As the FOMC stated in 2012, I believe, we issued a set of exit principles in which one of the principles was that over time we sought to normalize the size of our balance sheet and to bring it down to the smallest level consistent with the efficient and effective conduct of monetary policy.
Yellen discusses the Federal Reserve's commitment to normalizing its balance sheet.
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The President has proposed in his most recent budget expanding the Child Tax Credit.
The President has been very clear that no family earning less than $400,000 will face a tax hike.
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.
How is it that our corporations, our multi-nationals would remain competitive if they pay a rate on their foreign profits that is higher than 15 percent?
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