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I'm no fan of former Treasury Secretary 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 to harm and the fact that it's going to explode the deficit.
Summers, who made an appearance on this Sunday's This Week with George Stephanopoulos, didn't mince words when it came to how many people they're going to kill.
STEPHANOPOULOS: Want to get more on this now from former Treasury Secretary Larry Summers. Also the former president of Harvard University.
Larry, thank you for joining us this morning.
In "The New York Times" this week, you and Robert Rubin, who also served as president -- as Treasury secretary, called this bill dangerous, said it “posed a huge risk to the economy.”
What are those risks?
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