Does he have the ability to do this, do you agree with the decision . Sen. Schumer i agree with the decision and i know that he will check things out legally. Thank you, everybody. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] a we take you live to discussion on fiscal policy in the Incoming Biden Administration and congress, hosted by the brookings institution. Size i think is ambiguous and policy occur through a political process. I would rather see something that is a little bit smaller but that could pass this week or next week, rather than wait for something that is a little bit until, but will not pass february. If you look at the output gap, i think a trillion dollars is a reasonable figure for the next round of stimulus. I think democrats should be willing to take a couple hundred billion dollars less than that. Republicans should be willing to take a couple hundred billion dollars more
With the cares act in march and prevented the covid pandemic from doing even more harm to the economy and welfare of americans than it did. The cares act is essentially been spent, many people are about to lose benefits. Unless Congress Acts. And unless Congress Acts fiscal policy soon will be a drag on growth. They are still more than 11 Million People still unemployed by the official count. Most economists and certainly those gathered here today agree more fiscal support is necessary. Following that discussion, we turn to an issue predating the pandemic him one that persists. How to think about the federal debt and very low Interest Rates. Its growing and unsustainable rate. There is sentiment among comp economists for doing anything about that right now. When is a debate about how and how best to address that Going Forward. Had to balance the risk and cost. And too little Public Investment. We look at that issue with the paper posted on our website. By two veterans of economic polic
We have that manying up. The number of americans seeking unemployment aid popped last week. Add to that expiration of emergency programs, increased lockdowns. One has to wonder will Congress Step up . Or will this be a Blue Christmas for Many Americans . I will ask tennessee congressman mark green. President trump fights for reelection and targeting vote if iification in a number of states. Well get that from the trump campaigns erin perrine any. All that and more on making money. Charles the market seesawing back and forth in a narrow range. This is normal consolidation after of a recent weeks. Lockdowns impacted market only when it hit wall streets backyard did we see noticeable selling. The market understands it will take some time to reach socalled herd immunity which near term the economy could get rocky. The market understands there will be huge Central Bank Accommodation and maybe fiscal health. There are huge winners every day in the stock market. That is what investors are lea
She will join in a minute via zoom. She serves as president of the congress of the largest tribal government in the United States. Let me give you the phone numbers. Phone lines split up as usual. Democrats 202 7488000, republicans 202 7488001, independents 202 7488002, and a special line for native americans 202 7488003. About nativeg american issues and you can start calling in now. Fond sharp. D by advice going the into a lameduck congress . We need to recognize that nobody is immune from this pandemic. We are all deeply impacted. This is likely going to exceed Public Resources that Congress Might have available. We need to be Global Partners in terms of Public Health care recovery plan. We cannot solve this in isolation but come to the table. Not just every nation, but all the trave tribal nations. Are they all represented in the congress of American Indians . Tell us about that group. The National Congress of American Indians is the oldest and Largest Organization in congress of t
Today President Trumps request was answered by none other than senator ted cruz. Cruz announcing that if the u. S. Supreme Court Decides to take up the pennsylvania mailin ballot case, he stands ready to make the oral arguments on behalf of the petitioners, congressman mike kelly and republican congressional candidate sean parnell. And by extension, the president himself. Senator cruz is considered to be not only one of the smartest people to ever graduate from harvard law school, but also a brilliant debater and litigator. His offer to champion the president s fight for a free and Fair Election in court couldnt come at a more propitious moment. It comes as several key deadlines are rapidly approaching in the certification of the president ial race. Every state the is expected to certify the Election Results by tomorrow, and next monday the Electoral College is scheduled to meet to cast their votes for either President Trump or joe biden. President trump says he expects big things to c