Janet Yellen: “The President has, as you mentioned, pledged he does not want to see taxes raised by a penny on anyone making under…”

Absolutely, I think it's an irresponsible bill, tying support for Israel, lacking support for Ukraine, which are both vital national security interests, and then, tying aid for Israel to what is really an irresponsible proposal, to cut…

the Biden Administration has generally taken the view that it is up to Congress to decide what to do about that.

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

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.