'One of the things that really made things better today is this was a recognition that things have to be done. That was very reassuring,' CNBC's Jim Cramer said Tuesday.
with Senate and House Republicans to discuss "a possible payroll tax cut" and other "substantial relief" as coronavirus cases in the U.S. topped 760 with 27 deaths. Monday evening, the president floated those options to mitigate economic damage from the virus' spread.he's looking at ways to help hourly employees who could miss paychecks if they're unable to go to work.
"One of the things that really made things better today is this was a recognition that things have to be done. That was very reassuring," Cramer said. "They're putting things in place. They're going to stagger them just in case things are bad and get worse. I don't know. It's something," the "Mad Money" host added.came as U.S. stock futures were indicating a strong bounce from the worst decline on Wall Street since the 2008 financial crisis.shot up more than 800 points or 3.5% after Tuesday's open, making back a sizable chunk of Monday's over 2,000-point, or nearly 7.8%, plunge.
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