Im alison kosik, its tuesday, august 20th, 5 00 a. M. In the east. President trump and his economic officials are doing everything they can to downplay any fears of a recession, including knocking down reports the administration is considering cutting payroll taxes as a way to juice the economy. For millions of working americans 6. 2 of their salary goes towards payroll taxes. Theyre usually used to finance programs like Social Security and medicare. A white house official said this, more tax cuts for the American People are certainly on the table, but cutting payroll taxes is not something under consideration at this time. However, trump has undercut his staffers before when theyve said he was not considering something. The president continued to attack the Federal Reserve saying the central bank should cut Interest Rates by at least 100 basis points to boost the economy. Basis points are a unit of measure for Interest Rates and cutting the rate as much as trump is suggesting, it amou
They should the fed should be cutting, and i would say, they should say at a minimum, 100 basis points over a period of time. Not at one time, but over a period of time. Tax cuts well, im not talking about doing anything at this moment. Indexing is something that a lot of people have liked for a long time, its something that would be very easy to do. Its something that i am certainly thinking about, i can say that a majority of the people in the white house at the level that does this kind of thing, they like indexing. Ive been thinking about payroll taxes for a long time. Whether or not we do it now, its not being done because of recession. We are legitimately, if we had a cut in Interest Rates by the fed, if they would do their job properly, and do a meaningful cut, they raised too fast, you would see growth like youve not seen ever in this country. If you go from the election, the great november day. Youre talking about a 60 increase in the stock market. Youre talking about unemploy
Contributing editor to the atlantic and cnn commentator. Tim mack. Good to see you. Tim, let me begin you because this new book from nikki hailey, tru trumps former ambassador to the u. N. Who is making stunning claims before the public hearings in this inquiry. She claims Rex Tillerson and john kelly attempted to recruit her to work around the president in an effort to save the coun country. Writing according to the Washington Post who has a copy of the book, kelly and tillerson confided in me that when they resisted the president , they werent being insubordinate, they were trying to save the country. It was their decisions, not the president s, that were in the best interest of america, they said. The president didnt know what he was doing. Her book says. So, tim, how does this potentially impact the narrative surrounding the president as this impeachment inquiry is about to go public through this televised testimony . Well, lets unpack what shes saying here. We only have these limi
How NASA Is Increasing Equity In STEM Beyond Space Exploration clichemag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from clichemag.com Daily Mail and Mail on Sunday newspapers.
The National Aeronautics and Space Administration (NASA) hopes to inspire people to look into the skies and to their communities. Recently, Black individuals in NASA’s workforce took social media by storm after sharing their headshots from the independent agency. The heartwarming posts reminded everyone of the importance of representation and fostering inclusivity, particularly in science,… Continue reading How NASA Is Increasing Equity In STEM Beyond Space Exploration