On the recordJune 12, 2023
I believe it succeeded.
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congress.govI believe it succeeded.
Yellen asserts that the actions taken during the bank crisis were effective in preventing contagion.
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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.
He has explicitly said that he will not agree to raise taxes for people making under $400,000.