Janet Yellen: “I absolutely agree with the comments you made about [Free File]. It hasn't worked. We need to develop a new system.”

Absolutely, I think it's an irresponsible bill, tying support for Israel, lacking support for Ukraine, which are both vital national security interests, and then, tying aid for Israel to what is really an irresponsible proposal, to cut…

The treasury secretary, Janet Yellen, is my exclusive guest tonight.

We need to enact policies to make sure that the debt stays sustainable and we are on a fiscally sustainable path.

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.