Mark Cuban says coronavirus changes 'everything' in US -- so leaders should 'step up'

From WWW.FOXNEWS.COM

The coronavirus relief plan that President Trump signed into law is "a good program," Mark Cuban says, but he would have done things differently.

Cuban, the billionaire owner of the NBA's Dallas Mavericks, shared his views during an appearance on Fox News' "Watters' World" on Saturday night.

"I would have set up overdraft protections for every single business," Cuban told host Jesse Watters. "The way we're doing it now, and trying to have everybody apply for a loan, that just adds friction to the process.

"And the same with the $1,200 stimulus checks," Cuban continued. "It's not that it's a bad program. It's a good program at this time. But if I would have done a little bit different. So effectively, if you have a small- or medium-sized business, we would just cover all your checks and then the Fed would reimburse your local bank for anything that you bounce.

"That way, you could keep all your employees employed, pay all your bills, pay your mortgage, pay your rent and utilities, and things can continue, somewhat at least, as normal," Cuban said.

Watters asked Cuban what... (Read more)

Submitted 1475 days ago


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