President Trump declares national emergency over coronavirus
Mar. 13, 2020 3:36 PM ET|About: Alphabet Inc. (G O O G)|By: Liz Kiesche, SA News Editor
President Trump officially declares a national emergency, which will unlock access to $50B in funds.
He's asking hospitals to activate emergency plans.
The order also gives broad authority to the U.S.Health & Human Service Department.
Includes ability to waive some federal laws to allow telemedicine.
The president said his action will also waive interest on all student loans held by government agencies.
Will also purchase more crude oil to add to the strategic petroleum reserve. "We're going to fill it up right to the top," he said.
CMS director Seema Varma says the declaration will "suspend regulations that could get in the way of treating patients." She announced that nursing homes will restrict non-medically-necessary visitors.
Trump says a half million more coronavirus tests will be available next week.
There will be some U.S. partnering with the private sector to increase testing.
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