Published December 08, 2010
Summers says he thinks Congress will pass the deal President Barack Obama struck with Republicans — notwithstanding Democrats' heartburn over the two-year extension of tax cuts for the rich as well as the middle class.
Summers told reporters at the White House on Wednesday that he doesn't think that Congress would take a step that "materially increases the risk that this economy will stall out." That's what he says could happen if Congress fails to act.
Summers says positive reviews coming in from economists show the deal is the right thing to do.