I believe that eliminating the right of women to make decisions about when and whether to have children would have very damaging effects on the economy and would set women back decades. Roe v. Wade and access to reproductive health care, including abortion, helped lead to increased labor force participation.
Treasury Secretary Yellen discusses the economic implications of overturning Roe v. Wade.
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We certainly have proposed extending the Child Tax Credit, which was immensely helpful, and we are supportive of the legislation that has gone through the House.
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.
I am optimistic, because I believe that the big inflationary impulse that we saw in 2022 largely was global.
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