

28:55.051 --> 28:57.384
president about the reported the recall ,

28:57.384 --> 28:59.607
I should say , or the efforts to recall

28:59.607 --> 29:01.829
from our governor Newsome . Obviously ,

29:01.829 --> 29:03.996
he is somebody who he has been engaged

29:03.996 --> 29:06.329
with in the past . They have a range of ,

29:06.329 --> 29:08.051
uh , issues . They have common

29:08.051 --> 29:10.162
agreement on from the need to address

29:10.162 --> 29:12.218
climate change to put people back to

29:12.218 --> 29:14.440
work , too . Address the cove in crisis

29:14.840 --> 29:17.560
and way remain closely engaged with him

29:17.560 --> 29:19.690
in his office . Go ahead . I've got a

29:19.690 --> 29:21.746
quick personnel question and then to

29:21.746 --> 29:24.620
follow ups about a year ago in March ,

29:24.630 --> 29:27.550
President Biden said that Beto O'Rourke

29:27.560 --> 29:29.920
would be helping him when it came to

29:29.920 --> 29:32.430
his push for gun control . Does Mr

29:32.430 --> 29:34.541
Roarke have any official role here at

29:34.541 --> 29:36.652
the White House ? President discussed

29:36.652 --> 29:38.708
anyone with him . Hey , doesn't have

29:38.708 --> 29:40.708
any official role . Obviously , the

29:40.708 --> 29:42.900
president spoke that back then during

29:42.900 --> 29:44.900
the campaign , and I know still has

29:44.900 --> 29:47.122
admiration for the role . Um , that bit

29:47.122 --> 29:49.233
of work played in elevating the issue

29:49.233 --> 29:51.289
of gun violence and the need for gun

29:51.289 --> 29:53.456
safety measures , but I don't have any

29:53.456 --> 29:55.511
personnel announcements to make on .

29:55.511 --> 29:57.289
Then you talked about hopes for

29:57.289 --> 29:59.750
transparency from China , and you you

29:59.750 --> 30:01.917
talked about the need to get that data

30:01.917 --> 30:03.861
from the World Health Organization

30:03.861 --> 30:05.917
earlier in the pandemic . You know ,

30:05.917 --> 30:08.028
you know , April in May , there was a

30:08.028 --> 30:10.194
lot of criticism that the World Health

30:10.194 --> 30:12.680
Organization was praising China for its

30:12.680 --> 30:15.400
transparency at a moment when China

30:15.400 --> 30:17.511
certainly wasn't . Are there any type

30:17.511 --> 30:19.622
of reforms now that the United States

30:19.622 --> 30:21.789
has rejoined the president Biden would

30:21.789 --> 30:23.678
like to see from the World Health

30:23.678 --> 30:25.789
Organization ? Well , um , you know ,

30:25.789 --> 30:27.900
one of the reasons , of course , that

30:27.900 --> 30:29.844
we want to take a look at the data

30:29.844 --> 30:32.067
ourselves is because we were not , um ,

30:32.067 --> 30:34.230
involved in the planning and

30:34.230 --> 30:36.341
implementation of the investigation .

30:36.341 --> 30:38.870
We also feel , of course , we support

30:38.870 --> 30:41.203
we rejoin the World Health Organization ,

30:41.203 --> 30:43.314
but that it's imperative that we have

30:43.314 --> 30:45.426
our own team of experts on the ground

30:45.426 --> 30:47.648
in our embassy in Beijing and otherwise

30:47.648 --> 30:49.759
to make sure we have eyes and ears on

30:49.759 --> 30:51.926
the ground . But I don't have any more

30:51.926 --> 30:54.148
reforms or anything to announce for you

30:54.148 --> 30:56.370
at this point time and then back to the

30:56.370 --> 30:58.314
CBO report that Peter was asking a

30:58.314 --> 31:00.426
second ago , Uh , is there a specific

31:00.426 --> 31:02.900
plan for anyone who would lose their

31:02.900 --> 31:05.840
job if the minimum wage is increased ?

31:05.840 --> 31:09.020
Or is it just , ah , hope that CBO is

31:09.020 --> 31:10.964
wrong about those numbers ? Well ,

31:10.964 --> 31:13.076
remember that the plan , the American

31:13.076 --> 31:15.242
rescue plan , why there was a score of

31:15.242 --> 31:17.409
any component of it would put millions

31:17.409 --> 31:19.520
of people toe work . And that is also

31:19.520 --> 31:21.631
something that outside economists and

31:21.631 --> 31:23.687
many studies have shown . And so our

31:23.687 --> 31:26.300
whole objective here is to , um , uh ,

31:26.310 --> 31:28.600
make sure I should I should say , make

31:28.600 --> 31:30.322
sure we are getting people the

31:30.322 --> 31:32.489
assistance they need . Make sure we're

31:32.489 --> 31:34.267
putting vaccines in the arms of

31:34.267 --> 31:36.322
Americans . And make sure we're , um

31:36.322 --> 31:38.433
you know , reopening schools . Let me

31:38.433 --> 31:40.544
just remedy something I just said the

31:40.544 --> 31:42.711
president is going to roll out a build

31:42.711 --> 31:44.878
back . Better agenda a jobs package in

31:44.878 --> 31:46.878
the coming weeks . Hard Part of his

31:46.878 --> 31:49.211
objective is combined with this package ,

31:49.211 --> 31:51.100
uh , to make sure we are not only

31:51.100 --> 31:53.100
addressing the pandemic , but we're

31:53.100 --> 31:55.156
also reinvigorating the economy . So

31:55.156 --> 31:57.156
his goal with all of these plans to

31:57.156 --> 31:59.267
work with Congress to put people back

31:59.267 --> 32:01.489
to work and the minimum wage increasing

32:01.489 --> 32:03.489
the minimum wage is a way to ensure

32:03.489 --> 32:05.822
that workers were pulled out of poverty ,

32:05.822 --> 32:08.156
that millions of workers who are making ,

32:08.156 --> 32:10.378
you know , doing honest work and making

32:10.378 --> 32:12.544
a , you know , making an honest living

32:12.544 --> 32:14.767
are not living on the poverty line . He

32:14.767 --> 32:16.600
thinks that's right , and that's

32:16.600 --> 32:18.711
something that should happen . But he

32:18.711 --> 32:18.680
has had no shortage of proposals to put

32:18.680 --> 32:20.791
people back to work , and part of the

32:20.791 --> 32:22.958
reason this was scored is because he's

32:23.160 --> 32:25.271
starting to put proposals for it . Go

32:25.271 --> 32:27.549
ahead . Hunts Just two questions . One ,

32:27.549 --> 32:29.716
The first one . The full question from

32:29.716 --> 32:29.420
a colleague in Canada that is , that

32:29.430 --> 32:31.652
Canada's announced that it will require

32:31.652 --> 32:33.486
co vid negative tests for anyone

32:33.486 --> 32:35.374
crossing the land border into the

32:35.374 --> 32:37.374
United States . Does the US plan to

32:37.374 --> 32:39.100
reciprocate ? I don't have any

32:39.100 --> 32:41.540
additional travel restrictions to read

32:41.540 --> 32:43.596
out for you , obviously , are covert

32:43.596 --> 32:45.873
team on our health and medical experts ,

32:45.873 --> 32:48.200
um , make recommendations based on what

32:48.200 --> 32:50.367
is necessary to keep people safe , and

32:50.367 --> 32:52.200
they've put in place some travel

32:52.200 --> 32:51.530
restrictions . But I don't have

32:51.530 --> 32:53.420
anything Thio preview for you or

32:53.420 --> 32:56.360
predict on the Canada land crossing

32:56.360 --> 32:58.630
front . Okay on . Then you mentioned

32:58.630 --> 33:00.463
the sort of goal . Is opening up

33:00.463 --> 33:02.630
schools swiftly and safely ? Could you

33:02.630 --> 33:04.852
help us understand what the White House

33:04.852 --> 33:06.963
is or what the president's definition

33:06.963 --> 33:08.852
of open schools is ? Does it mean

33:08.852 --> 33:10.900
teachers in classroom teaching ,

33:10.900 --> 33:12.956
students in classroom ? Does it just

33:12.956 --> 33:15.122
mean kids in classroom with the remote

33:15.122 --> 33:17.380
screen help us understand ? Sure , his

33:17.380 --> 33:19.840
school that , he said , is to have the

33:19.840 --> 33:22.450
majority of school so more than 50%

33:22.460 --> 33:26.010
open by day 100 of his

33:26.010 --> 33:28.110
presidency . And that means some

33:28.110 --> 33:30.166
teaching in classrooms , so at least

33:30.166 --> 33:32.221
one day week , hopefully it's more ,

33:32.221 --> 33:34.443
and obviously it is as much as his safe

33:34.443 --> 33:36.443
in each school and local district .

33:36.443 --> 33:38.554
Some teaching that you didn't use the

33:38.554 --> 33:40.554
same majority qualifier there . You

33:40.554 --> 33:42.499
just have to have some teaching in

33:42.499 --> 33:44.666
school . Some teachers in school , not

33:44.666 --> 33:46.888
the majority of teachers in school . In

33:46.888 --> 33:48.888
the majority of classrooms . Well ,

33:48.888 --> 33:51.110
teaching at least one day a week . Um ,

33:51.110 --> 33:53.332
in the majority of schools , by day 100

33:53.332 --> 33:55.554
that's in person . Teaching in person .

33:55.554 --> 33:57.721
Teaching . Yes , thank you . Sure , Go

33:57.721 --> 34:00.440
ahead . Uh huh . Oh , go ahead . Thank

34:00.440 --> 34:02.440
you . Another studio question . The

34:02.440 --> 34:04.440
report that came out yesterday said

34:04.440 --> 34:06.496
that the first four months of fiscal

34:06.496 --> 34:08.920
year 2021 the federal deficit rose 90%

34:08.930 --> 34:11.590
to $738 billion . Obviously , we've

34:11.590 --> 34:13.812
seen economists saying that it's better

34:13.812 --> 34:15.868
to do too much than nothing at all .

34:15.868 --> 34:18.090
But Republicans are expected expressive

34:18.090 --> 34:20.146
stare shops , so as curious what the

34:20.146 --> 34:22.201
president's plan was to decrease the

34:22.201 --> 34:24.090
deficit once the completed in the

34:24.090 --> 34:27.300
Communist stabilized . Well , one thing

34:27.300 --> 34:30.010
that could happen is that the tax cuts

34:30.010 --> 34:32.177
for the highest income could be rolled

34:32.177 --> 34:33.954
back on . But there's kind of a

34:33.954 --> 34:35.677
newfound concern about deficit

34:35.677 --> 34:37.621
reduction among some who supported

34:37.621 --> 34:40.230
those tax cuts . So , um , you know ,

34:40.230 --> 34:42.490
that's one suggestion , but the reason

34:42.490 --> 34:44.601
that the president and members of his

34:44.601 --> 34:47.110
economic team feel that , Uh , a

34:47.110 --> 34:49.550
package of this size is so essential at

34:49.550 --> 34:52.650
this moment is because we are dealing

34:52.650 --> 34:54.820
with a pandemic . We're dealing with

34:54.830 --> 34:57.860
uneconomic downturn . People are

34:57.860 --> 34:59.916
suffering . The American people need

34:59.916 --> 35:02.193
assistance . And this emergency relief .

35:02.193 --> 35:04.249
It's something that , um the cost of

35:04.249 --> 35:06.416
doing nothing or the cost of doing too

35:06.416 --> 35:08.416
little is the greater risk , in his

35:08.416 --> 35:10.471
view and the view of many economists

35:10.471 --> 35:12.804
and including his secretary of treasury .

35:12.804 --> 35:15.160
Thank you . Thank you , everyone . I

35:15.160 --> 35:17.271
know you have to go Well , to do this

35:17.271 --> 35:17.960
again tomorrow , please .

