Stimulus Impact News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Larry summers, what he said about that claim. >> it's a nonsense claim. yes, there may be some stimulus impact, and some impact on wages but no serious expert who looks at the actual plans on discussion has or will support the 4,000, to $9,000 claim. >> so, steven, i want to start with you on that question with briana's piece there. how can you claim on one hand it's not going to hurt the deficit? because parts of it will expire. and on the other hand it won't help taxpayers and they are set to expire. how are both be correct? >> first of all, in response to what larry summers said, i'm a pret...

Them six months ago when he was running for president. as he said in late february nobody knew health care would be so complicated. trump's proposals outlined this week are breathtakingly irresponsible. they would add trillions of dollars to the debt and are not even designed for maximum stimulus impact. abolishing the estate tax, for example, which is paid by 0.002% of americans each year, would not cause a rush to the stores, but it would cost the federal government $20 billion a year in lost revenues. the larger education of donald trump and education one would hope of his supporters is tha...

As he said in late february, nobody knew health care could be so complicated. i suspect that the next education will be in tax policy. trump's proposals outlined this week are breathtakingly irresponsible. they would add trillions of dollars to the debt and are not even designed for maximum stimulus impact. the apolishment of the estate tax which would affect .002% of americans each year, but it would cost the government $20 billion a year in lost revenue. the appeal of trump for so many was that he was an outsider, a businessman who would bring his commercial skills and business acumen to the...

The horse and i don't think it helps the economy. >> is there a stimulus impact. billions into the economy and who knows where it goes. it could be a little bit of a slow down of the economy if something like this is cutoff completely. >> there different minds of thought and little research and data that shows unemployment is stimulus to the economy unlike nancy pelosi likes to say. these were never meant to be permanent. it was created in 1935 and expanded in 2008 always to be emergency, temporary program. now we are going from keeping it at 26 weeks, some states have up to 73 weeks. that is ...

Consumer confidence, inflation's fairly stable and so on. what will this do? how will this impact us in. >> well you, know, it is ironic, you know, it reminds me of last year where you know, just when -- it's like that jaws thing, just when you think it's safe to go back into the water, here comes another global disaster. in the short term, it will be a big shock. in the longer term, even medium term, it's harder to say, right, because you know actually a perverse effect of economic disasters is they can be stimulative. and so you could see some stimulus impact out of this. >> do you mean by t...