On the recordFebruary 23, 2015
There is no spin here. Our confidence in the economy has improved, and when we raise rates, it will be a signal in our confidence in the underlying fundamentals.
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congress.govThere is no spin here. Our confidence in the economy has improved, and when we raise rates, it will be a signal in our confidence in the underlying fundamentals.
Yellen emphasizes that confidence in the economy is based on real improvements, not mere perception.
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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.
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.