Economist Stephen Moore
Stephen Moore Trump leaves Washington in the language with the threat of help “Borrow and Spend” the stimulus bill is a fiscal monstrosity Sunday shows – COVID-19 relief, cyber attack dominates MORE on Sunday called for business tax cuts to be included in the latest COVID-19 reduction bill and the government funding bill advanced by Congress this week.
The $ 900 billion bill was passed as part of a $ 2.3 trillion omnibus spending bill that will fund the government by October.
COVID-19 aid legislation was passed with broad bipartisan support in both houses of Congress, but President Trump
Donald TrumpThe post office will be named after the former Pearl Harbor veteran. Federal agents looking for residence in Antioch in connection with the Nashville explosion on Sunday show preview: COVID-19 exemption awaiting Trump’s signature; the government continues to launch MORE vaccines convicted earlier this week the package as inappropriate and full of wasteful expenses.
Trump specifically cited among his criticisms $ 85.5 million for Cambodian assistance and $ 40 million for the Kennedy Center in Washington, adding that stimulus controls for Americans should be increased from $ 600 to $ 2,000.
Moore, who serves as the president’s foreign adviser, said in an interview with John Catsimatidis on his WABC 770 AM radio show that tax cuts are a necessary element in boosting the pandemic economy.
“If you want to stimulate the economy, tell companies you don’t have to pay a payroll tax,” he said. “Tell the workers that they do not have to pay income tax or payroll tax. You will have the biggest boom you have ever seen. Instead, we spend money on Sudan. “
Moore also criticized the length of the nearly 6,000-page bill, acknowledging that it agreed with some progressive lawmakers, including Rep. Alexandria Ocasio-Cortez
Alexandria Ocasio-Cortez Left increases pressure on Biden for ethical promise of lobby DeWine says Ohio teachers, school staff to receive COVID-19 Schumer vaccine at Trump’s call for K in direct payments: “I’m in” MORE (DN.Y.), who argued that MPs did not have enough time to understand the bill before it was passed.
“I agree with the AOC, of all the people, who said: ‘It’s a revolt. We may not even be able to read the bill before we all 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 through October has “no pro-growth elements.”
“Where are the tax cuts?” Where is the deregulation? Where are the things that will stimulate our business to return to business? He asked. “My wish for the New Year for 2021 is to stop this stagnation 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.