Economist Stephen Moore
Stephen Moore Trump leaves Washington in limbo with a threat of relief “The” Loan and Spend “stimulus bill is a fiscal monstrosity on Sunday – COVID-19 relief and cyberattack dominate MORE on Sunday called for corporate tax cuts to be included in the government’s latest COVID-19 relief and funding bill introduced by Congress this week.
The $ 900 billion bill passed as part of a $ 2.3 trillion bus spending bill that will be funded by the government through October.
COVID-19 relief legislation was passed with broad bipartisan support in both houses of Congress, but President Trump
Donald Trump: The post office will bear the name of Pearl Harbor’s oldest veterans as federal agents seek residence in Antioch in connection with the Nashville explosion on Sunday show preview: COVID-19 relief awaits signing of Trump; the government continues to deploy MORE earlier this week convicted the package as inappropriate and full of useless expenses.
Trump specifically cited among his critics $ 85.5 million for aid to Cambodia and $ 40 million for the Kennedy Center in Washington, adding that stimulus controls for Americans should increase from $ 600 million to $ 2,000.
Moore, who acts as the president’s external adviser, said in 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 any payroll taxes,” he said. “Tell workers not to pay income or payroll taxes. You will have the biggest boom you have ever seen. Instead, we spend money in Sudan. “
Moore also criticized the length of the nearly 6,000-page bill, admitting it was in agreement with some progressive lawmakers, including the rep. Alexandria Ocasio-Cortez
Alexandria Ocasio-CortezLeft increases the pressure on Biden for his promise of ethics against the lobby. (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 the 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,'” Moore said. “I hope, John, that Donald Trump vetoes this bill.”
“This bill should be cleaned of all pork and aid should go directly to individuals, not lobbyists,” the economist added.
Moore then argued that the $ 1.4 trillion bill to fund the government until October has “no pro-growth elements.”
“Where are the tax cuts? Where is the deregulation? Where are the things that will encourage our companies to start up again? “My New Year’s wish for 2021 is to stop this closure of our economy and let businesses run.”
“We can’t have another year like 2020,” Moore continued.
John Catsimatidis is an investor in The Hill.