The President has proposed in his most recent budget expanding the Child Tax Credit.
Janet Yellen
The Public Record
Janet Louise Yellen is an American economist currently serving as the 78th United States Secretary of the Treasury, a position she has held since January 26, 2021. She is a member of the Democratic Party and has a distinguished career in economic policy and public service. Yellen previously served as the Chair of the Federal Reserve from 2014 to 2018, becoming the first woman to hold that role. During her tenure at the Federal Reserve, she focused on issues such as unemployment and inflation, advocating for policies aimed at economic recovery following the 2008 financial crisis.
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.
We will respond to the letter, and I don't really have more to say about that.
The President has been very clear that no family earning less than $400,000 will face a tax hike.
We need to enact policies to make sure that the debt stays sustainable and we are on a fiscally sustainable path.
The Biden Administration has driven an historic economic recovery over the past three years.
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?
President Biden has made absolutely clear that he opposes increasing taxes on people earning less than $400,000.





