On the recordMarch 22, 2023
the Trump tax cuts added hugely to the deficit.
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Janet L. Yellen
Source
congress.govthe Trump tax cuts added hugely to the deficit.
Yellen discusses the impact of Trump tax cuts on the deficit.
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Thank you for the invitation to testify and for your support of the Treasury Department.
It is a fundamental, basic responsibility of Congress to pay the Government's bills. And I call on Congress to expeditiously raise the debt ceiling.
We are changing that. Our budget request provides steady State operational funding that will allow taxpayers to receive the best service possible.