On the recordApril 29, 2024
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.
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congress.govBut what caused our cash balances to run to exceptionally low levels in the past was the failure of Congress to raise the debt limit.
Yellen discusses the impact of Congress not raising the debt limit on cash balances.
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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.
The President has been very clear that no family earning less than $400,000 will face a tax hike.