Janet Yellen: “The most recent and optimistic estimate I’ve seen suggested that the average household will see on the order of $1,000…”

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.

In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'

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.

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.