Thursday, March 12, 2020
Most coronavirus patients recover, still anxiety, fear loom
SEATTLE
(AP) — Amid all the fears, quarantines and stockpiling of food, it has
been easy to ignore the fact that more than 60,000 people have recovered
from the coronavirus spreading around the globe.
The
disease can cause varying degrees of illness and is especially
troublesome for older adults and people with existing health problems,
who are at risk of severe effects, including pneumonia. But for most of
those affected, coronavirus creates only mild or moderate symptoms, such
as fever and cough, with the vast majority recovering from the virus.
According
to the World Health Organization, people with mild illness recover in
about two weeks, while those with more severe ailments may take three to
six weeks to rebound. In mainland China, where the virus first
exploded, more than 80,000 people have been diagnosed, but more than
58,000 already have recovered.
Because
the difference in impact can be so great, global health authorities
have the difficult task of alerting the public to the virus’ dangers
without creating panic.
Already,
the widespread consequences of the virus have been staggering, sending
shock waves through the world’s financial markets. Global oil prices
sustained their worst percentage losses since the the Gulf War in 1991,
and new restrictions were imposed in Italy and in Israel as the Holy
Week approached.
But even some of the most vulnerable patients can fight their way through the disease.
Charlie
Campbell’s father, 89-year-old Eugene Campbell, has been diagnosed with
the coronavirus and is hospitalized in Edmonds, Washington. Charlie
Campbell said his father’s doctor is cautiously optimistic, adding,
“Under normal circumstances, he would discharge my dad, but these aren’t
normal circumstances.”
Eugene
Campbell came to the hospital from Life Care Center, a nursing home in
Kirkland that has been linked to nineteen of Washington state’s 23
coronavirus deaths.
“We
went and saw him yesterday and he looked pretty good,” Campbell said,
noting that his father is breathing normally and his vital signs and
heart rate are good. “He may be the oldest person to recover from
coronavirus.”
For
some who’ve been quarantined, anxiety and dread that they will become
stigmatized by friends, neighbors and co-workers have made them
reluctant to acknowledge even the most modest health impact. A few
patients with the virus who were interviewed by The Associated Press —
all of them passengers on the Diamond Princess cruise ship that ended up
quarantined off Japan — described symptoms that were no stronger than a
regular cold or flu.
“It’s
been a 2 on a scale of 10,” said Carl Goldman, hospitalized in Omaha,
Nebraska, since Feb. 17, after developing a 103-degree fever on a
chartered flight from Japan to the U.S.
Goldman
is staying hydrated with Gatorade. He said he continued coughing more
than two weeks after he first got sick, but would probably only have
missed one day of work if he had been diagnosed with the cold or flu. He
stays active by pacing in his room, trying to match his pre-sickness
routine of 10,000 daily steps on the pedometer.
“I totally get this is where I need to be and I need to be cleared of this before I’m released,” he said.
Greg
Yerex, who was diagnosed along with his wife, Rose Yerex, on the
Diamond Princess, said he had no symptoms and felt as healthy as he did
on any other normal day.
“If
I was home, I would be out doing everything I normally do,” he said in
an interview conducted via Facebook calls when the couple were still
hospitalized in Nagoya, Japan. Rose Yerex tested negative when she got
to the hospital.
For
Greg Yerex, it was the couple’s mental health that faced the biggest
threat as they they spent days in quarantine, isolated from friends and
family and deprived of any direct human contact.
“It’s like being a prisoner,” he said. “You pace, you worry, you fret, you imagine all sorts of things. You have no control.”
Greg
Yerez said that he and hsi wife, who have since been released from the
hospital, plan to go to counseling to work through the mental stress
they experienced.
Fellow cruise passenger Rebecca Frasure knows how they feel.
“I
don’t get to speak with anyone,” she said in a Facebook call while
still hospitalized in Nagoya. “I have a little window in my room, but
cannot leave. The only contact I have is through Facebook messenger. I
would never wish this on anyone.”
Frasure
said one of the things she found most frustrating was waiting for her
test results to come back. Patients who have been diagnosed with the
virus must have two consecutive negative tests before they can be
released.
Frasure is now out of the hospital, but is worried about being stigmatized by her home community.
“Are
they going to be afraid?” she wondered. ”Are they going to criticize me
for being home, thinking I brought virus back with me?”
___
This story corrects that the Gulf War was in 1991, not 1999.
___
Milko reported from Jakarta, Indonesia.
___
The
Associated Press Health and Science Department receives support from
the Howard Hughes Medical Institute’s Department of Science Education.
The AP is solely responsible for all content.
CNN's Don Lemon, Kasich have heated exchange over Trump's coronavirus address
CNN anchor Don Lemon had a "total meltdown" according to critics on Wednesday night after a guest on his show told him that President Trump's coronavirus address from the Oval Office was "fine."
Lemon, who has repeatedly insisted that he is 'not a partisan,' had on former 2016 presidential candidate-turned-CNN contributor John Kasich to discuss the latest developments in the Trump administration's handling of the coronavirus outbreak. The anchor accused Trump of "misrepresenting" the travel ban that was set on Europe after the White House offered clarification on what was affected.
"Look, I watched the address tonight and I thought it was fine. He did fine," Kasich said. "I'm glad he did the address tonight and I think that was important."
Kasich urged the president to "stick to the script" and said governors will have a major role in combatting the virus.
However, none of that apparently sat well with the CNN anchor.
"I don't know if he stuck to the script or not, but whatever script he read was wrong because they had to clarify it several times," Lemon complained. "And I've just got to say if the president came out to calm people's fears, he didn't do a good job of it because he had to come back and clarify it several times! And this has been going on long enough for them to get it straight! We need straight, accurate information from this president and this administration and we're not getting it!"
His tirade continued, "And I don't understand why you're tip-toeing around it. He came out, gave an address that's usually- that happens very rarely he doesn't get it right?!"
"First of all, he read it," Kasich responded. "And somebody- I don't want to get into that."
"Why not?! That's why you're here!" Lemon exclaimed. "To talk about the president's address!"
"Can I finish?" the former Ohio governor attempted to complete his thought.
"No, no you can't, John!" the anchor shouted. "Because we're here to talk about the president- I don't want you to go on and deflect and talk about something else because we're here to talk about the president's address. And you said that someone else wrote it- he's the president! Even if someone else wrote it, it should be right!"
Kasich, a longtime critic of the president, defended the Trump administration, telling Lemon they were attempting to address the "confusion out there."
"Now there's more confusion, John!" Lemon shot back.
After engaging in another fiery exchange, Kasich reiterated his belief that Trump's address was "fine."
"I thought it was fine. You can disagree with me. I thought it was fine," Kasich told his colleague. "I thought he had the right tone and he no longer played with 'We're going to blame Democrats'... I hope he's trying to move forward because he understands the seriousness of this situation. Now the fact that they clarified- it isn't unusual in a speech for somebody to clarify something, OK? But I don't think that the tone he showed tonight takes away from some clarification. I think he set a serious tone. That's what I wanted out of him for a long time. And I think we got it."
After Lemon claimed he tried "cutting Trump a break" at the top of his show, Kasich then pressed Lemon on what he thought was so "terrible" about the clarification."
"I never said I thought it was terrible. I'm telling you we're in the middle of a pandemic right now," Lemon said. "We're in the middle of a pandemic and everytime this president comes out, he gives inaccurate information. So I don't understand why he would even come out and do it at all if he is going to confuse the American people even more! You don't understand that? You're a governor! I'm surprised you don't understand that!"
Lemon shook his head after Kasich insisted that "98 percent" of Trump's address "was good."
"I think I made my case here. If the president is going to come out and confuse people more, then don't say anything," Lemon concluded.
The CNN anchor was widely panned on social media.
"I'm surprised actually shocked. Don Lemon has lost his mind," game show icon Chuck Woolery declared.
Lemon, who has repeatedly insisted that he is 'not a partisan,' had on former 2016 presidential candidate-turned-CNN contributor John Kasich to discuss the latest developments in the Trump administration's handling of the coronavirus outbreak. The anchor accused Trump of "misrepresenting" the travel ban that was set on Europe after the White House offered clarification on what was affected.
"Look, I watched the address tonight and I thought it was fine. He did fine," Kasich said. "I'm glad he did the address tonight and I think that was important."
Kasich urged the president to "stick to the script" and said governors will have a major role in combatting the virus.
However, none of that apparently sat well with the CNN anchor.
"I don't know if he stuck to the script or not, but whatever script he read was wrong because they had to clarify it several times," Lemon complained. "And I've just got to say if the president came out to calm people's fears, he didn't do a good job of it because he had to come back and clarify it several times! And this has been going on long enough for them to get it straight! We need straight, accurate information from this president and this administration and we're not getting it!"
His tirade continued, "And I don't understand why you're tip-toeing around it. He came out, gave an address that's usually- that happens very rarely he doesn't get it right?!"
"First of all, he read it," Kasich responded. "And somebody- I don't want to get into that."
"Why not?! That's why you're here!" Lemon exclaimed. "To talk about the president's address!"
"Can I finish?" the former Ohio governor attempted to complete his thought.
"No, no you can't, John!" the anchor shouted. "Because we're here to talk about the president- I don't want you to go on and deflect and talk about something else because we're here to talk about the president's address. And you said that someone else wrote it- he's the president! Even if someone else wrote it, it should be right!"
Kasich, a longtime critic of the president, defended the Trump administration, telling Lemon they were attempting to address the "confusion out there."
"Now there's more confusion, John!" Lemon shot back.
After engaging in another fiery exchange, Kasich reiterated his belief that Trump's address was "fine."
"I thought it was fine. You can disagree with me. I thought it was fine," Kasich told his colleague. "I thought he had the right tone and he no longer played with 'We're going to blame Democrats'... I hope he's trying to move forward because he understands the seriousness of this situation. Now the fact that they clarified- it isn't unusual in a speech for somebody to clarify something, OK? But I don't think that the tone he showed tonight takes away from some clarification. I think he set a serious tone. That's what I wanted out of him for a long time. And I think we got it."
After Lemon claimed he tried "cutting Trump a break" at the top of his show, Kasich then pressed Lemon on what he thought was so "terrible" about the clarification."
"I never said I thought it was terrible. I'm telling you we're in the middle of a pandemic right now," Lemon said. "We're in the middle of a pandemic and everytime this president comes out, he gives inaccurate information. So I don't understand why he would even come out and do it at all if he is going to confuse the American people even more! You don't understand that? You're a governor! I'm surprised you don't understand that!"
Lemon shook his head after Kasich insisted that "98 percent" of Trump's address "was good."
"I think I made my case here. If the president is going to come out and confuse people more, then don't say anything," Lemon concluded.
The CNN anchor was widely panned on social media.
"I'm surprised actually shocked. Don Lemon has lost his mind," game show icon Chuck Woolery declared.
Andy Puzder: Trump coronavirus response will protect America’s economy, workers and businesses
Showing strong and effective leadership when we need it most, President Trump addressed the nation Wednesday night and unveiled a two-pronged program of health and economic actions to deal with the coronavirus pandemic.
The president’s action plan should win bipartisan support to respond to the most serious health and humanitarian crisis our nation has faced in my nearly seven decades.
“We are all in this together,” the president correctly said. “We must put politics aside, stop the partisanship.” He called on America to fight the pandemic “together as one nation and one family.”
We can only hope that those on both sides of the political aisle will heed his call to respond as one nation and one people, as our leaders have done so often in our past when facing a crisis.
While the coronavirus pandemic is a medical crisis, President Trump pointed out that it “is not a financial crisis.”
That’s a crucial point we should all remember. This pandemic is unlike the savings and loan crisis of the late 1970s, the tech bubble in the late 1990s, or the real estate bubble of 2007. Our nation’s economic fundamentals are strong.
There is no underlying economic fault that must be corrected before our economy can recover. As the president noted, “our banks and financial institutions are fully capitalized and incredibly strong.”
Unemployment is consistently at 50-year lows and we have 1 million more job openings than people unemployed. The Atlanta Federal Reserve’s GDPNow forecasting model is projecting 3.1 percent gross domestic product growth for the first quarter of this year, with only three weeks left in the quarter.
When the coronavirus pandemic subsides – and it will – our economy and the financial markets will come roaring back.
More from Opinion
To ease that pain for American workers, the president promised to take “unprecedented” action to financially protect the workers who must stay home and miss work because they are ill, quarantined or caring for others infected with the coronavirus. And he called on Congress to take legislative action to extend that relief.
In addition, President Trump said he has instructed the Small Business Administration to provide capital to communities impacted by the virus by extending low-interest loans to help small businesses overcome the disruptions that are occurring and will occur as we address this virus.
The president asked Congress to expand the funds available for this program for small businesses by an additional $50 billion. This is a major expansion and its benefits should reverberate across the economy.
The $50 billion will be instrumental in helping small businesses stay in business and retain their employees as they deal with the temporary disruptions the coronavirus is causing. This is a good investment in the businesses and jobs that drive our economy.
Using his emergency authority, President Trump said he is also instructing the Treasury Department to defer income tax payments currently due April 15 without interest or penalties for individuals and businesses negatively impacted by the coronavirus. This will provide our economy with an additional $200 billion in liquidity.
Finally, the president called on Congress to grant Americans immediate payroll tax relief that he hopes Congress will consider “very strongly.”
In 2009, under President Barack Obama, Congress authorized a 2 percent payroll tax cut. It sounded like President Trump wanted a larger cut. This would put additional money in the pockets of American workers while we deal with this crisis.
In a broader economic context, the President is suspending all travel from Europe (with the exception of the United Kingdom) to the U.S. While necessary to limit the spread of the disease caused by the coronavirus, there will be some negative economic implications (cargo from Europe will be allowed into the U.S., although people transporting cargo will not).
On the positive side, the coronavirus appears to be on the decline in China and South Korea. The Trump administration is reevaluating the restrictions and warnings currently in place with respect to those nations and will consider the possibility of an “early opening.”
That could reopen essential supply chains and help China fulfill its obligation to purchase $200 billion in U.S. goods under the Phase One trade deal with China.
Americans should take heart. As President Trump stated, “no nation is more prepared or more resilient than the United States.” We have a highly qualified team headed by Vice President Mike Pence that is organizing our fight against the coronavirus and we have a president who is “marshaling the full power of the federal government and the private sector to protect the American people.”
The coronavirus knows no party lines. It is indiscriminate. As a unified nation, we can address this virus effectively and aggressively. The president is doing everything within his powers and has issued a call to action to Congress.
It is up to our congressional leaders to respond. Honestly, I hope – and, in my heart of hearts, I believe – that they will.
Coronavirus news appears to increase as outbreak spreads
The night of March 11, 2020, may be remembered as the point where the coronavirus outbreak reached a new level of seriousness in the U.S.
In a span of just two hours, Americans heard a stunning series of announcements as the spread of the virus – also known as COVID-19 -- continued.
Around 9 p.m. ET, President Trump told the nation from the Oval Office that he was calling for a temporary halt on air travel to the U.S. from Europe, excluding flights from Britain and those carrying cargo, in a bid to contain the spread of the virus.
"The virus will not have a chance against us. No nation is more prepared, or more resilient," Trump said.
Around the same time, the NBA announced it was suspending its basketball season until further notice, after a Utah Jazz player tested positive.
Then around 11 p.m., New York Gov. Andrew Cuomo announced the postponement of New York City’s St. Patrick’s Day Parade – a tradition older than America itself.
The four announcements came on the same day the World Health Organization declared the outbreak a pandemic and as confirmed U.S. cases topped the 1,200 mark – and as the nation grappled with a problem for which no clear end was immediately in sight.
All around the U.S., public gatherings such as conventions, conferences and concerts -- even TV shows with live audiences – were being called off or scaled back.
March Madness? The college basketball games will be played with only “essential staff and limited family attendance,” NCAA President Mark Emmert said Wednesday, according to the Indianapolis Star.
Public tours of the White House and U.S. Capitol? Those were temporarily halted as well -- “in an abundance of caution,” the White House said on its phone line for visitor information, the Washington Examiner reported.
As of early Thursday, more than 110 nations had reported at least one case of the novel coronavirus, Time magazine reported.
More than 126,000 cases have been reported worldwide, including more than 68,000 recoveries, according to reports. The global death toll stood early Thursday at more than 4,600.
In a span of just two hours, Americans heard a stunning series of announcements as the spread of the virus – also known as COVID-19 -- continued.
Around 9 p.m. ET, President Trump told the nation from the Oval Office that he was calling for a temporary halt on air travel to the U.S. from Europe, excluding flights from Britain and those carrying cargo, in a bid to contain the spread of the virus.
"The virus will not have a chance against us. No nation is more prepared, or more resilient," Trump said.
"The virus will not have a chance against us. No nation is more prepared, or more resilient."Around 10 p.m. actor Tom Hanks revealed he and wife Rita Wilson had tested positive for the virus while in Australia.
— President Trump
Around the same time, the NBA announced it was suspending its basketball season until further notice, after a Utah Jazz player tested positive.
Then around 11 p.m., New York Gov. Andrew Cuomo announced the postponement of New York City’s St. Patrick’s Day Parade – a tradition older than America itself.
The four announcements came on the same day the World Health Organization declared the outbreak a pandemic and as confirmed U.S. cases topped the 1,200 mark – and as the nation grappled with a problem for which no clear end was immediately in sight.
All around the U.S., public gatherings such as conventions, conferences and concerts -- even TV shows with live audiences – were being called off or scaled back.
March Madness? The college basketball games will be played with only “essential staff and limited family attendance,” NCAA President Mark Emmert said Wednesday, according to the Indianapolis Star.
Public tours of the White House and U.S. Capitol? Those were temporarily halted as well -- “in an abundance of caution,” the White House said on its phone line for visitor information, the Washington Examiner reported.
As of early Thursday, more than 110 nations had reported at least one case of the novel coronavirus, Time magazine reported.
More than 126,000 cases have been reported worldwide, including more than 68,000 recoveries, according to reports. The global death toll stood early Thursday at more than 4,600.
Wednesday, March 11, 2020
Coronavirus cases in US exceed 1,000, as Michigan sees its first cases
The total amount of coronavirus cases in the U.S. surpassed 1,000 on Tuesday night, with the virus officially being reported in all but 12 states.
Various events have been canceled throughout the country as health officials warn about attending large-scale gatherings. At least 28 deaths have been reported.
"We would like the country to realize that as a nation, we can't be doing the kinds of things we were doing a few months ago," Dr. Anthony Fauci, a top official at the National Institute of Allergy and Infectious Diseases said during a White House press briefing.
Kirkland Fire and Rescue ambulance workers walk back to a vehicle
after a patient was loaded into an ambulance, Tuesday, March 10, 2020,
at the Life Care Center in Kirkland, Wash., near Seattle. (AP Photo/Ted
S. Warren)
He referenced guidelines by the White House advising people to clean their hands regularly and avoid handshakes. You should also start making habits like covering coughs and sneezes and refraining from touching your face. The CDC is advising those over 60 with underlying health conditions to avoid crowded places, unnecessary travel, and to stock up on supplies.
Gov. Gretchen Whitmer, D-Mich., announced the state's first cases on Tuesday night and declared a state of emergency "to harness our resources across state government to slow the spread of the virus."
One case is an adult female from Oakland County with recent international travel and the other is an adult male from Wayne County with recent domestic travel.
"It's crucial that all Michiganders continue to take preventative measures to lower their risk, and to share this information with their friends, family, and co-workers," she added.
This photo provided by Laurie Miller shows passengers as they get
ready to disembark the Grand Princess in Oakland, Calif., Tuesday, March
10, 2020. California Gov. Gavin Newsom urged the state's nearly 40
million residents to avoid sporting events, concerts and large
gatherings to prevent the spread of the coronavirus and adamantly warned
the elderly to stay away from cruise ships as he pondered measures to
restrict cruise travel off the California coast. (Laurie Miller via AP)
The patient from Wayne county is currently under isolation and officials recommend residents continue to practice prevention measures to slow the spread of COVID-19.
Local health departments are working to identify anyone who had come into close contact with those cases.
The spread of COVID-19 has quickened in the U.S. in recent days. Over 100 new cases have been announced on average per day since Saturday. More than 100 people have tested positive New York, California and Washington State
“Although we keep coming in and saying -- appropriately -- that as a nation the risk is relatively low, there are parts of the country right now that are having community spread in which the risk there is clearly a bit more than that,” Fauci added, referring to those three states.
Gov. Andrew Cuomo, D-N.Y., sent the National Guard and announced a one-mile "containment zone" for the city of New Rochelle on Tuesday in an effort to contain the spread of the virus.
“New Rochelle at this point is probably the largest cluster in the U.S. of these cases,” he said. “It’s a significant issue for us.”
Symptoms of the coronavirus -- fever, cough, and shortness of breath -- may appear between two to 14 days due to its reported incubation period.
Various events have been canceled throughout the country as health officials warn about attending large-scale gatherings. At least 28 deaths have been reported.
"We would like the country to realize that as a nation, we can't be doing the kinds of things we were doing a few months ago," Dr. Anthony Fauci, a top official at the National Institute of Allergy and Infectious Diseases said during a White House press briefing.
He referenced guidelines by the White House advising people to clean their hands regularly and avoid handshakes. You should also start making habits like covering coughs and sneezes and refraining from touching your face. The CDC is advising those over 60 with underlying health conditions to avoid crowded places, unnecessary travel, and to stock up on supplies.
Gov. Gretchen Whitmer, D-Mich., announced the state's first cases on Tuesday night and declared a state of emergency "to harness our resources across state government to slow the spread of the virus."
One case is an adult female from Oakland County with recent international travel and the other is an adult male from Wayne County with recent domestic travel.
"It's crucial that all Michiganders continue to take preventative measures to lower their risk, and to share this information with their friends, family, and co-workers," she added.
The patient from Wayne county is currently under isolation and officials recommend residents continue to practice prevention measures to slow the spread of COVID-19.
Local health departments are working to identify anyone who had come into close contact with those cases.
The spread of COVID-19 has quickened in the U.S. in recent days. Over 100 new cases have been announced on average per day since Saturday. More than 100 people have tested positive New York, California and Washington State
“Although we keep coming in and saying -- appropriately -- that as a nation the risk is relatively low, there are parts of the country right now that are having community spread in which the risk there is clearly a bit more than that,” Fauci added, referring to those three states.
Gov. Andrew Cuomo, D-N.Y., sent the National Guard and announced a one-mile "containment zone" for the city of New Rochelle on Tuesday in an effort to contain the spread of the virus.
“New Rochelle at this point is probably the largest cluster in the U.S. of these cases,” he said. “It’s a significant issue for us.”
Symptoms of the coronavirus -- fever, cough, and shortness of breath -- may appear between two to 14 days due to its reported incubation period.
US Treasury likely to push back April 15 tax filing deadline, Report
The Trump administration
is likely to extend the April 15 tax deadline as part of an effort to
mitigate the effects of the novel coronavirus on U.S. households and
businesses, according to an administration official and another person
familiar with the matter.
Neither the decision to extend the deadline nor the mechanics of how such an extension might work are yet final.
Normally, individuals must pay their prior year’s taxes by April 15 or face penalties and interest charges. People can already get extensions through mid-October to file their returns as long as they have paid on time by mid-April. This decision would go further than that.
Extending the tax filing deadline would effectively act as a bridge loan for individuals and businesses facing disruptions from the virus. Treasury officials are still considering how far the filing deadline may be pushed back and who would be eligible for the extension, according to the person familiar with the discussions.
Officials believe they have the legal authority to waive penalties on late tax payments if they move back the filing date and are exploring whether they have the ability to waive the interest under an emergency disaster declaration.
Extending the deadline would also have temporary implications for the federal budget and borrowing. The Treasury depends on estimates of federal revenues to ensure it has enough cash to keep paying the government’s bills on time.
Delaying tax payments could force the Treasury to borrow more in the near-term. April is the largest month for federal tax payments; last year, Treasury collected $333 billion in individual income taxes that month.
Earlier Tuesday, House Democrats asked the IRS whether the government should consider pushing back the April 15 deadline, mentioning the government’s existing authority to extend deadlines and waive penalties. The IRS often extends filing deadlines in affected areas after natural disasters, and the tax code specifically authorizes the Treasury to grant delays following presidentially declared disasters.
Besides the main April 15 deadline for individuals, there are also other tax deadlines for estimated payments and other types of taxpayers.
The Internal Revenue Service and the White House didn’t respond to requests for comment.
Although the IRS has largely been operating normally, many taxpayer interactions do occur face-to-face, including at clinics for low-income taxpayers and assistance centers run by the IRS. Taxpayers also often meet in person with tax practitioners.
As of the end of February, the IRS had received 59 million returns, or less than half the total it expects to get during the full filing season.
President Trump this week outlined a slate of policy options the administration is considering to help cushion the U.S. economy from the effects of the widening epidemic, including a payroll tax cut, paid sick leave expansion and emergency lending for small businesses. While some of the major initiatives would require legislation, officials have said they are also weighing proposals that could be done through administrative action.
Mr. Trump met with Senate Republicans to discuss the proposals Tuesday, and Treasury Secretary Steven Mnuchin began negotiations with House Speaker Nancy Pelosi (D., Calif.) over a stimulus package. The House is aiming to vote on something before it leaves Washington on Thursday, likely a measure aimed at helping workers, a congressional aide said.
Among the other ideas Republicans are discussing, according to a person in the meeting, are expanding a tax credit for family-leave programs that Congress created in 2017; fixing an error in the 2017 law that affects retailers and restaurants; and delaying estimated tax payments.
Write to Kate Davidson at kate.davidson@wsj.com, Richard Rubin at richard.rubin@wsj.com and Andrew Restuccia at Andrew.Restuccia@wsj.com
Neither the decision to extend the deadline nor the mechanics of how such an extension might work are yet final.
Normally, individuals must pay their prior year’s taxes by April 15 or face penalties and interest charges. People can already get extensions through mid-October to file their returns as long as they have paid on time by mid-April. This decision would go further than that.
Extending the tax filing deadline would effectively act as a bridge loan for individuals and businesses facing disruptions from the virus. Treasury officials are still considering how far the filing deadline may be pushed back and who would be eligible for the extension, according to the person familiar with the discussions.
Officials believe they have the legal authority to waive penalties on late tax payments if they move back the filing date and are exploring whether they have the ability to waive the interest under an emergency disaster declaration.
Extending the deadline would also have temporary implications for the federal budget and borrowing. The Treasury depends on estimates of federal revenues to ensure it has enough cash to keep paying the government’s bills on time.
Delaying tax payments could force the Treasury to borrow more in the near-term. April is the largest month for federal tax payments; last year, Treasury collected $333 billion in individual income taxes that month.
Earlier Tuesday, House Democrats asked the IRS whether the government should consider pushing back the April 15 deadline, mentioning the government’s existing authority to extend deadlines and waive penalties. The IRS often extends filing deadlines in affected areas after natural disasters, and the tax code specifically authorizes the Treasury to grant delays following presidentially declared disasters.
Besides the main April 15 deadline for individuals, there are also other tax deadlines for estimated payments and other types of taxpayers.
The Internal Revenue Service and the White House didn’t respond to requests for comment.
Although the IRS has largely been operating normally, many taxpayer interactions do occur face-to-face, including at clinics for low-income taxpayers and assistance centers run by the IRS. Taxpayers also often meet in person with tax practitioners.
As of the end of February, the IRS had received 59 million returns, or less than half the total it expects to get during the full filing season.
President Trump this week outlined a slate of policy options the administration is considering to help cushion the U.S. economy from the effects of the widening epidemic, including a payroll tax cut, paid sick leave expansion and emergency lending for small businesses. While some of the major initiatives would require legislation, officials have said they are also weighing proposals that could be done through administrative action.
Mr. Trump met with Senate Republicans to discuss the proposals Tuesday, and Treasury Secretary Steven Mnuchin began negotiations with House Speaker Nancy Pelosi (D., Calif.) over a stimulus package. The House is aiming to vote on something before it leaves Washington on Thursday, likely a measure aimed at helping workers, a congressional aide said.
Among the other ideas Republicans are discussing, according to a person in the meeting, are expanding a tax credit for family-leave programs that Congress created in 2017; fixing an error in the 2017 law that affects retailers and restaurants; and delaying estimated tax payments.
Write to Kate Davidson at kate.davidson@wsj.com, Richard Rubin at richard.rubin@wsj.com and Andrew Restuccia at Andrew.Restuccia@wsj.com
Subscribe to:
Posts (Atom)
-
Tit for Tat ? ROCHESTER, N.Y. (AP) — A statue of abolitionist Frederick Douglass was ripped from its base in Rochester on the an...
-
NEW YORK (AP) — As New York City faced one of its darkest days with the death toll from the coronavirus surging past 4,000 — more th...