Good morning. Is it just me, or does every day now feel like a week?
Today's word count is 1,338, or a 5-minute read.
Illustration: Aïda Amer/Axios
President Trump is eager to ease off of stringent coronavirus mitigation steps "soon," he said yesterday, but that would have a calamitous impact on Americans' health — and it's not clear how much it would help the economy, either.
Why it matters: For now, the only way to avoid large numbers of deaths is to keep people away from each other to stop the virus' spread. And as long as the coronavirus is spreading, it’s likely to hurt the economy.
Driving the news: "This is a medical problem. We are not going to let it turn into a long-lasting financial problem," Trump said in a press conference yesterday.
Between the lines: Missing from Trump’s rhetoric is any real acknowledgement that the situation is going to get worse in the near term.
"A policy of returning people to work too soon should be called the 'let old people die already’ policy," a former Trump administration official told me.
The big picture: The number of confirmed U.S. cases is still rising at an alarming rate — and that's not counting the thousands who have it but are unable to get tested.
Reality check: The choice between saving lives and saving the economy may not even be a real one.
The response to the coronavirus outbreak is increasingly taxing Americans' mental and emotional health, according to the second installment of our Axios-Ipsos Coronavirus Index.
By the numbers: Last week, just 29% of the people we surveyed said their emotional well-being had gotten worse lately, Axios' Sam Baker writes.
Between the lines: This change was particularly evident among people who said they've had to start working from home, and our survey showed a sharp uptick in the number of Americans who have started undertaking various social-distancing measures.
Washington state, West Virginia, Indiana, Oregon and Michigan on Monday issued statewide stay-at-home orders to curb the spread of the coronavirus.
A procedural vote on Senate Republicans' $1.8 trillion Phase 3 stimulus package failed on Monday for the second time in less than 24 hours.
"A man has died and his wife is under critical care after the couple, both in their 60s, ingested chloroquine phosphate," one of the anti-malaria drugs that President Trump has mentioned in recent days, according to Banner Health, the hospital system that treated both patients.
Gov. Gina Raimondo of Rhode Island issued an executive order Monday to push back the state's presidential primary from April 28 to June 2 due to concerns surrounding the coronavirus outbreak.
The U.S. Food and Drug Administration on Monday temporarily relaxed certain policy guidelines that could allow manufacturers to produce more ventilators.
Sen. Lindsey Graham (R-S.C.) tweeted Monday that he is basing his decisions for coronavirus policy on information from "healthcare professionals like Dr. Fauci and others, not political punditry."
Sen. Amy Klobuchar (D-Minn.) announced Monday that her husband, John Bessler, tested positive for the coronavirus and has been hospitalized.
Italy recorded 602 deaths on Monday from the coronavirus — a staggering total that could nonetheless be some cause for hope because it's the second day of decline from Saturday's high of 793, Axios' Dave Lawler reports.
In the coming months, the decisions world leaders make — and their ability to communicate them effectively — could determine whether millions live or die, and whether the global economy stays afloat, Dave writes.
German Chancellor Angela Merkel has tested negative for COVID-19, her spokesperson said Monday, per AP.
The International Olympic Committee acknowledged for the first time Sunday that it may have to postpone the 2020 Tokyo Games — an outcome that once felt impossible but now, amid mounting external pressure, feels inevitable.
Health care workers and scientists have been sending in hundreds of suggestions, through the Journal of the American Medical Association, for how hospitals and clinicians can conserve their supplies of masks and other protective gear.
Why it matters: Hospitals are either out of these supplies already or will be soon enough, so crowdsourcing ideas of how to stem the shortages could save lives.
A few ideas stuck out to Axios' Bob Herman:
In just four days, General Motors fast-tracked a plan to help a stretched medical device company build 200,000 badly needed ventilators to treat coronavirus patients, Axios' Joann Muller reports.
Why it matters: It's not only a symbol of GM's significant industrial might 11 years after a government-brokered bankruptcy. It also shows how President Trump is squeezing American businesses to act.
What's happening: GM worked "around the clock" over the weekend to secure suppliers for the parts needed to help Ventec Life Systems dramatically boost ventilator output, the automaker said Monday.
Yes, but: A company can't build a car — or a ventilator — unless it has all the parts.
Illustration: Sarah Grillo/Axios
Lobbyists are racing to grab a piece of the stimulus package lawmakers are still trying to hammer out on Capitol Hill, Bob writes.
The intrigue: The chance for federal bailouts has motivated small players to make bigger investments, and some nontraditional parties are spending their first lobbying dollars.
Thanks again to those who send these in!