President Obama has repeatedly urged Congress to let the Bush tax cuts expire for those earning more than $250,000 a year. Increasing rates on top earners is an obvious way to raise revenue from those who can afford it most.
Christina RomerI think something that forces financial institutions to write down underwater mortgages, I think, would be a sensible thing to do.
Christina RomerThe very first email I got [was] from a women's group saying 'We don't want this stimulus package to just create jobs for burly men.'
Christina RomerYou know, I think the, the crucial thing, you know, we have put in place what is, is just simply the biggest, boldest recovery package in history, right; the stimulus package, biggest ever; the financial rescue, absolutely comprehensive; a housing plan - that is incredible medicine for the economy. And we fully expect it to work.
Christina Romer