meta_pixel
Tapesearch Logo
Log in
The Clark Howard Podcast

3.24.20 Senate relief bill implications; Automakers making ventilators; Handling student loans; Volunteer efforts will ramp up

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.65.2K Ratings

🗓️ 24 March 2020

⏱️ 43 minutes

🧾️ Download transcript

Summary

Clark talks about the Senate relief bill that is still being negotiated. It looks like American families will be receiving direct payments from the government. But how long until we get them in our bank accounts? That is still up in the air. Automakers are stepping up their efforts to help by making respirators instead of cars. Clark talks about how to approach your student loans right now. There's help for people with federal student loans but you might have to press to get any help from a private lender. Volunteer efforts will likely start mobilizing in April to help victims of Coronavirus. Clark discusses what he thinks those efforts will entail. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

It's my pleasure to welcome you here to this special edition of the Clark Howard Show

0:09.9

as we continue covering the developments with coronavirus, how they affect your wallet,

0:16.0

the mood is being made to protect your health.

0:18.0

I want to talk about how industry is trying to adapt to make the things that we need to

0:25.1

make Americans safer.

0:26.1

I'll talk about that later.

0:28.8

Right now I want to talk about the unfolding stimulus bill.

0:33.0

It's the third one that will go through a process of being adopted by the Senate and the

0:39.3

House.

0:40.4

I can only give you the overreaching picture of how this will work because I'll tell

0:50.8

you the truth, the people involved in drafting it really don't know for sure how all the

0:56.8

layers will work out over the next several weeks.

1:01.2

But in general contours, what has been agreed upon and not likely to change from this moment

1:11.5

is $1,200 checks to individuals, smaller checks for kids and a family and the goal of the

1:19.9

government is going to be to get those checks into people's hands as quickly as possible.

1:27.6

The reason there's new data today showing how many Americans are going to run out of money

1:36.1

in the next few weeks, both American individuals and small businesses are facing a really, really

1:45.0

tough time financially.

1:48.4

And one estimate I saw is that somewhere around one in three American workers are just flat

1:57.6

out broke after one mischeck.

2:01.2

So the idea of getting money to individuals is to try to tide people over till the economy

2:11.9

in various states can start to come back alive.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Clark Howard, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Clark Howard and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.