so, they do not have the earning premium from a degree, but they do have the debt. those are not, in the aggregate, privileged or well off folks. i would also know that there are a bunch of governors doing gas tax holidays and things like that. i was reading the news today. it struck me that unlike the student debt conversation, people no one is like, well, what about people who don t have cars? are they going to be upset if there s a gas tax holiday? it s so interesting how this is the reflexive flame work framework for this policy debate. but when you talk about other debates, people that don t have cars, they don t figure in the equivalent debate. and there s very little discussion around military spending, around what the defense budgets increases would do for inflation. suggested that this would have an overall macro economic impact of 250 billion dollars, which is substantial. but not outside of what
cars, they don t figure in the equivalent debate. and there s very little discussion around military spending, around what the defense budgets increases would do for inflation. we have some numbers, the committee responsible for federal budgets suggested that this would have an overall macro economic impact of 250 billion dollars, which is substantial. but not outside of what congress is looking out for other policies. and more to the point, just to make a wonky point on the inflation question, the current republican argument that this will stop inflation is complicated by the fact that the current pause on student loan payments overall is really what is driving inflation. knocking off the principal long term is not really going to affect that necessarily, especially if the payment moratorium comes off an august. right. jeff stein. thank you, very much, that was
the business of the american people forward undeliverable for them by then, he there s been tremendous progress that has occurred with respect to both pandemic, as well as the economy. jobs created, 3. 6% unemployment, fastest rate of economic growth in four years. we just have increased, although that was accomplished in a deficit, which was reduced more than 250 billion dollars. in president biden s first year. that, said we still have to do things to bring down inflation, to lower costs for everyday americans. and, i think many of us, undone allusion, that the republicans in the house are going to work with us, to try to solve problems every day americans. because this time in clear they believe in governance and democracy at this particular point in time, with the exception of a handful of individuals that you mentioned, lawrence. congressman hakeem jeffries, thank you very much for joining and starting off our discussion
fastest rate of economic growth in four years. we just have increased, although that was accomplished in a deficit, which was reduced more than 250 billion dollars. in president biden s first year. that, said we still have to do things to bring down inflation, to lower costs for everyday americans. and, i think many of us, undone allusion, that the republicans in the house are going to work with us, to try to solve problems every day americans. because this time in clear they believe in governance and democracy at this particular point in time, with the exception of a handful of individuals that you mentioned, lawrence. congressman hakeem jeffries, thank you very much for joining and starting off our discussion tonight. thank you. and coming up, mary trump will join us after her uncle donald spent the weekend publicly claiming that he is not a stupid as we think he is, and after he today, became the first former president of the united states to be held in contempt by a judge. ma
and what we re talking about now is a budget that is 35 billion dollars more then president trump s budget. 25 billion dollars more than what president biden requested. and your giving it, chris, to an agency, the department of defense, which is the only major federal agency that has never been successfully audited, to account for what it does with its money. and everybody knows. there are massive cost overruns, over an ounce of fraud from defense contractors. but that s okay, not a problem. you know, you just said, if 25 billion dollar more than the budgetary requests of the white house. and that s one year. i know i m throwing a lot of numbers of people. this is what s so maddening about the situation, the one year versus the ten-year scoring. in a tenure scoring, that s 250 billion dollars. i ve been tracking all of these