Janet Yellen

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.

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.

I definitely expect that we’re going to see them impact pricing.

In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'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.

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.

I am optimistic, because I believe that the big inflationary impulse that we saw in 2022 largely was global.

We share the objective that you have which is to rid ourselves of dependence on China.

He will oppose any tax increases on families earning under $400,000 at the same time that he will oppose keeping in place benefits that went to the wealthy.

There will be a negotiation over what to do when these tax cuts expire.

President Biden has said he would oppose allowing tax cuts to expire for people making under $400,000.

President Biden has made absolutely clear that he opposes increasing taxes on people earning less than $400,000.

We will respond to the letter, and I don't really have more to say about that.

But what caused our cash balances to run to exceptionally low levels in the past was the failure of Congress to raise the debt limit.

The President has been very clear that no family earning less than $400,000 will face a tax hike.

The President has proposed in his most recent budget expanding the Child Tax Credit.

The Biden Administration has driven an historic economic recovery over the past three years.

I think it is appropriate to do that.

How is it that our corporations, our multi-nationals would remain competitive if they pay a rate on their foreign profits that is higher than 15 percent?

I do have concern about where we are going unless we undertake some significant steps to reduce the budget deficit.

President Biden has made it clear he would never support cuts in benefits to those individuals.

The President supports no tax increases on families making under $400,000.

I would certainly call a success.