Top execs from Netflix, Disney, Salesforce and more call on Congress to provide $1 trillion in coronavirus relief to local governments

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Top execs from Netflix, Disney, Salesforce and more call on Congress to provide $1 trillion in coronavirus relief to local governments
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The House of Representatives passed a bill that includes $1 trillion for local governments, but the Senate is not expected to pass it.

"Reopening our economies is a welcome step forward, but the success of our efforts ultimately relies on building greater confidence among consumers that it is safe to shop and greater certainty for workers that the services they rely on to do their jobs will remain in place. Without that, we will be a re-opened economy in name only."

The letter went on to say that without additional assistance from the federal government, childcare, job training and small business support "will all be forced up on the chopping block." "It will protect core government services like public health, public safety, public education and help people get back to work. This funding will help our states and cities – and America's economy – come out of this crisis stronger and more resilient," the letter said of the $1 trillion in funding for local governments.

Newsom said he anticipates the unemployment rate to climb up to 25% as the pandemic continues to hit the economy.Dear Speaker Pelosi, Leader McConnell, Leader McCarthy and Leader Schumer:

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