On the recordJuly 8, 2024
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.
Source
congress.govWe 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.
Yellen discusses extending the Child Tax Credit to help families.
Share
More from Janet Yellen
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.
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.
The Fed does not have a 'good handle on how the tariffs are going to affect either spending in the labor market or inflation.'