Now that the Senate has decided to avoid the pesky issue of calling witnesses in an impeachment trial, Congress will get back (after the break) to legislative business, and the first order of business will be President Joe Biden’s $1.9 trillion (with a T) “American Rescue Plan.” Congress got the ball rolling on the plan when both chambers passed a 2021 budget resolution instructing various committees to come up with their respective pieces of a final bill that would include up to $1.9 trillion in new spending and revenue loss (tax cuts). Those bills were released late last week, so this will not be a deep dive into every little detail (thank goodness). Instead, today we’ll focus on the bigger picture, including the debate that’s erupted about the plan’s size, timing, and effects, and try to answer one simple question: “what, exactly, are we rescuing here?”
Yes, the National Debt Is Still a Problem Always Was
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not considered, you know, a litmus test. hey, welcome back to morning joe. fascinating morning. chris christie, the governor of new jersey sent me a text. well, he said who s next this morning on morning joe to talk about the gop race? george sorros? well, we do have a small government conservative here. yes, we do. joining us now, jeff miron who is the author of libertarianism from a to z, and by the way, governor christie is more than welcome to come on any time he would like. so, professor, you and steve rattner were having a smackdown. what, what is that? we p wouldn t want to get in the way. do you disagree with the conventional wisdom around our left of center desk with guests who suggest that obama, obama s
reading in the news script but a depression and makes a case for that. these are serious times. still ahead oh, good, we have a harvard economist coming on. democratic senator joe manchin will weigh in on the fight to win the payroll tax cut before this month s deadline. and up next, harvard economist jeff miron is here. you re watching morning joe brewed by starbucks. wow.
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