Janet Yellen actually said...

We are trying to add to the IRS's resources so that they will be able to handle these things in a more expedited fashion.

I do support eliminating stepped-up basis. The reason is that a very large share of the income of wealthy individuals is simply never taxed.

I cannot think of anything more harmful to the role of the dollar than failing to raise the debt ceiling.

failing to increase the debt limit would have catastrophic economic consequences.