https://www.youtube.com/watch?v=f6HxAUYoTYc Sen. John Kennedy (R-La.) this week asked U.S. Treasury Secretary Janet Yellen about the danger of increasing America’s debt through Democrats’ tax and spending bill and about how much debt is too much for the American economy to bear. Yellen’s assertion that the spending bill is paid for contradicts estimates from the Congressional Budget … Continue reading Kennedy stumps Biden Treasury Secretary: How much debt is too much? I’m looking for a number.
Tag: Janet Yellen
"You have willfully refused to come before the committee and willfully refused to obey the law. So, my question is very simple: why can you, a cabinet member of the Biden Administration, pick and choose which laws you follow?"
Senator Cynthia Lummis lambasted a Biden administration proposal to require banks to disclose every financial transaction over $600 to the Internal Revenue Service (IRS).
"On August 3, 2021...the Biden Administration issued another illegal eviction moratorium, just days after issuing a statement acknowledging 'the Supreme Court has made clear' the option to extend the moratorium 'is no longer available.'
It has now been 147 days since Secretary Yellen missed her legal deadline to testify before the Small Business Committee on COVID-19 relief programs administered by the Department of the Treasury.
Democrats claimed a "housing crisis," defied the Supreme Court and called for a federal takeover of homes, while blocking $46 billion in Trump-approved aid.
"Soon after negotiating an agreement at the OECD, Treasury Secretary Yellen acknowledged that Congress would be required to enact significant domestic tax law changes in order to comply with the agreement. Whereas prior administrations took the position that Treasury cannot bind Congress, this Administration has taken the approach of using the global stage to attempt to force Congress’s hand."
An update from the Treasury Department on the role they played within small business relief programs is 100 days past due – small businesses deserve information, and Secretary Yellen must fulfill her legal duty and testify before our Committee.
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