One Trump policy that Yellen says is creating fiscal headaches

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Electoral Politics,Signature Policy

As the 2024 election heats up, Treasury Secretary Janet Yellen spoke exclusively to Yahoo Finance about what a second Trump administration would mean for the...

"The signature policy from the Trump years was the Tax Cut and Jobs Act, and it promised an investment boom, which really did not materialize. It gave huge tax breaks to corporations and to wealthy individuals. And it resulted in an enormous increase in the deficit and lowered tax revenues below historic norms," Yellen explains.

Um, I, I guess I could just make a couple of policy oriented comments, which is that the signature policy from the Trump years was the tax cut and Jobs Act and it promised an investment boom which really did not materialize. And I think it's responsible um for many of the problems that we face now with the, um, our fiscal trajectory.Ex-Aide Predicts Future Of Donald And Melania Trump's RelationshipAlvin Bragg Claims Victory as Jim Jordan Seethes About YouTube Gun Vids

Experts called out the callous behavior within the Russian armed forces after drone footage showed a soldier shooting a wounded comrade.A Republican lawmaker announced Monday that she will force a vote soon to direct the House sergeant-at-arms to take the attorney general into custody by using a hardly used or discussed House procedural tool.

 

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