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
Have five or six and here theres three major ones. Ill be a little tired tomorrow. Lets get to the first word. Heres taylor rigs. Taylor starting in europe, germany has looked at President Trumps allegation it owes large amounts to nato and the u. S. Put german accountant said theres no cannot. Theyve complained in the past most nato nations including germany dont meet the goal of sending 2 on convince of their budget. The challenger to merkel is ruling out a Donald Trump Style campaign. Martin shultze won the parties in september elections and pledge to avoid personal attacks. Social democrats are in the statistical tie with merkels Christian Democratic Led block. In the u. S. The Senate Begins hearings today on President Trumps nominee for the Supreme Court, neal gorsuch and theyre trying to get enough votes for the 60vote threshold for the streak picks and if not they will eliminate the threshold. Nd use a simple vote netanyahu threatened to dissolve his government and call early el
United states of america is changing its relationship with the people of cuba. We hope in the normalization process people of cuba will challenge. In the words of raul castro cuba agreed to nothing. The children were slaughtered in the school by the taliban. One of worst attacks in pakistan for years. Pakistan needs a strategy against all jihadi groups. The nature of terrorism has been shifting. Taking advantage of social media, the own form of propaganda. Thousands of yazidi trapped in the yazidi mountains in need of aid. They are cold and hungry, desperate to get off the mountain. The pilgrimage is a response to that. I feel a sense of relief we begin with a debate over the historic decision to restore diplomatic ties with cuba, after 50 years of hostility. The president has had the leaders of burma and china to the United States. And for that reason i would not rule out a visit from president castro. In havana, many cubans were cautiously optimistic as they celebrated the news. I am
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