On the recordMay 20, 2023
Since 1789, the United States has a history of paying its bills on time.
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nbcnews.comSince 1789, the United States has a history of paying its bills on time.
Janet Yellen underscores the importance of the U.S. maintaining its commitment to pay its debts.
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I think this is an area where congressional legislation is appropriate to create an appropriate prudential framework.
President Biden has made absolutely clear that he opposes increasing taxes on people earning less than $400,000.
I do have concern about where we are going unless we undertake some significant steps to reduce the budget deficit.
President Biden has said he would oppose allowing tax cuts to expire for people making under $400,000.