On the recordMarch 22, 2023
the Trump tax cuts added hugely to the deficit.
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Janet L. Yellen
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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.
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 also asking for an increase for the Community Development Financial Institutions (CDFI) Fund, which expands credit and financial support to historically underserved communities.