$2,000 Stimulus Checks Would be a Mistake: Summers

Dec. 25 - Former US Treasury Secretary Lawrence H. Summers, a Wall Street Week employee and campaign advisor to Pres-elect Biden, says increasing the direct stimulus payments to $ 2,000 could temporarily overheat the economy as it does would not contribute to consumer spending in the sectors that need it. He joins David Westin on Bloomberg Wall Street Week.
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