This is Planet Money from NPR.

As we record this, it's Friday.

We just minutes ago watched President Trump declare a national emergency in response to

the coronavirus pandemic.

This is actually the second big coronavirus presidential address this week.

On Wednesday, the president offered his plans for the economic consequences of this pandemic.

My fellow Americans, tonight I want to speak with you about our nation's unprecedented

response to the coronavirus outbreak.

Trump called for extra funds to the federal government to provide low interest loans

to small businesses.

To this end, I am asking Congress to increase funding for this program by an additional

$50 billion, using emergency authority.

He also said that he would push for an expansion of paid sick leave.

He said he would delay tax day for certain people and businesses.

Finally, I am calling on Congress to provide Americans with immediate payroll tax relief.

A payroll tax cut.

We don't have specific numbers, but this could be a massive amount of money.

This was simply put a huge week and those are huge proposals.

And we have been thinking a lot about them and wondering, are these the right proposals?

Hello and welcome to Planet Money.

I'm Kenny Malone.

And I'm Gregg Rizalski.

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