Tapper Alert: Caterpillar CEO Directly Contradicts POTUS's Statements

After the President repeated the claim that Jim Owens, CEO of Caterpillar, said if Congress passes stimpack, he’ll rehire some of the 22,000 laid off last month, Tapper digs deeper – and Owens says the exact opposite. “The truth is we’re going to have more layoffs before we start hiring again”