Economist Stephen Moore
Stephen MooreTrump leaves Washington in limbo with the threat of relief ‘Borrow’ the stimulus project is a fiscal monstrosity on Sunday programs – relief from COVID-19, cyber attack dominates MORE on Sunday he called for tax cuts for companies to be included in the latest COVID-19 relief and government funding bill introduced by Congress this week.
The $ 900 billion bill was approved as part of a general $ 2.3 trillion bill that will finance the government through October.
The relief legislation COVID-19 was passed with broad bipartisan support in both chambers of Congress, but President Trump
Donald TrumpPost’s office will be named after Pearl Harbor’s oldest veteran federal agents seeking residence in Antioch in connection with the Nashville explosion. government continues vaccine launch MORE earlier this week doomed the package inadequate and full of unnecessary expenses.
Trump specifically cited among his criticisms $ 85.5 million for assistance to Cambodia and $ 40 million for the Kennedy Center in Washington, adding that stimulus checks for Americans should be increased from $ 600 to $ 2,000.
Moore, who serves as an external advisor to the president, said during an interview with John Catsimatidis on his radio show on WABC 770 AM, that tax cuts are a necessary element in boosting the economy struggling in the midst of the pandemic.
“If you want to stimulate the economy, tell companies that they don’t have to pay payroll tax,” he said. “Tell workers that they don’t have to pay income tax or income tax. You will have the biggest boom you have ever seen. Instead, we are spending money in Sudan ”.
Moore also criticized the project’s nearly 6,000-page extension, admitting that he agreed with some progressive lawmakers, including Rep. Alexandria Ocasio-Cortez
Alexandria Ocasio-CortezLeft increases pressure on Biden for lobbying ethics. DeWine says Ohio teachers and school officials will be the next group to receive the COVID-19 Schumer vaccine on Trump’s call for K in direct payments: ‘I’m in’ MORE (DN.Y.), who argued that lawmakers did not have enough time to understand the bill before it was passed.
“I agree with AOC, of all people, who said: ‘This is an outrage. We may not even be able to read the bill before we all have to vote on it, ”explained Moore. “I hope, John, that Donald Trump vetoes this bill.”
“This account must be cleared of all pork and aid must go directly to people, not to lobbyists,” added the economist.
Moore then argued that the $ 1.4 trillion bill to finance the government through October “has no pro-growth element.”
“Where are the tax cuts? Where’s the deregulation? Where are the things that will encourage our businesses to get back up and running? He asked. “My wish for a new year for 2021 is that we stop this paralysis of our economy and let companies operate.”
“We can’t have another year like 2020,” continued Moore.
John Catsimatidis is an investor in The Hill.