President Trump declared a national emergency on Friday to help the country combat the coronavirus outbreak, announcing that he will invoke the Stafford Act that would quickly free up access to up to $50 billions in financial assistance to fight the pandemic.
“To unleash the full power of the federal government … I am officially declaring a national emergency,” Trump said in an address from the White House Rose Garden. “Two very big words. The action I am taking will open up access to up to $50 billion…and a large amount of money for states, territories and localities.”
By making the emergency declaration, Trump will allow FEMA to tap into more than $40 billion from the Disaster Relief Fund to help states combat the virus.