Trump pitches economic recovery plan amid virus crisis

A key part of the president's plan is a payroll tax cut but even some Republicans are skeptical, suggesting it's a Band-Aid and not a solution.
2:14 | 03/11/20

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Transcript for Trump pitches economic recovery plan amid virus crisis
In the meantime tonight, president trump trying to ease economic fears over the coronavirus back in this country. Saying stay calm and it will go away. Tonight, the proposals on the table to ease the economic burden. Mary Bruce, asking how long should Americans be prepared for the economy to suffer as well? Reporter: On capitol hill today, the president pitched an economic recovery plan to counter the uncertainty sparked by coronavirus. Mr. President, how long should Americans be prepared for the economy to suffer? This was unexpected. It will go away. Just stay calm, it will go away. We want to protect our shipping industry and our cruise industry, cruise ships, our airline industry, very important. Everybody has to be vigilant, everyone has to be careful, but be calm. It's really working out and a lot of good things are going to Reporter: A key part of the president's plan -- a payroll tax cut. But even some Republicans are skeptical, suggesting it's more of a band-aid than a solution. To me, that sounds more like maintenance than a stimulus. Reporter: Democrats blunt in their criticism. The administration seems to believe that the answer to any problem is another tax cut. Reporter: The president says he has not been tested for the virus, even though he spent time with three people, including his new chief of stawho are now self-quarantining after coming into contact with a man who tested positive. I don't think it is a big deal. I would do it, I don't feel that any reason, I feel extremely good. I feel very good. Reporter: The virus, now top of mind in Washington. But the administration is sending mixed messages about what precautions to take. At the Pentagon, reporters were spread out in the briefing room. But at the white house, the president spoke to a packed room. In the capitol, members of congress pressed speaker Pelosi on whether they should work remotely. Her answer, "We are the captains of the ship. We are the last to leave." Today, the house speaker and treasury secretary tried to come up with a recovery plan. Options include enhancing unemployment insurance or providing paid leave to sick employees. But today, the president seemed to dismiss the proposals, saying they're too scattered.

This transcript has been automatically generated and may not be 100% accurate.

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