Also big new developments, we are following with the Trump Organization as it braces for criminal charges that could come as early as next week. What we know about those charges, the legal implications and what we can expect when, in fact, they are announced. And former President Donald Trump trying to keep the republican spotlight with him with a rally in ohio. What is he rallying for . Plus major action on the Voting Rights front. The doj announcing it plans to sue the State Of Georgia over its restrictive voting law, the first of its kind, Major Federal Action Against republicanled voting laws. We do, in fact, want to start in florida where rescuers and residents are clinging to hope that more survivors will, in fact, be pulled from the rubble of the champlain towers condominium as the mayor of miamidade orders a massive building inspection effort. I want to go now to surfside florida. Thanks for reporting for us on this. What more are we learning about the possible cause of this co
Also big new developments, we are following with the Trump Organization as it braces for criminal charges that could come as early as next week. What we know about those charges, the legal implications and what we can expect when, in fact, they are announced. And former President Donald Trump trying to keep the republican spotlight with him with a rally in ohio. What is he rallying for . Plus major action on the Voting Rights front. The doj announcing it plans to sue the State Of Georgia over its restrictive voting law, the first of its kind, Major Federal Action Against republicanled voting laws. We do, in fact, want to start in florida where rescuers and residents are clinging to hope that more survivors will, in fact, be pulled from the rubble of the champlain towers condominium as the mayor of miamidade orders a massive building inspection effort. I want to go now to surfside florida. Thanks for reporting for us on this. What more are we learning about the possible cause of this co
Of the United States. Its kind of our way, or the highway. Mississippi senator roger wicker on all of that very shortly, In The Meantime, to Mark Meredith on how this is all going down, fueled by not only the president stating that this is the only way to do it, republicans, at a jobs report which might have helped his argument. Mark . Reporter neil, good morning to you right that jobs report is having an impact on the discussions. President biden counting on house and Senate Democrats to pass his 1. 9 trillion Stimulus Package. Republicans want the president to reign in spending but the president made it clear yesterday that hes willing to do this on a Party Line Vote if necessary to fund a few priorit ies like the 1,400 round of stimulus checks that he wants to see go out, more money for Food Assistance programs, as well as extending those enhanced federal Unemployment Benefits. The president making it directly in a speech on friday. Others think that things are Getting Better and we
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