Sheets of USD 20 bills roll through the printing press on July 12, 2012, at the US Bureau of Engraving (BEP) in Washington, DC, where the high-tech presses run 24-hours a day. The BEP  is a government agency within the United States Department of the Treasury that designs and produces a variety of security products for the United States government, most notable of which is paper currency for the Federal Reserve. The BEP had its foundations in 1862 with workers signing, separating, and trimming sheets of Demand Notes in the Treasury building.  With production facilities in Washington, DC, and in Fort Worth, Texas,  during Fiscal Year (FY) 2011, the BEP produced approximately 23.5 million notes a day with a face value of approximately USD USD 453 million. During Fiscal Year (FY) 2011, approximately 5.8 billion notes were delivered at an average cost of 9.1 cents per note.  Ninety-five percent of the notes printed each year are used to replace notes already in, or taken out of circulation.  Between the Fort Worth and Washington facilities approximately 8.5 tons of ink per day were used during FY 2011.    AFP PHOTO / Paul J. RICHARDS (Photo by Paul J. RICHARDS / AFP) (Photo by PAUL J. RICHARDS/AFP via Getty Images)
Economics professor: Facts keep interfering with Trump’s talking points about the economy

University of Michigan professor of economics Justin Wolfers, who is one of the 400 economists backing Kamala Harris' candidacy, says the facts about the US economy "interfere" with Donald Trump's claims about the economy.

2:09 • Source: CNN
Top business news 16 videos
Sheets of USD 20 bills roll through the printing press on July 12, 2012, at the US Bureau of Engraving (BEP) in Washington, DC, where the high-tech presses run 24-hours a day. The BEP  is a government agency within the United States Department of the Treasury that designs and produces a variety of security products for the United States government, most notable of which is paper currency for the Federal Reserve. The BEP had its foundations in 1862 with workers signing, separating, and trimming sheets of Demand Notes in the Treasury building.  With production facilities in Washington, DC, and in Fort Worth, Texas,  during Fiscal Year (FY) 2011, the BEP produced approximately 23.5 million notes a day with a face value of approximately USD USD 453 million. During Fiscal Year (FY) 2011, approximately 5.8 billion notes were delivered at an average cost of 9.1 cents per note.  Ninety-five percent of the notes printed each year are used to replace notes already in, or taken out of circulation.  Between the Fort Worth and Washington facilities approximately 8.5 tons of ink per day were used during FY 2011.    AFP PHOTO / Paul J. RICHARDS (Photo by Paul J. RICHARDS / AFP) (Photo by PAUL J. RICHARDS/AFP via Getty Images)
Economics professor: Facts keep interfering with Trump’s talking points about the economy
02:09
Now playing
• Source: CNN
wide v2 clean.00_00_24_19.Still001.png
Canadian FM: 'Of course' Canada is in a trade war with US
01:49
Now playing
• Source: CNN
barnett.jpg
GOP mayor explains what effects Trump's tariffs could have on his city
01:50
Now playing
• Source: CNN
still_21500347_905515.266_still.jpg
Harry Enten breaks down how much tariffs could cost American households
00:57
Now playing
• Source: CNN
alexa thumb 1.jpg
‘An incremental loss of control’: Privacy expert explains why a change to Amazon Echo matters
03:13
Now playing
• Source: CNN
thumb1.png
'This is the most affordable place': Family Dollar customers explain why the store matters
02:20
Now playing
• Source: CNN
Yurkevich .jpg
Vanessa Yurkevich explains what Trump's auto tariffs could mean for consumers
02:22
Now playing
• Source: CNN
20250326-trump_crypto split_full16x9.jpg
What we know about Trump family’s plan to sell a new cryptocurrency
02:31
Now playing
• Source: CNN
gerber.jpg
Tesla investor sounds alarm over success of rival EV company
01:47
Now playing
• Source: CNN
Yurkevich.jpg
Buying a house is expensive. Lumber tariffs will make it worse
02:32
Now playing
• Source: CNN
still_21474030_11412.258_still.jpg
CNN's Matt Egan asks Fed Chair if he's worried about the stock market
01:22
Now playing
• Source: CNN
thump opt 1.jpg
'Stressful times': This market is scary. Here's why not to pull your money out
01:31
Now playing
• Source: CNN
Traders work on the floor of the New York Stock Exchange during morning trading on January 28, 2025 in New York City.
CNN reporter breaks down market meltdown
01:29
Now playing
• Source: CNN
clipped thumbnail - jim-best-golf-scuba-diving-spt-intl - CNN ID 21448969 - 00:00:11;00
The most unusual job in sports? This scuba diver turns lost golf balls into lucrative business
01:39
Now playing
• Source: CNN
maternity leave still 2
How to craft the perfect maternity leave out of office message
01:33
Now playing
• Source: CNN
Microsoft AI model
CNN writer explains how Microsoft's new AI model works
02:20
Now playing
• Source: CNN