Ex-FDA chief says US coronavirus financial bailout needed to help curb the rapidly spreading virus

The U.S. will need a "massive financial package" to curb the spread of COVID-19, former Food and Drug Administration commissioner Scott Gottlieb told CNBC on Monday.

He said a financial bailout now to encourage those steps would cost less than one after the outbreak spreads beyond control.The U.S. will need a "massive financial package" to curb the spread of COVID-19, former Food and Drug Administration commissioner Scott Gottlieb told CNBC on Monday. "We're going to end up with a massive fiscal package, a bailout on the back end of this," he said on "." "We are better off using that money up front to help buy some of the actions that we need to mitigate this epidemic rather than spending that money on the back end after we've had a very large epidemic."

Gottlieb, a CNBC contributor who sits on the boards of Pfizer and biotech company Illumina, said the U.S. already has large outbreaks in multiple cities. He warned that if the country does not commit to strong mitigation efforts, the outbreak could overwhelm U.S. hospitals.

No, no it doesn't. 1% of 1% is nothing to be panicked about for the virus. 24 trillion in debt is tho.

realDonaldTrump's national deficit already EXCEEDS ONE TRILLION DOLLARS, but I could see a substantial recession raising that number to well beyond two trillion dollars.

NoBailOut

Wow...we have a genius here...i think thats a given

Swamping the $

May be....

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