Summers: No economist ‘without a strong political agenda’ says Trump bill good for economy
- Larry Summers criticized the One Big Beautiful Bill Act, claiming it will cause the death of 10,000 people in 10 years as estimated by the Neil Budget Lab at Yale University.
- The Congressional Budget Office stated that the law will add $3.3 trillion to the national debt.
- Summers expressed concern about economic risks, stating the bill could lead to inflation and recession for middle-class families.
- Summers described the legislation as a shameful act and referred to its budgetary maneuvers as 'magical thinking.
14 Articles
14 Articles
Larry Summers Blasts Big Shi**y Bill: Poses 'Huge Risks To Our Economy'
I'm no fan of former Fed Chair Larry Summers for a whole host of reasons, but I agree with a lot of his criticism about this so-called "Big Beautiful Bill" Republicans just passed and the kind of damage it's going to do. Republicans are out there trying to do damage control as we saw from the likes of Treasury Secretary Scott Bessent and White House economic adviser Kevin Hassett over the weekend, who were both lying about who this law is going …
‘Shameful Act’: Larry Summers Rips Trump and GOP’s Deadly Legislation, Warns of ‘2,000 Days of Death’ Like in Texas
Larry Summers, former Treasury Secretary under Presidents Clinton and Obama, didn’t hold back Sunday in condemning the new bill passed by the Republican-controlled Congress and pushed by President Donald Trump. He called it a “shameful act” that will cost American lives—“2,000 days of death” similar to the tragedy unfolding in Texas. Speaking on ABC News’ “This Week” with George Stephanopoulos, Summers laid out the harsh consequences of the bill…
ThePatriotLight - Scott Bessent Trashes Larry Summers Politicizing Texas Flood: 'Deeply Offensive'
ThePatriotLight - Treasury Secretary Scott Bessent took aim at former Harvard President Larry Summers, who also served as treasury secretary under President Bill Clinton, for politicizing the recent horrific flood in Texas. Speaking with ABC News on Sunday, Summers said the passage of President Donald Trump’s “Big, Beautiful Bill” will lead to “2,000 days of death like we’ve seen in Texas this weekend.” “The Yale Budget Lab estimates that it wil…


Summers: No economist 'without a strong political agenda' says Trump bill good for economy
Former Treasury Secretary Larry Summers railed against President Trump’s massive tax and spending bill, saying no objective economist would characterize the legislation as a boon to the economy. “There is no economist anywhere, without a strong political agenda, who is saying that this bill is a positive for the economy. And the overwhelming view is that it is probably
Larry Summers: "Shameful" GOP Megabill Will Kill 100,000 Americans In Ten Years
Former Treasury Secretary Larry Summers told ABC's George Stephanopoulos, "This Week," that the "Big, Beautiful" bill could ill as many as 100,000 Americans over the next ten years.
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