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

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.

The president has made clear that he would veto the bill in the House that ties aid for Israel to cuts in funding for the Internal Revenue Service.

The Biden Administration has driven an historic economic recovery over the past three years.