This is the most aggressive and comprehensive effort to confront a foreign virus in modern history. I am confident that by counting and continuing to take these tough measures we will significantly reduce the threat to our citizens and we will ultimately and expeditiously defeat this virus. From the beginning of time nations and people have faced unforeseen challenges, including large-scale and very dangerous health threats. This is the way it always was and always will be. It only matters how you respond and we are responding with great speed and professionalism. Our team is the best anywhere in the world.
At the very start of the outbreak, we instituted sweeping travel restrictions on China and put in place the first federally mandated quarantine in over 50 years. With we declared a public health emergency and issued the highest level of travel warning on other countries as the virus spread its horrible infection. And taking early intense action we’ve seen dramatically fewer cases of the virus in the United States than are now present in Europe. The European Union failed to take the same precautions and restrict travel from China and other hot spots. As a result a large number of new clusters in the United States were seeded by travelers from Europe. After consulting with our top government health professionals I have decided to take several strong but necessary actions to protect the health and well being of all Americans.
To keep new cases from entering our shores, we will be suspending all travel from Europe to the United States for the next 30 days. The new rules will go into effect Friday at midnight. These restrictions will be adjusted subject to conditions on the ground. There will be exemptions for Americans who have undergone appropriate screenings and these prohibitions will not only apply to the tremendous amount of trade and cargo, but various other things as we get approval. Anything coming from Europe to the United States is what we are discussing. These restrictions will also not apply to the United Kingdom. At the same time, we’re monitoring the situation in China and South Korea, and as their situation improves, we will re-evaluate the restrictions and warnings that are currently in place for a possible early opening.
Earlier this week I met with the leaders of health insurance industry who have agreed to waive all co-payments for coronavirus treatments, extend insurance coverage to these treatments and to prevent surprise medical billing. We are cutting massive amounts of red tape to make anti-viral therapies available in record time. These treatments will significantly reduce the impact and reach of the virus. Additionally last week I signed into law an $8.3 billion funding bill to help CDC and other government agencies fight the virus and support vaccines, treatments and distribution of medical supplies. Testing and testing capabilities are expanding rapidly. Day by day, we’re moving very quickly.
The vast majority of Americans, the
risk is very, very low. Young and healthy people can expect to recover
fully and quickly if they should get the virus. The highest risk is for
elderly population with underlying health conditions. The elderly
population must be very, very careful. In particular, we’re strongly
advising that nursing homes for the elderly suspend all medically
unnecessary visits.
In general older Americans should also
avoid non-essential travel in crowded areas. My administration is
coordinated directly with communities with largest outbreaks and we have
issued guidance on school closures, social distancing and reducing
large gatherings.
Smart action today will prevent the
spread of the virus tomorrow. Every community faces different risks, and
it is critical for you to follow the guidelines of your local officials
who are working closely with our federal health experts, and they are
the best. For all Americans it is essential that everyone take extra
precautions and practice good hygiene. Each of us has a role to play in
defeating this virus. Wash your hands, clean often-used surfaces, cover
your face and mouth if you sneeze or cough, and most of all if you are
sick or not feeling well, stay home. To ensure that working Americans
impacted by the virus can stay home without fear of financial hardship, I
will soon be taking emergency action, which is unprecedented, to
provide financial relief. This will be targeted for workers who are ill,
quarantined or caring for others due to coronavirus. I will be asking
Congress to take legislative action to extend this relief.
Because of the economic policies that
we have put into place over the last three years, we have the greatest
economy anywhere in the world by far. Our banks and financial
institutions are fully capitalized and incredibly strong. Our
unemployment is at a historic low. This vast economic prosperity gives
us flexibility, reserves and resources to handle any threat that comes
our way.
This is not a financial crisis; this
is just a temporary moment of time that we will overcome together as a
nation and as a world. However, to provide extra support for American
workers, families and businesses, tonight I am announcing the following
additional actions. I am instructing the small business administration
to exercise available authority to provide capital and liquidity to
firms affected by the coronavirus. Effective immediately the SBA will
begin providing economic loans in affected states and territories. These
low interest loans will help small businesses overcome temporary
economic disruptions caused by the virus. To this end I’m asking
Congress to increase funding for this program by an additional $50
billion.
Using emergency authority, I will be
instructing the Treasury Department to defer tax payments without
interest or penalties for certain individuals and businesses negatively
impacted. This action will provide more than $200 billion of additional
liquidity to the economy. Finally, I am calling on Congress to provide
Americans with immediate payroll tax relief. Hopefully they will
consider this very strongly.
We are at a critical time in the fight
against the virus. We made a life-saving move with early action on
China. Now we must take the same action with Europe. We will not delay. I
will never hesitate to take any necessary steps to protect the lives,
health and safety of the American people. I will always put the well
being of America first. If we are vigilant, and we can reduce the chance
of infection, which we will, we will significantly impede the
transmission of the virus. The virus will not have a chance against us.
No nation is more prepared or more resilient than the United States. We
have the best economy, the most advanced health care, and the most
talented doctors, scientists and researchers anywhere in the world. We
are all in this together.
We must put politics aside, stop the
partisanship, and unify together as one nation and one family. As
history has proven time and time again, Americans always rise to the
challenge and overcome adversity. Our future remains brighter than
anyone could imagine. Acting with compassion and love, we will heal the
sick, care for those in need, help our fellow citizens and emerge from
this challenge stronger and more unified than ever before. God bless
you, and God bless America. Thank you.
https://thehill.com/homenews/administration/487163-read-president-trumps-oval-office-address-about-coronavirus-pandemic
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