Janet Yellen: “This demand for American products creates U.S. jobs that pay better. Studies have shown that women, in particular, could…”

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.

In 2034, under our budget, I believe it would be around 45 trillion.

I would expect inflation, on a year-over-year basis of this year, to shoot up to at least 3%, or slightly over, because of the tariffs.

I do have concern about where we are going unless we undertake some significant steps to reduce the budget deficit.