Political Quotes

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

On the recordMarch 22, 2023
The Trump tax cuts added hugely to the deficit. I wish I recalled, it was something like $2 trillion over 10 years.
Said by
Janet Yellen
Democratic · California

Editor's note · Context

Yellen discusses the significant impact of Trump tax cuts on the deficit.

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More from Janet Yellen

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In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'

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

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Apr 29, 2024

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

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