"I don't think there's going to be an inflationary problem, but if there is, the Fed will be counted on to address it."
"Anything that affects U.S. tax law must be enacted by the U.S. Congress. So, Congress plays a critical role."
"I think it is important that Congress have oversight of all the executive branch activities and of agencies like the IRS."
"I think this is what most economists think--that the current burst of inflation we have seen reflects the difficulties of reopening an economy that has been shut down."
"I do not anticipate that it will be permanent."
"The President has pledged that no taxpayer earning under $400,000 will see their taxes raised by as much as a penny."
"He proposes to raise rates on dividends and capital gains on the principle that it is not fair for workers to pay a larger share of their wage income than wealthy individuals pay on their rewards."
"I think putting this Child Tax Credit in place really is an important step, and we are proposing to continue it."
"The Neighborhood Homes Investment Act... fills a need that is really not addressed anywhere else, as far as I know, in our tax structure."
"The New Markets Tax Credit--as you mentioned, the President has proposed an additional allocation. And we think that it is an important way of channeling funds to qualified community development entit..."
"It motivates both features of the American Rescue Plan and it has also motivated many of the proposals in the President's budget."
"This just simply has to be a very important priority."