Wednesday News Executive Summary

A hellish few weeks coming, stocks' bad quarter, infrastructure bill, and more.

Jordan Candler · Apr. 1, 2020

The Latest on Coronavirus

  • “This could be a hell of a bad two weeks”: White House projects 100,000 to 240,000 coronavirus deaths as Trump tells U.S. to prepare (Fox News)

  • Stocks close historically bad quarter with losses; Dow, S&P 500, and Nasdaq all down between 15% and 24% (The Hill)

  • Larry Hogan and Gretchen Whitmer: What governors need from Washington during this health emergency (The Washington Post)

  • How South Korea reined in the outbreak without shutting everything down (NPR)

  • New Jersey backs down on gun-store closures (The Washington Free Beacon)

  • Christian round-ups continue: Seven arrested for praying near Greensboro abortion clinic during stay-at-home order (PJ Media)

Government & Politics

  • An answer to China? Trump calls for $2 trillion infrastructure bill as “Phase 4” of coronavirus response (Fox News)

  • GOP congressman introduces bill to rescind $25 million bailout after Kennedy Center lays off employees (National Review)

  • For the record: Ten insanely wasteful spending items in the relief bill (The Federalist)

  • “Millionaires don’t need a new tax break”: In ironic turnabout, Grassley blasts Pelosi’s attempt to eliminate SALT deduction cap (National Review)

  • The rule of men: DOJ IG checked 29 more FBI spy warrants and found problems with all of them (The Daily Caller)

  • Unconstitutional ban? District court finds bump-stock proscription may constitute a taking, because the federal government lacks a police power (The Volokh Conspiracy)

National Security

  • “Preparing for worst-case scenarios”: The U.S. military’s dealing with the virus — but keep it a secret (RealClearInvestigations)

  • With friends like these, who needs enemies? Chinese propaganda is now citing U.S. journalists’ and Democrats’ coronavirus rhetoric (Washington Examiner)

  • Marine Corps plans to cut tanks, shrinks F-35 squadrons to confront China (Naval Technology)

Closing Arguments

  • Policy: Even during these dark days, it’s not all bad news in the jobs market (New York Post)

  • Policy: Why it’s so hard to escape anti-poverty programs (Foundation for Economic Education)

  • Humor: BREAKING: Congress given permanent stay-at-home order for the safety of the country (Genesius Times)

For more of today’s editors’ choice headlines, visit In Our Sights.

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