On the recordJune 12, 2023
The Biden Administration has generally taken the view that it is up to Congress to decide what to do about that.
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congress.govThe Biden Administration has generally taken the view that it is up to Congress to decide what to do about that.
Yellen emphasizes that Congress should address the SALT cap issue.
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I would expect inflation, on a year-over-year basis of this year, to shoot up to at least 3%, or slightly over, because of the tariffs.
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.
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.