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On Monday’s broadcast of CNBC’s “Squawk Box,” Treasury Secretary Janet Yellen acknowledged that we do need to have a fiscally responsible path, especially since “the higher interest rate environment does pose additional challenges” but we don’t need offsets for Israel and Ukraine spending since they are emergency spending. After Yellen pushed for the aid package proposed by the Biden administration for Israel and Ukraine, co-host Andrew Ross Sorkin asked, “[W]e are having our debt and deficit go up and up and up and up and up. We had Stan Druckenmiller on our program recently. He said, we are spending like...

On Monday’s broadcast of CNBC’s “Squawk Box,” Treasury Secretary Janet Yellen pushed for the aid package on Israel and Ukraine proposed by President Joe Biden and stated that Europe needs “us to do our part for this to hold together as a package” on Ukraine. Yellen said, “Well, it’s a critical priority for the President, and critical to the national security of our country. I can’t prognosticate about the timetable on this. I’m pleased that Congress has passed legislation to keep the government open and running, but it really is essential that this aid be provided both to Israel and...