Janet Yellen: “We have seen that deflation is associated with very weak outcomes, economic outcomes, in the rare situations where it…”

In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'

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.

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.

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.