Calls for a smaller stimulus to prevent a double-dip recession

Calls are growing for Congress to agree on a smaller stimulus package before the year ends.

Both chambers return from the Thanksgiving holiday today.

Austan Goolsbee, who worked for the Obama administration, says that it may be time for House Democrats to accept a smaller relief package now, then push for more later.

He tells CNN that unless something is done for families who cannot pay rent or their mortgage, we could end up in a double-dip recession.

Goolsbee says that any relief sent to people now, would not jumpstart growth. Instead, it would keep people from being evicted and businesses from shutting down permanently, from what was supposed to be a temporary shock.


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