"The most recent and optimistic estimate I’ve seen suggested that the average household will see on the order of $1,000 reduction in income."
"The Fed does not have a 'good handle on how the tariffs are going to affect either spending in the labor market or inflation.'"
"I definitely expect that we’re going to see them impact pricing."
"I would expect inflation, on a year-over-year basis of this year, to shoot up to at least 3%, or slightly over, because of the tariffs."
"In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'"
"Corporate anonymity enables money laundering, drug trafficking, terrorism, and corruption."
"We certainly have proposed extending the Child Tax Credit, which was immensely helpful, and we are supportive of the legislation that has gone through the House."
"I am optimistic, because I believe that the big inflationary impulse that we saw in 2022 largely was global."
"the tax cuts passed by Donald Trump and Congressional Republicans... was responsible for many of the problems that we face now with our fiscal trajectory."
"We share the objective that you have which is to rid ourselves of dependence on China."
"President Biden has made it clear he would never support cuts in benefits to those individuals."