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
dismissed its top judge. vsevolod kniaziev was detained for allegedly taking multi million dollar bribes. prosecutors say he was arrested as part of their biggest ever anti corru ption case. ukraine is under pressure to tackle corruption as a requirement forjoining the european union. the reuters news agency says mr kniaziev could not be reached for comment. meanwhile, ukrainian officials have praised their anti missile defence system. overnight, it blocked an intense barrage of russian rockets over the capital kyiv. they say the system shot down six advanced russian hypersonic missiles, which president putin has claimed are unstoppable . kyiv s mayor, vitali klitschko, described the night. actually, last night, our citizens didn t sleep because three hours long, beginning at 230, we have a bombing alarm, and at the whole night we listened to huge explosions and it actually was one of the massive missile attacks to our home hometown. different kinds of rockets the russians s
for allegedly taking multi million dollar bribes. prosecutors say he was arrested as part of their biggest ever anti corru ption case. ukraine is under pressure to tackle corruption as a requirement forjoining the european union. meanwhile, ukrainian officials have praised their anti missile defence system. overnight, it blocked an intense barrage of russian rockets over the capital kyiv. they say the system shot down six advanced russian hypersonic missiles, which president putin has claimed are unstoppable . kyiv s mayor, vitali klitschko, described the night. actually, last night, our citizens didn t sleep because three hours long, beginning at 2:30, we have an alarm, a bombing alarm. and the whole night we listened to huge explosions and it actually was one of the massive missile attacks to our hometown. different kinds of rockets the russians sent to our hometown. our hugo bachega has more from kyiv on ukraine s air defence and what comes next. it was the eighth time th
currently sheltering in an underground bunker, said the air raid alert in the capital went off at around 02:20 local time. the bbc team heard at least one loud explosion, and the city s air defence has been activated. earlier today, ukraine says at least 21 were killed in an attack on kherson. missile strikes hit a market, a railway station, a petrol station and residential builings. it comes as ukraine s president zelensky denied that his country carried out an alleged drone attack on the kremlin. russia says it was an attempt on vladimir putin s life. our russia editor steve rosenberg sent this report from moscow. flying in from the left, what appears to be a drone. then an explosion over the kremlin. this footage is unverified, but the kremlin says that overnight, two drones targeted the residence of the president. moscow blames ukraine, but says that no one was injured. on russian state tv, a dramatic start to this talk show. the presenter announces breaking news. there