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Date
Summary
Rep. Garamendi: American Rescue Plan and ‘Inflation Reduction Act’ Are ‘Driving the Economy’
Subjects
Source
CNN

Name: CNN
URL: http://www.cnn.com/
Show
CNN News Central

Name: CNN News Central
URL: https://www.cnn.com/
Persons
John Garamendi
, Sara Sidner

Name: John Garamendi
Employment: U.S. Congress
Position: U.S. Representative

Name: Sara Sidner
Employment: CNN
Position: Anchor
Event
Event location
–
Link
–
Original recording
Uploaded
08/07/2024 07:13 am
Owner
Alex (staff)
Type
Video
Format
MP4 (720x406)
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Duration
0:02:53
Views
5
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0
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0
Transcript
SIDNER I do want ░░░░░░░░ talk to you about ░░░░░░░░ economy because this is ░░░░░░░░ area where even though ░░░░░░░░ economic indicators have been ░░░░░░░░ good up until Monday ░░░░░░░░ things got a little ░░░░░░░░ on Wall Street Americans ░░░░░░░░ and time again have ░░░░░░░░ that they don t ░░░░░░░░ good about their own ░░░░░░░░ economies because of inflation ░░░░░░░░ of the high cost ░░░░░░░░ things even though inflation ░░░░░░░░ come down There s ░░░░░░░░ a feeling of a ░░░░░░░░ for Americans as they ░░░░░░░░ about their daily life ░░░░░░░░ does Tim Walz and ░░░░░░░░ win over these voters ░░░░░░░░ the white working class ░░░░░░░░ that they lost to ░░░░░░░░ Trump in particularly the ░░░░░░░░ states GARAMENDI Well certainly ░░░░░░░░ is on the minds ░░░░░░░░ the voters no doubt ░░░░░░░░ it But also the ░░░░░░░░ came out of a ░░░░░░░░ shutdown when Biden came ░░░░░░░░ office And the American ░░░░░░░░ Plan was put in ░░░░░░░░ other pieces of legislation ░░░░░░░░ are now driving the ░░░░░░░░ The Inflation Reduction Act ░░░░░░░░ infrastructure the CHIPS Act ░░░░░░░░ of these things are ░░░░░░░░ to the economy But ░░░░░░░░ s about today And ░░░░░░░░ we ve seen inflation ░░░░░░░░ way down And one ░░░░░░░░ the reasons for the ░░░░░░░░ folks on Wall Street ░░░░░░░░ that there s going ░░░░░░░░ be a change The ░░░░░░░░ rate policies will change ░░░░░░░░ the next few days ░░░░░░░░ the unknown effect of ░░░░░░░░ has caused jitters has ░░░░░░░░ jitters on Wall Street ░░░░░░░░ we re going to ░░░░░░░░ have a very strong ░░░░░░░░ million jobs the largest ░░░░░░░░ growth ever in a ░░░░░░░░ and a half year ░░░░░░░░ has occurred in the ░░░░░░░░ Harris Administration and that ░░░░░░░░ carry forward as we ░░░░░░░░ at the days ahead ░░░░░░░░ the job growth has ░░░░░░░░ down It was expected ░░░░░░░░ slow down That s ░░░░░░░░ what the Federal what ░░░░░░░░ Fed wanted to have ░░░░░░░░ That s why they ░░░░░░░░ the interest rates high ░░░░░░░░ that effect is in ░░░░░░░░ now However it will ░░░░░░░░ And that s what ░░░░░░░░ are we will see ░░░░░░░░ the days and hopefully ░░░░░░░░ the next 90 days ░░░░░░░░ stability is there and ░░░░░░░░ will present itself But ░░░░░░░░ need but what needs ░░░░░░░░ be known and this ░░░░░░░░ be carried out in ░░░░░░░░ cabin campaign is that ░░░░░░░░ place are the key ░░░░░░░░ pieces for a growing ░░░░░░░░ and the jobs will ░░░░░░░░ out ahead of us ░░░░░░░░ also we ll have ░░░░░░░░ Walz and Kamala talking ░░░░░░░░ the issues of education ░░░░░░░░ job preparation and moving ░░░░░░░░ that the economy I ░░░░░░░░ very very excited In ░░░░░░░░ I wore my Minnesota ░░░░░░░░ today SIDNER I noticed ░░░░░░░░ in the great state ░░░░░░░░ California the golden state ░░░░░░░░ ve got your Minnesota ░░░░░░░░ on Appreciate it Congressman ░░░░░░░░ Garamendi Its going to ░░░░░░░░ hot though Be careful ░░░░░░░░ that Thank you so ░░░░░░░░
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