White House Council of Economic Advisers Member: 'We're still very much climbing out of a hole'

Recent Covid-19 case counts and job numbers show the U.S. economy is on the upswing, so does the government need to spend an additional $4 trillion on recovery? White House Council of Economic Advisers Member Jared Bernstein makes the case for President Biden's ambitious economic packages and tells Stephanie Ruhle, "We're still very much climbing out of a hole."