FOX News Rundown Extra: Covid Relief, Our Massive Deficit & The State Of The US Economy

The Fox News Rundown

FOX News Podcasts

Daily News, News, Politics

3.4 • 1.7K Ratings

🗓️ 7 February 2021

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Democrats continue to push President Biden's $1.9 trillion dollar covid relief proposal despite concerns from Republicans over the bill's price tag. Earlier this week, former Reagan economic adviser Art Laffer joined host Dave Anthony to share his thoughts on what financial assistance is needed to help struggling Americans, and why he is troubled about our country's massive deficit. The conversation was too long and we could only include a small portion of it in our original segment. On The FOX News Rundown Extra, we will let you hear Art Laffer's take on the state of the American economy and what should and should not be done to help us get through the economic challenges being brought on by the pandemic. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hi all how we doing afternoon afternoon let's get this meeting meeting meeting
0:06.0	started
0:07.0	when everyone's home erepte work mode
0:12.0	when everyone's home ee work mode prioritizes your broadband for working from home, with faster speeds in more places than anyone else.
0:18.0	So, yeah, yeah, I've got you loud and clear, clear is about.
0:21.0	This is broadband made for working from home.
0:24.0	Search EE broadband, powered by BT.
0:26.7	Work mode with EE Smart Hub Plus to verify the EE.
0:28.9	C EE. C EE. K slash claims.
0:30.7	This is the Fox News Run Down Extra.
0:35.0	I'm Dave Anthony.
0:40.0	Today, a legend in the field of economics, especially among conservatives who advocate
0:46.7	those supply side policies, derided by critics as trickle-down economics, but in the 1980s it was the theory behind Reagan
0:55.2	and Art Laffer was at the forefront a member of President Reagan's Economic
0:59.9	Policy Advisory Board. Now we picked Art Laffer's brain this week on the nearly two trillion dollar Corona Financial
1:07.6	Aid Package now working its way through Congress, and he had a whole lot to say.
1:14.0	So much we couldn't possibly fit it all into our rundown segment the other day.
1:17.8	Well, today we can and will in a moment.
1:21.5	I want to first point out, we talked to him before the Senate's all
1:24.8	night marathon voter-rama considering hundreds of amendments to what's called a
1:29.8	budget resolution. Now stick with me here. I know it's weedy, but it's how Congress
1:35.2	operates. They approved a few of these, including a provision that the minimum wage
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