Janet Yellen: “The Biden Administration has driven an historic economic recovery over the past three years.”

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.

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

I will never forget it. I was involved in it, and we did everything we could to put together a package of measures that would stop what could have become a run on the banking system.

In 2034, under our budget, I believe it would be around 45 trillion.