Janet Yellen: “In the long run, I believe the benefits will far outweigh the costs, especially if we care about helping people who have…”

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.

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

The tax cuts passed by Donald Trump and Congressional Republicans... was responsible for many of the problems that we face now with our fiscal trajectory.

In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'