Janet Yellen: “The interest we pay on excess reserves will be the key tool that we use in order to raise the Federal funds rate.”

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 Fed does not have a 'good handle on how the tariffs are going to affect either spending in the labor market or inflation.'

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

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