Janet Yellen: “Congress does need to provide legislation for the LIBOR transition.”

He will oppose any tax increases on families earning under $400,000 at the same time that he will oppose keeping in place benefits that went to the wealthy.

We share the objective that you have which is to rid ourselves of dependence on China.

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.

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