Former Treasury Secretary Steven Mnuchin joins FOX Business' 'Kudlow' to discuss the current state of the economy
on Wednesday to offer his take on the state of the economy right now, and what should be done moving forward as the U.S. faces surging debt and inflation.
While it appears to be dead for now, the passage of the legislation would mean an estimated $5 trillion more in federal spending on top of three prior multi-trillion-dollar emergency spending packages amid the pandemic. Treasury Secretary Steven Mnuchin speaks with reporters about the coronavirus relief package negotiations, at the White House, Thursday, July 23, 2020, in Washington."But we should have stopped there," Mnuchin continued. Referencing Democrats' partisan COVID-19 relief bill from the spring, he said, "We didn't need the last $2 trillion, and we surely don't need more spending now.
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