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Transcripts For CNN CNN Newsroom With Brianna Keilar 20240711

But i think that the idea now is that we have to hit back hard, we have to hit back strong if were going to finally put this dual crisis of the pandemic and the economic pain that is engendered behind us. With respect to larrys point, one thing is just wrong, which is that our team is dismissive of inflationary risks. Weve constantly argued that the risks of doing too little are far greater than the risk of going big. Providing families and businesses with the relief they need to finally put this virus behind us. Second, i want to quote fed chair Jerome Powell who strongly reiterated this view the other day, i think it was just a week or so ago, that inflationary risks are also asymmetric right now. Im much more afraid of people losing their careers and life that they built because they dont get back to work in time. Im more concerned about what that will do not just to their lives but to the
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Transcripts For CNN CNN Newsroom With Brianna Keilar 20240711

Now theres just got to be a will to seek those out. True on school funding, true on state and local aid. Everyones getting tied around in knots what the number is. Get the policy right and whatever that number produces, thats where we should land. Look, i mean, christine, certainly there could be an incorporation of republican ideas, and there are a lot of people arguing for that. But what is unclear, if the votes, if the republican vote it might actually be more than unclear if the republican votes would actually follow those compromises . Also, theres even moderate democrats who might be concerned about sliding in a 15 hour minimum wage and you saw maneuvering last night suggesting they could put the 15 minimum an hour wage to the side not address it now. Could be confrontational. Could be a place of bipartisan agreement right now during the middle of the crisis. Even though progressives, of course, want a 15 minimum wage. Might see small maneuvering starting to satisfy people and mo ....

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