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Yellen says spending bill would lower inflation, reduce household costs
The Hill ^ | 10/29/2021 | CAROLINE VAKIL

Posted on 10/29/2021 12:17:47 PM PDT by ChicagoConservative27

Treasury Secretary Janet Yellen told CNBC during an interview on Friday that the spending bill that Democrats are proposing would lower inflation by reducing household costs including health care.

“I don't think that these investments will drive up inflation at all. First of all, they're fully paid for and not by imposing higher taxes on anyone earning under $400,000. But by asking corporations, high-income individuals to pay their fair share, and by investing in the Internal Revenue Service so that they can boost compliance which has fallen to low levels,” Yellen said during an interview in Rome, where she is attending the G-20 conference.

“For many American families experiencing inflation, seeing the prices of gas and other things that they buy rise, what this package will do is lower some of the most important costs — what they pay for health care, for child care, and it's anti-inflationary in that sense as well,” she added.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Government
KEYWORDS: bill; inflation; insane; nuts; psychotic; spending; yellen
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This demented broad is two for two with her stupid comments today.
1 posted on 10/29/2021 12:17:47 PM PDT by ChicagoConservative27
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To: ChicagoConservative27

And battery acid makes a great mixer for cocktails.


2 posted on 10/29/2021 12:18:38 PM PDT by Army Air Corps (Four Fried Chickens and a Coke)
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To: ChicagoConservative27

“This demented broad is two for two with her stupid comments today.”

If you’re pushing the party agenda, no lie is challenged. It will be reported as wisdom.


3 posted on 10/29/2021 12:20:05 PM PDT by brownsfan (For conservatives, we have taxation without representation.)
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To: ChicagoConservative27

“This demented broad is two for two with her stupid comments today.”
She knows as much about economics as Gore knows about science. Or CNN knows about truth.


4 posted on 10/29/2021 12:24:27 PM PDT by Da Coyote
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To: ChicagoConservative27

Our momma’s on crack.

https://www.youtube.com/watch?v=38_MwcGDNhQ


5 posted on 10/29/2021 12:27:12 PM PDT by bakeneko
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To: ChicagoConservative27

Inflation is here, it’s a reality. Yellen is claiming a bill she knows isn’t going to pass is its cure, so when the bill fails she can claim the inflation she stoked is somebody else’s fault.


6 posted on 10/29/2021 12:30:36 PM PDT by Billthedrill
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To: ChicagoConservative27

Her position is beyond insulting, it’s evil.


7 posted on 10/29/2021 12:31:04 PM PDT by simpson96
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To: Billthedrill
so when the bill fails she can claim the inflation she stoked is somebody else Trump’s fault.
8 posted on 10/29/2021 12:32:16 PM PDT by PIF (They came for me and mine ... now its your turn)
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To: ChicagoConservative27

Printing money and vastly lowering production of goods actually results in DEFLATION.

What a twat.


9 posted on 10/29/2021 12:32:25 PM PDT by Lazamataz (I feel like it is 1937 Germany, and my last name is Feinberg.)
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To: ChicagoConservative27

With comments like that it’s frightening to know she was in charge of our money supply at one time.


10 posted on 10/29/2021 12:33:54 PM PDT by ProudDeplorable (Concentrated power has always been the enemy of liberty. ~ Ronald Reagan)
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To: ChicagoConservative27
There's some SERIOUS mind control/brainwashing going on right now in DC. CIA must be BUSY! Pretty scary if THEY CAN DO THIS REMOTELY. OBIDEN IS OBVIOUSLY UNDER A SOULLESS SPELL.

Obiden doesn't give a SH!T about DEAD MARINES, YOUNG GIRLS RAPED IN BATHROOMS, OR EMT'S, FIREFIGHTERS OR POLICE WHO GET FIRED FOR SIMPLY REFUSING TO HAVE GRAPHENE OXIDE INJECTED INTO THEIR BODIES.

OH YEAH AND THIS IS A MUST READ. I don't know who wrote it but it sure is poignant:


11 posted on 10/29/2021 12:34:02 PM PDT by CivilWarBrewing (Get off my b"ack for my usage of CAPS, especially you snowflake males! MAN UP!)
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To: ChicagoConservative27

What a nutcase. She’s a top economist?
Inflation is the direct result of more money chasing limited goods. There is no universe in which spending $2 trillion results in lower costs.


12 posted on 10/29/2021 12:34:11 PM PDT by monkeyshine (live and let live is dead)
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To: ChicagoConservative27

I’m going to spend my way out of debt. It really works {sarc}


13 posted on 10/29/2021 12:34:14 PM PDT by dirtymac ( Now Is The Time For All Good Men To ComeTo The Aid Of Their Country! NOW)
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To: ChicagoConservative27

GEEEEEE-—

I always thought a WHOPPER was a sandwich at Burger King.


14 posted on 10/29/2021 12:35:09 PM PDT by ridesthemiles ( )
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To: ChicagoConservative27

I have NO KINDS

NO Health issues

What is helping ME????


15 posted on 10/29/2021 12:35:49 PM PDT by ridesthemiles ( )
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To: ChicagoConservative27

I have NO KIDS

NO Health issues

What is helping ME????


16 posted on 10/29/2021 12:35:56 PM PDT by ridesthemiles ( )
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To: ChicagoConservative27

What’s next? Borrowing our way out of debt?


17 posted on 10/29/2021 12:38:23 PM PDT by ArcadeQuarters (Remember the 2020 backstabbers. No more RINOs ever!)
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To: ChicagoConservative27

Kaptian kangaroo sez so


18 posted on 10/29/2021 12:38:45 PM PDT by ronnie raygun
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To: ChicagoConservative27

Yup. Pass the bill, get your CONvid shot....POOF! Gas at $1.57/gal, treadmills delivered, store shelves fully stocked. Step up people.


19 posted on 10/29/2021 12:39:03 PM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
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To: ChicagoConservative27

Gee....why does everyone else say different?


20 posted on 10/29/2021 12:43:38 PM PDT by Sacajaweau
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