Janet Yellen: “The Trump tax cuts added hugely to the deficit. I wish I recalled, it was something like $2 trillion over 10 years.”

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.

I definitely expect that we’re going to see them impact pricing.

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.

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