Yellen seeks to tamp down concern over US government spending under Biden
by Guardian staff and agencies from US news | The Guardian on (#5HBFR)
- Treasury secretary backs tax rises on rich to pay for big plans
- Republicans push back against expansive infrastructure aims
The US treasury secretary, Janet Yellen, on Sunday sought to tamp down concerns that Joe Biden's plans on infrastructure, jobs and families will cause inflation, saying spending will be phased in over a decade.
Related: The first 100 days of Biden were also the first 100 without Trump - that's telling | Robert Reich
Continue reading...