Sooner or later things like your sovereign currency are at risk.
You don't have the printing press in the basement, and you do not have a credit card that is automatically renewable.
Running $2 trillion deficits, the Trump tax cuts, which by the way were getting close to paying for themselves pre-COVID, that is chump chan...
If you do tax it more, you will have lower economic growth over time.
So, in 2019 we spent about 4.5 trillion. 2020 we did the CARES Act, and that was bipartisan.
I think a price signal will lead to innovations.
I think if we still have a Budget Committee, we ought to use it through regular order to at least put something out there.
We are entering into a much broader discussion. It is right in front of us now with what is happening over in the House in terms of debt lim...
the numbers always win. You can't escape them. And currently, we are in a place where we have got time, but it takes political will and disc...
What we need to do is use our own oil and natural gas resources.
I certainly think if we don't have smart policy that addresses the issue domestically, other countries are less likely to act.
We just don't have an economy that will give us more revenue.
my Carbon Pricing Bill was priced out at about $2 trillion over 10 years.