Janet Yellen: “I think this is something that we would be-- working on, on a bipartisan basis to discuss alternatives and evaluate them…”

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

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.

I am optimistic, because I believe that the big inflationary impulse that we saw in 2022 largely was global.

The President has proposed in his most recent budget expanding the Child Tax Credit.