Beleaguered President Trump has used his power to tell an adjourned Republican Senate and working House of Representatives that he is declaring that the outbreak of coronavirus disease (COVID-19) in the United States constitutes a national emergency. Our $19 trillion economy was expected to grow 2% this year. At 0% it equals more than $380 billion of losses.
This means that Trump is correcting or allowing to come about what were his previous misstatements this week, which caused a reign of confusion. Now the Secretary of Health and Human Services can exercise the authority to temporarily waive or modify certain requirements of the Medicare, Medicaid, and State Children’s Health Insurance programs and of the Health Insurance Portability and Accountability Act Privacy Rule throughout the duration of the public health emergency declared in response to the COVID-19 outbreak.