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Transcripts For CSPAN2 Washington Journal Karl Smith 20240712

Be used to spur economic recovery but first remind folks what the Tax Foundation does and how you do it. The Tax Foundation is an organization that educates the public on tax policy and also assist members of congress in developing tax policy. We do in particular analysis of the cost to the economy and to the government of tax increases or tax decreases, Tax Foundation. Org is a website as. As we look at recovery efforts, its now been four months since america startedon shutting down. Congress congress is appropriatr 2. 5 trillion in response. At what point do we start focusing on longterm recovery as opposed to responding to immediate needs that are happening in the here and now . Guest thats hard to say. I had originally thought when the crisis began that around the end of the summer we would need to make a strong tilt towards longterm growth. We had sort of a threepart approach to this during the immediate crisis we needed to write liquidity for businesses, for households so they co

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