On the recordMay 20, 2023
we're all concerned about deficits and fiscal responsibility, but deficits can be addressed both through changes in spending and also through changes in revenue.
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nbcnews.comJanet Yellen: “we're all concerned about deficits and fiscal responsibility, but deficits can be addressed both through changes in…”
Editor's note · Context
Yellen emphasizes the need for both spending cuts and revenue increases to address deficits.
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We share the objective that you have which is to rid ourselves of dependence on China.
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We need to enact policies to make sure that the debt stays sustainable and we are on a fiscally sustainable path.
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the Biden Administration has generally taken the view that it is up to Congress to decide what to do about that.
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