Despite some warning signs, the “economy is strong” and, even more important, so is the opposition to President Joe Biden’s economy-killing Build Back Better spending plan, according to former Trump administration Director of the National Economic Council Larry Kudlow.
“I think the bill is dead; right now I can tell you with certainty: It will not pass between now and year’s end,” Kudlow told Sunday’s “The Cats Roundtable” WABC 770 AM-N.Y. “And I regard that as a very good thing because, frankly, if the bill did go through it, would do great damage to our economy.”
While Democrats are unlikely to squeeze the socialist-spending bill through the 50-50 Senate even through budget reconciliation, they can revive it after the new year, Kudlow warned host John Catsimatidis.
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