Janet Yellen: “The President has been very clear that no family earning less than $400,000 will face a tax hike.”

I would certainly call a success.

In 2034, under our budget, I believe it would be around 45 trillion.

But what caused our cash balances to run to exceptionally low levels in the past was the failure of Congress to raise the debt limit.

In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'