Treasury Department Fiscal Year 2023 Budget Request
Treasury Secretary Janet Yellen acknowledged the U.S. is dealing with what she labeled “unacceptable levels of inflation” and expects it to remain high for… read more
Treasury Secretary Janet Yellen acknowledged the U.S. is dealing with what she labeled “unacceptable levels of inflation” and expects it to remain high for 2022. Additionally, she pledged it is a top economic priority of the Biden administration. The topic of inflation dominated the discussion with senators on the Senate Finance Committee during the secretary’s testimony on the Department of the Treasury’s fiscal year 2023 budget request. She urged lawmakers to consider some of the president’s proposals, including lower energy costs and prescription drug prices to help ease inflationary pressures for consumers. Other topics included more funding for the IRS, student loan debt and the global tax agreement. close
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People in this video
- Richard Burr U.S. Senator (Class 3) [R] North Carolina
- John Cornyn U.S. Senator (Class 2) [R] Texas
- Ben Sasse U.S. Senator (Class 2) [R] Nebraska
- Tim Scott U.S. Senator (Class 3) [R] South Carolina
- Mark R. Warner U.S. Senator (Class 2) [D] Virginia
- Todd Young U.S. Senator (Class 3) [R] Indiana
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Featured Clips from This Video
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Treasury Secretary Calls Level of Inflation "Unacceptable"
In testimony before the Senate Finance Committee, Treasury Secretary Janet Yellen says the country faces "unacceptable…
- 42 seconds
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