White House readying emergency coronavirus budget request

In this Saturday, Feb. 22, 2020, photo, a woman wearing a protective face mask works in a weaving factory in Hangzhou in east China's Zhejiang province. Regulators on Monday promised tax cuts and other aid to help companies recover from China's virus outbreak and expressed confidence the ruling Communist Party's growth targets can be achieved despite anti-disease controls that shut down much of the economy. (Chinatopix via AP)

In this photo taken Saturday, Feb. 22, 2020, a chef looks out from behind a display of food products at a restaurant in Beijing, China. Regulators on Monday promised tax cuts and other aid to help companies recover from China's virus outbreak and expressed confidence the ruling Communist Party's growth targets can be achieved despite anti-disease controls that shut down much of the economy. (AP Photo/Ng Han Guan)

FILE - In this Feb. 13, 2020 file photo, Secretary of Health and Human Services Alex Azar testifies on Capitol Hill in Washington. Democrats controlling the House wrote HHS Secretary Alex Azar earlier this month to request funds to help speed development of a coronavirus vaccine, expand laboratory capacity, and beef up screening efforts at U.S. entry points. Azar is slated to testify before the Senate Appropriations Committee on Tuesday, and the U.S. response to the outbreak is sure to be a major topic. (AP Photo/J. Scott Applewhite)

WASHINGTON — The White House is readying an urgent budget request to address the deadly coronavirus outbreak whose rapid spread is spooking financial markets and restricting international travel.