Economists debate the pros and cons of $2,000 direct payments

The $2,000 stimulus checks now being considered by Congress would by far be the largest ever sent out and have sparked a debate among economists about whether they are necessary or effective. Some say sending money to the employed is a waste of taxpayer funds while others think the checks would inject a lot of money quickly into the economy, and provide benefits to people who may slip through the cracks of the existing benefits system. CNBC's Steve Liesman breaks down the debate.
Wed, Dec 30 20208:11 AM EST