coronavirus

At 2:00 p.m. CST President Trump is expected to declare a National State of Emergency.

Markets rebounded at the writing of this article up by 700+ points.

Speaker of House Pelosi has just announced a bill for free testing and health relief with bi-partisan support.

Louisiana has decided to postpone it’s April 4th Primary for 60 days.

The Masters and Boston Marathon have both postponed.

Over 1700 cases have been reported in the U.S.

State of Emergency

Mr. Trump, according to a senior administration official, is expected to invoke the Stafford Act, a law that empowers the Federal Emergency Management Agency to assist state and local governments during “natural catastrophes” and coordinate the nation’s response.

The move that would give him authority to use $40 billion of funds allocated by Congress for disaster relief to address the coronavirus crisis.

The law, enacted in 1988, empowers the Federal Emergency Management Agency (FEMA) to assist state and local governments during “natural catastrophes” and coordinate the nation’s response.

FEMA, an agency within the U.S. Department of Homeland Security, controls more than $40 billion in federal funding set aside by Congress for disaster relief. FEMA could use that funding to help build medical facilities and transport patients, among other measures.

In 2000, former President Bill Clinton used a Stafford Act emergency declaration to pay for mosquito control efforts to address outbreaks of the West Nile virus in New Jersey and New York.

 

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