Janet Yellen: “the Trump tax cuts added hugely to the deficit.”

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

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In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'

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