17 Burst results for "Council Of Economic Advisors"
"council economic advisors" Discussed on NPR's Business Story of the Day
"We're going to take the risk now of reporting on the future. You have to do that with care. You never get any first-hand information from there, but economists do make forecasts to which businesses respond. So it's important and the White House is doing its annual economic report which includes an optimistic forecast for economic growth more optimistic than some other forecasts Kevin Hassett is chairman of the president's council economic advisers and his on the phone. Good morning, sir. Good morning at great to be back when you forecast growth of something better than three percent annually instead of maybe to what are you seeing that other economists do not the same thing we saw last year. Steve I mean, so about this time last year, we put out an economic. That had a forecast we'd actually finalized in November before the tax cuts passed, and we model the number of policies that the President Trump President Trump team was going to Bush and found that the baseline growth forecast was about to to which we agreed with the Obama administration on. But that if all of the policies were pursued last year that we could get growth up to three point one and growth last year with three point one. It was a pretty good hit. And so actually that means that for the first two years of the Trump administration. Our forecast has been either exactly at or below the economic growth experienced in the year, which is the first time that's ever happened. So you're calling me rosy forecast. Gop just saying Rosie I called you optimistic. I have to say I congratulations on getting that number, right? But of course, as things like the Trump administration's tax cut extended gets more and more unpredictable overtime. The Trump administration for example forecast..
"council economic advisors" Discussed on WGN Radio
"For rebate Hannah Stanley filling in tonight from that and more with our worldly, fellow Fred Weintraub, we are gonna talk a couple of different things down Abby there's down avenues for those. And because Friday is in London. We must talk with him about that. I can't tell you how many OMG's OMG's came out of my mouth and out of my fingertips as I was typing that to other people earlier in the day. We also have big news that a person a particularly famous person has stopped doing part of what they're particularly famous for all of that is gonna fit follow the news when we talk more with Fred Weintraub. But in the meantime, here's Roger badesch WGN new survey. Cannabis do served on the council economic advisers. And the Obama administration's been appointed to the Chicago school board. Austin goolsbee is a professor at university of Chicago. Mayor Emanuel announced his appointment on Friday. President Trump's announcing that budget director, Mick Mulvaney, will be his next chief of staff. Tom tweeting Friday that Mulvaney has done outstanding job in his administration and will take over next year. Trump deemed Mulvaney his acting chief of staff, but it was not immediately clear what that meant for the length of his tenure he will replace John Kelly Trump race Kelly service called him a great patriot in that same tweet group run by former democrat democratic US attorney general Eric Holder says it plans legal action to block limitation on early voting in Wisconsin signed into law by outgoing governor Scott Walker the Wisconsin legislature passed it in a lame duck session last week. We'll check sports drastic and weather next on WGN. Now.
"council economic advisors" Discussed on Bloomberg Radio New York
"I'm Ed Baxter. We've been listening to an interview with Carlisle group co founder, David Rubenstein and former fed chair Alan Greenspan here Greenspan explains why he thinks he got too much credit for the performance of the US economy. So the New York Times escorting you and you're in your twenties. And then you ultimately became well known ultimate well-known consultant on Wall Street and on the side, you become close to or get to know a very famous writer named Hyon rand, and what was the appeal of her to you. Heroes. When I read her books founder, then atlas shrugged I was caught up in that science. Which said, basically. You can't have anything rational about human emotions. And I had an argument about uncertainty reminding around since I met her. I kept saying. Values are irrational over not conceptually put together. She then proceeded take me apart piece by piece. Contradictions in my position. But did you think she was smarter than you should never in strategy was smarter than we actually became very close. You obviously built a very good reputation on Wall Street because Richard Nixon president United States asks you to serve as head of the council economic advisers. And you actually had agreed to do. So. But then something happened, the president Nixon is that right or something. I've forgotten what Nixon resigned and for. Vice president. Ultimately, you got to be close to president Ford. But Ford lost the election to my former boss Jimmy Carter in nineteen seventy six and you went back to Wall Street is that right here. Pretty prominent now is former head of the council economic advisers, and then ultimately President Reagan says to you why don't you come in and be the chairman of the Federal Reserve Board. Did you meet with Reagan before you accepted the offer? Well, I actually had met with him. Quite often during his campaign. I was part of the for president campaign staff. So that. I got to work for them through the coursework. So you take the job and you held the job for eighteen or nineteen years. Eighteen and a half years. You were called by many, the maestro. And you were given a lot of credibility for the US economy being in such good shape. Did you ever think that people were giving you too much credit for being such a great show of the economy, or do you think they were pretty right? I said white. You can't. Popularity in Washington. It's basically related to what it is. You do if you have. No, you don't have one hundred percent control of what happens as a consequence. You're doing got caught by the fluctuations are my major concern. I was Curtly aware of it. I was much to credit too much of the credit for actually on. I said. Don't worry about it little commodity on the side in those years. People often would say that's photograph Alan Greenspan walking into the Federal Reserve building. If he has a big fat set of books with them or papers. That means he's about to make a historic decision if he has nothing very much snow historic decision. So was that any truth to the validity of you're carrying a lot of things into the my briefcase briefcase? My wife made me lunch. So it really was nothing to that theory. Well, of course, that was Alan Greenspan speaking with David Rubenstein host to Bloomberg's peer to peer conversations and co founder of the Carlisle group just ahead on Bloomberg best they'll.
"council economic advisors" Discussed on KQED Radio
"Medications and more education about best practices for prescribing drugs. Across the country. Local officials are pursuing their own various efforts to combat the epidemic into over twenty states are currently suing Purdue pharma, the maker of Oxycontin for what they argue is that companies role in fueling this crisis. So given the scope of this epidemic. It's important to understand what this Bill can change. And what it doesn't do for that? We turn to a pair of experts who know this terrain all too. Well, heath Humphries is a professor of psychiatry at Stanford University who served as a drug policy adviser in the Obama and Bush administrations he also worked with the Senate and house staff on the Bill that was signed today in Gary Mundell is the CEO of shatterproof. It's a nonprofit group he founded to help families cope with the addiction of a loved one. Gary lost his own son, Brian in twenty eleven and he attended the White House signing ceremony today. Gentlemen. Thank you both very much for being here. Gary Mundell first off we try to describe that. There are many many elements in this legislation. What is it you most about this to really reverse? The course at us EPA democ there's four big things containing it. So no more will our loved ones become addicted to opioids unnecessarily number two for those who are already addicted. Let's treat them with protocols based on science number three. It's a chronic illness people will relapse and for those we need medication to rescue them at the time of relapse. So they don't die and they live. And then underlying it all is to change the way our entire entire society thinks about this disease. This is a chronic illness. It's not people with bad willpower. It's a changing brain chemistry, and we need to treat it that way with love and empathy in programs based on science with that umbrella. What is this Bill have really it focuses on treatment? And there are several clauses. In this Bill that relates to expanding supply of professionals who can treat it which is great and there's several clause related to expanding the supply capacity of our our healthcare system to treat it and those are all good, and they're all positive Keith Dumfries the same question to you. I know you are involved in crafting some of the draft versions of this legislation. What are what are you celebrating today in this? Well, even though the parties couldn't agree on a big bang making a huge investment like we made for HIV AIDS. A generation ago. They were able to agree on taking advantage of the health insurance programs. We already have in making them more a part of the addiction treatment infrastructure. So that means Medicaid is going to cover more residential care, which is really important Medicare is going to cover treatment for people who are addicted to opioids that's more important than a lot of people realize the stereotype is everyone is young who has this problem. In fact, a number of senior citizens suffer from it as well. Gary Mundell, what about this issue of money? There's by my by some estimates about eight billion dollars authorized over five years. I've heard from numerous public health officials who say eight billion dollars is barely even enough for one year. Do you think we're still missing a big chunk of money to address this crisis? What we need is to thanks. We need structural change. So this is treated within our healthcare system through insurance like any other chronic illness, an ongoing basis, and then we need a band aid right away. Because that's going to take time to do to help as many people as we can today and eight nine billion dollars is not enough to do that the states need more in with the states are crying for is not one year grants this needs to be five and ten year money. So they can know what's coming. We can build the system, and then we need to create the structural change where we don't need federal funding anymore. It's built into the system Keith freeze on this issue of treatment by many accounts. We simply do not have enough treatment beds. We do not have enough facilities that offer the best evidence based medically assisted treatment. How are we going to that part of this crisis? The Bill does definitely not do enough in that respect just to give some comparison points. The president's council economic advisors estimates the damage of the epidemic at five hundred billion our our healthcare system spends about three trillion year. So, you know, six seven eight nine billion is actually a very small investment given that we're losing seventy thousand Americans a year to this disorder. So it's certainly not enough. The thing we need to do as as Gary said is move away from the idea that this is a one year problem a two year problem that we can fix with a grant we have to build it into the basic structure how we finance healthcare, and I would say to chronic pain, as well these are problems that are always going to be with us. We have to permanently build them in. Yes. That cost money, but it will have a huge positive impact on public health and public safety. Gary, we know that one of the big Genesis factors of this epidemic was the over prescription of these medications, and we are years into this. Pedantic? And yet I still hear stories from good friends whose children have a sports injury injury. And they come home with weeks and weeks of opioid pills today in this day. Do you think we're doing enough on? On educating doctors about how to prescribe these medications. Yeah, I just wanna rephrase it and say, it's not what I think. It's a fact we are absolutely not doing enough. We. In the fifteen year period. Increase the amount of opioids opioids being prescribed on an annual basis. Four times the amount of deaths six times, and it's not just correlated. It's causal everyone. Everyone agree. Put more of these drugs out there. More people will die. Opinion. It's not just correlate the lines. Go just like that together. In fact, even more on death's. So what's happened with prescribing it's come down about twenty five percent? And now we are thirty percent. And now we're three times where we were still three times the amount of opioids any other country in the world. And we have doctors every day as you just said with your friends still prescribing thirty days worth Oxycontin or vicodin Percocet for a sprained ankle or sprained wrist, and this is not the dishonest doctors unscrupulous, this is good doc. These are good doctors who haven't changed with the current science. And we we there's no way you could say we're doing enough. This is still happens. This were Zeqir a of spreading across this country. We contain it in a weekend. Gary Humphries, the legislation has been signed. There's maybe a sense of closure to all of this. But I'd like to put you back in the position of counseling the house and the Senate and the president from today forward. What would you like to see us do? I would like us to stop thinking of this as a crisis, meaning a short term issue that will be resolved by a couple of years of hard work. And instead just be realistic. That addiction is part of the fabric of population health. It has been for the entire history of our country. And it's not going to go away in two or three years at you. We would never have a grant program to take care of cancer for two or three years because we know we're always going to have people with cancer. So what we need to do is bite. The bullet going to programs like, Medicaid and Medicare adequately reimburse treatment make a big investment in training because we need physicians, and nurses, and psychologists and other professionals who are trained in this taking care of this disorder and just accept this will be part of what the healthcare system does from here on out because right now it's opioids ten years from now it's going to be a different drug, and we have to be prepared for that. All right. Keith Humphreys, scary Mandel. Thank you both very much. My pleasure. Thank you. Thanks, keith. They.
"council economic advisors" Discussed on KNST AM 790
"California. Welcome, sir. I'm glad you were patient and waited. Hi, thank you rush. My comments sort of pertains to the October surprise. And I was gonna ask your opinion next next Friday is the so-called advanced read on the GDP for the third quarter, which I believe is less data driven and the two revisions that follow it. And my question is. Can you see the deep state dropping in a low GDP number and then piling on immediately with its the tariffs? It's the tax cuts failing. It's sugar high economy is spent and this is what really is happening with all the Trump economics, and it's starting to starting to break up conveniently seven days before the election. Well, these numbers would come from the department of labor. Your labor statistics. And the US council economic advisers. These are Trump people in there now, you're right. To be wary of career left wing deep staters in there. I look I wouldn't put anything past these people you could conjure up any scenario you wanted. And I I would bet eight out of ten up. My would tell you. I think are possible. So given who these people are given what they think is at stake here. So if you wanna tell me, if you have an idea that the GDP numbers come out next Friday might be say monkey with, but it's increasingly tough to use that word and get away with it and might have been Jimmy a might be. Well, reworked and so forth to make it look like we're about to fall off the clipper, at least that this recovery is just hit a wall. I don't know how effective it would be. But I don't I wouldn't I wouldn't sit here and utilize literally suggest to you that it couldn't it couldn't happen. An particularly the areas you mentioned they would love to be able to discredit Trump's tax cuts. They would love to be able. Two. Discredit a whole bunch of the tariffs. And what it's doing to trade. The problem is reality the reality on the ground. If the if the if the numbers are. Are rigged to that extent. It just isn't going to jive with reality. And it's it's it wouldn't be. I don't think nearly as effective if something is personal. But I think you have to you have to look at the history of these October surprises. They've tried October surprise in October. They've tried them in September. They've thrown everything they've got at Trump, including during the campaign, the access Hollywood video and that didn't work. Now, he's out there calling the porn star. Who by the way is a backstabbing blackmailing. Double crossing porn star out there calling her horseface, and there are shutters in the drive-by media S U D D who. Oh my God. Who who who doesn't you know what I find interesting about this all of these so-called paragon of virtue on the left where one perversion has become normal in their world. And they demand that we accept wanton perversion as normal. They sit there and act like. You call women Austin. But we're not talking about woman. We're talking about a dual at. Porn star. Double crossing. Backstabbing woman who has tried to destroy the guy with her third rate lawyer. She's not just an innocent ordinary everyday woman that Trump decided to call a name. She is a woman who attempted to ruin him. But for these Liberal Democrats, these people in the media to act like people don't talk this way. Presidents don't come on. People talk this way, or this is what what I resent about this the idea that they are clean and pure is the wind driven snow, and they don't think this way. They don't talk this way. What an absolute crock simply look at the things they say about us during the course of your average political day from your Hitler to your Nazis to your this or that they make fun of people's appearances. They make fun of people. I mean. Their their comedy has become literal hate. And then they act like one of the greatest social transgressions in the history of humanity has occurred when Donald Trump uses the term horseface or when he did not Mark ballsy Ford, but simply re reading. The truth about her allegations. I just I just find it just a little bit hollow. As though take your pick. Take take your pick any left-winger on media. Griping about Trump's using the word horseface and ask yourself if that media reporter never talk that way and the answer but Russia, these people are president, and he is and this is beneath the dignity of the presidency. Well, I know they look at it. And think of it that way my point is they can try all day long. That's not going to separate Trump from his voters some of his voters. He backed up. There's so much going on here focusing. They don't need to distract everybody with that stuff. But he did there are also going to they're not gonna give up trying to link Donald Trump to the murder of the of the journalist in the Saudi consulate in Istanbul. Jamal kashogi. They're still working on that. But I think they're frustrated to no end that nothing they do works. And now I have a story I have to print. I haven't had the chance to print it. Yep. Just cleared the transom here. It's about Trump's approval numbers are probably much better and much higher than anybody on the left and the media wants to admit, he's.
"council economic advisors" Discussed on KLBJ 590AM
"NewsRadio KLBJ sticking. With the phone. Rush Limbaugh and talent on loan from God. This is Bob in Coronado, California. Welcome, sir. I'm glad you were patient and waited. Hi, thank you. My comments sort of pertains to the October surprise. And I was gonna ask your opinion next next Friday is the so-called advanced read on the GDP for the third quarter, which I believe is less data driven and the two revisions that follow it. And my question is. Can you see the deep state dropping in low GDP number and then piling on immediately with its the tariffs? It's the tax cuts failing. It's the sugar high economy is spent and this is what really is happening with all the Trump economics. And it's starting to starting to break up conveniently seven days before you're lection. Well, these numbers would come from the department of labor. Bureau of labor statistics. And the US council economic advisers. These are Trump people in there now, you're right. To be wary of career left wing deep staters in there. I look I wouldn't put anything past these people you can conjure up any scenario you want an, and I would bet eight out of ten of my would tell you. I think are possible. So given who these people are given what they think is at stake here. So if you wanna tell me, if you have an idea that the GDP numbers are come out next Friday might be say monkey with, but it's increasingly tough to use that word and get away with it might have been Jimmy d it might be. Well, reworked so forth to make it look like we're about to fall off the cliff, or at least this recovery is just hit a wall. I don't know how effective it would be. But I don't I wouldn't I wouldn't sit here and utilize release suggest to you that it couldn't it couldn't happen. And particularly the areas you mentioned they would love to be able to discredit Trump's tax cuts. They would love to be able. Two. Discredit a whole bunch of the tariffs. And what it's doing to trade. The problem is reality the reality on the ground. If the if the if the numbers are. Are rigged to that extent. It just isn't going to jive with reality. And it's it's it wouldn't be. I don't think nearly as affected if something is personal. But I think you have to you have to look at the history of these October surprises. They've tried October surprise in October. They've tried them in September. They've thrown everything they've got at Trump, including during the campaign, the access Hollywood video and that didn't work. Now he's out there calling the orange star. Who by the way is a backstabbing blackmailing. Double crossing porn stars out there calling her horseface, and there are shudders in the drive-by media SU DD who who who who who doesn't you know, what I find interesting about this all of these so-called paragon of virtue on the left where wanton perversion has become normal in their world. And they demand that we accept wanting perversion as normal. They sit there and act like. Call women Boston. But we're not talking about woman. We're talking about a dual. The. Porn star. Double crossing. Backstabbing woman who has tried to destroy the guy with her third rate lawyer. She's not just an innocent ordinary everyday woman that Trump decided to call a name. She is a woman who attempted to ruin him. But for these Liberal Democrats these people in the media to act like people don't talk this way presidents come on. People talk this way, or this is what resent what I resent about this the idea that they are clean and pure is the wind driven snow, and they don't think this way. They don't talk this way. What an absolute crock simply look at the things they say about us during the course of your average political day from your Hitler to your Nazis to your this or that they make fun of people's appearances. They make fun of people. I mean, they're they're comedy has become literal hate. And then they act like one of the greatest social transgressions in the history of humanity has occurred when Donald Trump uses the term horseface or when he did not Mark ballsy Ford. But simply re feeding. The truth about her allegations. I just I just find it to just a little bit hollow. As though take your pick. Take take your pick any left-winger on media. Griping about Trump's using the word horseface and ask yourself if that media reporter never talk their way and the answer but Russia, these people aren't president. And he is and this is beneath the dignity of the presidency. Well, I know they look at it. And think of it that way my point is they can try all day long. That's not going to separate Trump from his voters that some of his voters macaque he backed up. There's so much going on here focus, and they don't don't mean to distract every body with that stuff. But he did they're also gonna they're not gonna give up trying to link Donald Trump to the murder of the of the journalist in the Saudi consulate in Istanbul. Jamal kashogi. They're still working on that. But I think they're frustrated to no end that nothing they do works. And now I have a story I have to print. I haven't had a chance to print. Yep. Just cleared the transom here. It's about Trump's approval numbers are probably much better and much higher than anybody on the left and the media wants to admit..
"council economic advisors" Discussed on News Radio 810 WGY
"This is all going to get resolved any character just temporary. But that depends on President Trump, and that depends on China. And it's quite possible. We could see some disturbing development cheer in which case. This would all get worse. We're speaking with Yahoo finance columnist. Rick Newman is all of this in the tariffs involving all the all the different partners. Is this all about changing the balance with China Europe to act President Trump that question? Singlehandedly driving the trade war. And we know that one thing he wants just a lower US trade deficit with most of the world. But particularly with regard to China trade deficit is around three hundred seventy five billion dollars. That's the difference between what they sell to us and we shelter them. He has said he wants that number lower. Now that is not really job to worry about the US trade deficit in China. Couldn't even you know that if they wanna kill many people have asked what is what is Trump really asking? Okay. That I actually act Kevin. Who's the chair of the council economic advisers one the top White House communists on a Yahoo? Finance program, recently, the Chinese know exactly what we want, but he won't identify what those asks are publicly. So it's like they're kind of a secret. You know of US demands. China. Forms that President Trump wants. And we don't know what those are we can squeeze them more than they can squeeze us though. Right because we just import so much more from them. That's true. In US economy is much bigger. Entities. More a much more developed economy a mortgage economy, and if help your economy because it doesn't rely on government support government government lending. In the way that the Chinese economy does relied and we've actually seen that in the stock market that Shanghai stock index is down around twenty percent this year performing poorly, whereas. Doc, pitting records. But there's a big today in a big button is president Xi Jinping of China does not have to answer to electoral politics, the way President Trump does because he's a president for life. Thanks, rick. Yahoo finance columnist..
"council economic advisors" Discussed on Bloomberg Radio New York
"Point we will have a slow down i just don't know when it will be at herb stein a former head of the council economic advisers famously said if something can't keep going on forever eventually it won't so this this gross cyclists been terrific i don't know how much longer will stay i hope another year or two at least i think the recession has been pushed back because of the tax cut bill and the favorable for at least a year if not longer than you study of american history and you are within finance with a question or great historian your contribution to ford's theatre your contribution to the national gallery of art and of course your life work to the library of congress you are working with institutions that have seen gilded age is come and go how does it gilded age end well it ends different ways nobody knows for certain the most important thing you can remember is you can't predict what's gonna kirk nobody really would have predicted few subprime mortgages came unraveled about ten years ago that would lead to the great recession that we had so no one knows for certain right now i think most business people and most economists are saying this won't go on forever but right now there are no signs anybody can release of a recession about the happen recession of the future of the republican party i mean you talked about you can't see the future what does the future of the gop after one or two term trump well we'll see what happens in the midterm elections have generally in the midterm i president loses seats in the house and the senate so it wouldn't be unusual at the president lost seats in the house and the senate there are many people in washington including many republicans who think the house could go democratic but nobody really knows we might have a wave election against the republicans but maybe something happens breakthrough in career and career someplace else that has a wave election for the republican side it's just a little bit early to know carlisle group co founder david rubenstein speaking with bloomberg's tom keene francine la coming up we'll be speaking with ken allah about his new.
"council economic advisors" Discussed on WNYC 93.9 FM
"Happens the february day i visited kevin hassett in washington dc turned out to be a sunny and warm as philadelphia had been gray and cold has it works in the eisenhower executive office building next door to the white house and into has its quite grand office he was wearing a cardigan that might best be described as a funkier especially the number beautiful about the number twenty nine has it was a bit bleary eyed is this was the day before the publication of an important book there's two things really coming out in one book it's the economic reported the president which is a letter written by president trump or president whoever in the past the lays out his vision for how the economy's doing and how we could do better if we were to pursue his policies and then there's the annual report to the council economic advisers which is for us i guess eight chapters that are substantive and go into what we know about say infrastructure investment or tax reform the trump white house the most volatile end unusual white house in many generations was relatively stable when i visited this was a few weeks before the departure of gary cohn head of the national economic council reportedly over his objection to new tariffs on steel and lumina m and those tariffs it turned out were just the beginning this was also before secretary of state rex tillerson was let go kevin hassett for his part says he never had any designs and actually working in government i became interested in doing campaigns but not governing because i didn't feel like i have the patience to for government work let's go back to the two thousand sixteen election when candidate trump was.
"council economic advisors" Discussed on C-SPAN Radio
"I even given its kind of we're going to me finding find age study that actually says what's your claiming let doesn't exist let me do that first of all if you take the cbo was formula and apply it four kids four tenths of one percent an increase in the gdp janner freights revenues of a trillion dollars a trillion dollars even the joint committee on taxation has projected that the tax bill would stimulate the economy to produce hundreds of billions of additional revenue i've tagged to four economists including the dean of columbia's school of business former chairs of the council's economic advisers and they believed that it will have this impact so i think we can stimulate the economy create more jobs that the head dad's generate more reminiscent there is single study on the show you three studies that we have sort of a a a liberal one a centrist one and a conservative one right up there the most conserved conservative on the most plo economic growth argument still adds five hundred sixteen billion dollars to the deficit over chinese irs well tack to kanema slight glenn hubbard and uh larry lens c and ted douglas holds eaten who used to be head of the cbo and they will tell you at the rights so i think you will find that economists jeff don't agree a on that you're comfortable with your boat on his tax bill and is it there really no matter what comes out of conference now i need that obviously have one and see what comes out i believe that the amendments that i he added john medical expenses detection some property tax deductions on helping retirement security for public employees improved the bell i got any commitment that we're going to pass two bills including the alexander buried belem one that i thought there that will help offset the individual mandate repeal by lowering premiums and i also got an ironclad commitment that were not condensate cuts in the medicaid medicare program as the result of this spelt all right we will be watching that commitment that was made to you.
"council economic advisors" Discussed on C-SPAN Radio
"That's what this middleclass tax relief helps to address and importantly that's what this progrowth part helps to address because you're gonna see higher wages and units he'd better benefits if you give this kinds of tax relief to the american worker because you're going to see more investment you're going to see more productivity the comes from that and you're gonna see higher wages i believe that but what i believe is nesin portent as what others believe a hundred and thirty seven economists many of these are nationally known economists have looked at the progrowth parts of this legislation the parcel i'm talking about that makes us competitive again and they said economic growth will accelerate if this legislation passes leading to more jobs higher wages and a better standard of living for the american people they say they'll be a million new jobs in this country just because of this i think that's really important as important as the tax cuts for the middle class and they are important and again those tax cuts primarily go to folks who were in the middle class and that's appropriate equally important to me is the get this economy moving in a way that people can have the opportunity to get those higher wages and better benefits the congressional budget office did a study showed that seventy percent of the benefit of getting that corporate tax rate that is going to go to workers in terms of salaries and benefits some say it's less than that some states more than that given hassid who is the chairman of the council economic advisers it's more than that the point is it's going to help these workers and it's about time that we help them it's the present there's been a lot of discussion about the process here tonight and i understand the frustration and as a member of the united states senate you know sometimes i feel like frustration is well but i will say that this legislation hr one which is the vast majority of the papers that were held up a moment ago this is the legislation you matic committee it's the vast majority of the pages has been on this website called budget dot senate dot.
"council economic advisors" Discussed on Bloomberg Radio New York
"Across this nation of course on bloomberg television michael mckee serra mcgregor has kevin surrealists comment from jayson firmin front rate economist uh former chair of the present council economic advisers i like him personally and i think he is a great guy i thought he was great pick when president obama picked as well that begins the process of the politics we're hearing from our white house people that the people who helped run the search with the president have given sort of a background briefing the process and that the president never asked any of the candidates in their interviews what they would do about interest rates which i find interesting but they also asked what was they were asked what was the present problem with janet yellen she's done this fabulous job she's got us goes to the feds mandates they said they don't know they said that's a question you'll have to ask the president he'd ever mentioned talk why why are he will relieve her out for us is interesting we have not it prised if someone like steve bannon had been whispering in donald trump's year that this is one of your legacy pitch just like was on supreme court and that it should be your guy nato are guy and he took that opportunity to all of you this is important he mentioned william murray this is history which i believe was nineteen years of might mickey how long was chairman greenspan pretty bunch near that right a missile won't tenure how long a tenure to we assume chairman goes i mean do we have a guesstimate of a long ago i don't think we have a guesstimate i think that you're the trend that the fed has been to move away from the cult of the personality and i think g a selfaware person so could he have a second term third term possibly i don't think he's going to stick around like ibm's beckett that's for sure tell you what the maximum is his term as a governor runs out in two thousand twenty eight so he could serve until then if he were continuously really chair janet yellen the current share her term does not expire until twenty twenty four but we presume she will leave why should hansa rains already power that's not unprecedented to stick on afterwards but i think given this environment chill so find so.
"council economic advisors" Discussed on KOIL
"Of an expert euro one of the people here in the white house working on the tax reform legislation that i'm told that you are wellinformed on the the issue as rosy that's that's the rumor out there we'll find out i guess well i know everybody's eager out there in radio land for this to move forward and and there are a lot of reports out there that are conflicting and that are causing some concern about the number of rackets and and whether some we are going to be paying higher taxes whether loopholes will be eliminated and all of that good stuff and there it seems to be and i think the president is set himself that there are some who are big money earners who may actually both through a variety of means end up paying higher taxes but the middle class is of course the most important thing and also expanding the number of people who pay no taxes at all and those are areas of concern for different groups appear of course yeah the middle class is looking for tax cuts i think people know higher income brackets are looking for a taxcut are they going to get one what about the middle class and what about expanding the number of people who pay no federal income taxes at all yes of the first thing i say is if you are listening to this broadcast he get yourself tax cut in fact the council economic advisers says is that what the president is proposing would probably put about four thousand dollars a year more in your pocket as a four thousand dollar pay race as a result of this plan now that's done through a is that an average there will be an average middleclass family out the okay that's middle class sure yeah yeah so and we do that through of variety of ways one you touched on we're going to double the standard deduction which means that the first twenty four thousand dollars of income that your family brings in is totally taxfree big big deal proposed twelve 12000 were correctly stress doubling that you're also going to see an expansion of the child tax credit which is a big deal for families as well we're going to get rid of all the loopholes that.
"council economic advisors" Discussed on WTMA
"Issue as the you'll see that's that's the rumor out there we'll find out i guess well i know everybody's eager out there in radio land for this to move forward and and there are a lot of reports out there that are conflicting and that are causing some concern about the number of rackets an and whether some are going to be paying higher taxes whether loopholes will be eliminated and all of that good stuff and there it seems to be and i think the president is set himself that there are some who are big money earners who may actually both through a variety of means end up paying higher taxes but the middle class is of course the most important thing also expanding the number people who pay no taxes at all and those are areas of concern for different groups appear of course the middle classes looking for tax cuts i think people in the higher income brackets are looking for a tax cut are they going to get one what about the middle class and what about expanding the number of people who pay no federal income taxes at all yes the first thing i say if is if you are listening to this broadcast you get yourself tax cut in fact the council economic advisers says that what the president is proposing would probably put about four thousand dollars a year more in your pocket as a four thousand dollar pay race as a result of this plan now that's done to is that it an average there will be an average middleclass family i'll the okay and that's middleclass sure yeah yes so and we do that through a variety of ways one you touched on we're going to double the standard deduction which means that the first twenty four thousand dollars of income that your family brings in is totally taxfree big big deal has opposed to twelve thousand were correctly stress w net are you also going to see an expansion of the child tax credit which is a big deal for families as well we're going to get rid of all the loopholes that.
"council economic advisors" Discussed on WLOB
"You know tried their best to survive in what many you feel as the greatest city in the world and i do i love new york i love the city and i'm getting driven out of the city we're i won't spend money because of the confessed katori ridiculousness of a fifty six percent that's my that's literally one on pain in city state and federal tax i had somebody contact my business manager this week is a great guy he supported gallagher's arman i was a little confused by his email because he said oh my mike might not be getting the right information about this residency in taxes and all that and joey followed up and i know they exchange phone messages but the truth of the matter is that i guess the guy is making sure you better make sure you're fifty one percent or better in florida and i know that but the fact that i can do that and say because i'm at arkan citizen who pays taxes and i live in one part of the country i'm gonna get to pay extra number of fewer taxes and believe me the federal tax i pay its considerable as well so that doesn't go anywhere and if you're telling me fifty six percent is it my fair share i'm gonna tell you you're crazy and tr at president trump wants to fix this the president wants to change this and he wants and i was so excited to see newt gingrich on sean hannity show last night say say that we ought to be able to fill out our taxes on a postcard this is ridiculous i mean because what are you look what i'm doing in my mind as a guy who get his lucky and blessed and i'm i'm not i'm i'm i'm proud of my career but i also don't take it for granted i'm going to take the money on saving by not giving those vultures in new york all that money in city and say taxes and guess what i'm gonna spend that reward now maybe that's what they want i'd rather spend at a new york but let me keep more of my money you know hey i'd i'd be happy paying 45 percent taxes forty percent fifty six that's insane kevin hatchet who's a trump's council economic advisers chair recently said in a speech that.
"council economic advisors" Discussed on AM 1300 Business Radio KKOL
"The present administration we're observations on the the chinese eu as viewers a connery having particularly baden constructive is there ideas anyone for the economy in the present administration you view mm having particularly constructive ideas for the economy very slow in iranian calmer gaye ooh very slow in hiring the economists council economic advisers ooh come on small in role the economic in advisers go three to come financial markets small role very well man the trump administration free has been so in market lee very here well economic am oh elaine lee is here economic the core am federal reserve or is the board e the core coli o regulate the federal reserve or mary the board lawyer the oil great and mary marvin gaye great the chicago is many years ago regulation and look most marvin carnegie mellon gaye pointed i may differ chicago from marvin on come many years ago and most carnegie on mellon economic reappointed larry i may economist differ from marvin on ulster nate silver says he can economic show that the failures liberty of the rightwing parties mary and economou austrian elections pollster as well as nate the netherlands silver france says he uk can show that can the failures be traced of to the what rightwing he calls parties a trump and perfect austrian singing the elections reality of trump as well and as fallout the netherlands from brexit france and the uk help put the brakes can on be traced rightwing your what he nationalism calls a trump perfect do you agree with singing that the reality of trump then fallout out from brexit on l the put think the about brakes it on rightwing nationalism vote do you agree with that from the on to think about it our number the worker vote hmm areas in the.
"council economic advisors" Discussed on The Healthy Moms Podcast
"And i reached out to them because we notice such an amazing difference from the sepla and they agreed to give listeners a fifteen percent discount if you want to check them out go to love with my tummy dot com slash wellness momma and use the code well momma w e l l m a m a for a fifteen percent discount and those links will also be in the show notes as bob welcome to the healthy moms fogcast i'm katie from on osama dot com and i am excited about today's interview because as a topic that i have been really trying to research myself and i found an amazing book by an amazing author and i get to chat with her today margot may call biz now is the author of the book raising an entrepreneur ten rules for nurturing risktakers problem solvers and change makers and i love that title so much so she spent twenty years in the government including a staff director of the president's council economic advisers both of her children are grown one of them has a successful um he has several songs he's the successful musician with the band magic giant and her other sons founded a group called summit which is an international conference series for a millennial entrepreneurs and creatives and they led the purchase of an entire mountain in utah which is the permanent home for their community her husband markets also an entrepreneur forming his national newsletter company biz now media at age fifty and of course now she's an entrepreneur as well um with her writing career and all the work she does and i'm exuberant cited to jump in and talk margo welcome thanks for being here thank you so excited this is going to be so find this is a topic that's kind of near and dear to my heart because i am at this point of my life an entrepreneur but it almost was an accidental fall into that i was just.