Feb. 14 (Bloomberg) — David Stockman, who served as budget director in the Reagan administration, talks about President Barack Obama’s $3.7 trillion budget proposal. The spending plan projects the federal deficit will exceed $1 trillion for the fourth consecutive year in 2012 before falling to more “sustainable” levels by the middle of the decade. Stockman speaks with Matt Miller and Carol Massar on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)
Tag: english
Goolsbee Says Financial Overhaul Bill Forbids Bailouts: Video
April 14 (Bloomberg) — Austan Goolsbee, a senior White House economic adviser, talks with Bloomberg’s Lori Rothman and Julie Hyman about today’s meeting between President Barack Obama and House and Senate leaders. Obama said congressional leaders must finish work on revamping US financial-market rules, including oversight for the $605 trillion over-the-counter derivatives market. Republican Leader Mitch McConnell, who was at the White House meeting, has characterized the proposal as a guaranteed bailout for failing banks. (Source: Bloomberg)
White House’s Summers Discusses US Economic Recovery: Video
July 21 (Bloomberg) — White House economic adviser Lawrence Summers talks with Bloomberg’s Julianna Goldman about the outlook for the US economy. (This is an excerpt of the full interview. Source: Bloomberg)
Goolsbee Says Obama Got Incentives He Wanted in Tax Deal: Video
Dec. 9 (Bloomberg) — Austan Goolsbee, chairman of the White House Council of Economic Advisers, talks about the agreement reached between President Barack Obama and Republican lawmakers to extend Bush-era tax cuts for all income levels. House Democrats voted to block a floor debate on Obama’s tax deal, in a non-binding move to force changes in the proposal. Goolsbee talks with Matt Miller and Carol Massar on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)
Hu Says China Respects `Universality of Human Rights’
Jan. 19 (Bloomberg) — Chinese President Hu Jintao responds to a question about human rights from Bloomberg’s Han Nichols during a news conference with US President Barack Obama at the White House today. (Hu’s remarks in Mandarin are translated into English. Source: Bloomberg)