Janet Yellen actually said...

"The New Markets Tax Credit--as you mentioned, the President has proposed an additional allocation. And we think that it is an important way of channeling funds to qualified community development entit..."

"While the highest earners have seen their income grow, families at the bottom end of the distribution have seen their pay stagnate."

"He proposes to raise rates on dividends and capital gains on the principle that it is not fair for workers to pay a larger share of their wage income than wealthy individuals pay on their rewards."

"The Biden administration is certainly concerned about these children."