On the recordJuly 14, 2015
You should be aware that interest rates are likely to rise and that will raise the interest cost of the debt.
Source
congress.govYou should be aware that interest rates are likely to rise and that will raise the interest cost of the debt.
Yellen warns about rising interest rates affecting debt costs.
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More from Janet Yellen
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.
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 most recent and optimistic estimate I’ve seen suggested that the average household will see on the order of $1,000 reduction in income.
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