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 Заголовок сообщения: Yellen is confident in Biden's economic stimulus plan
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Yellen is confident in Biden's economic stimulus plan to support US employment growth next year.




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Janet Yellen, the US Treasury Secretary, expressed confidence that Employment in the United States will fully expand again in 2022 if President Joe Biden's $ 1.9 trillion stimulus comes into force. The measure aims to cure people and slotxo businesses affected by the COVID-19 outbreak.
“I believe that if this stimulus is approved by Congress. We'll see full growth in employment numbers over the next year, ”Yellen told CNN's“ State of the Union ”program.


Mrs. Yellen also said that If the US government does not release additional stimulus measures. The unemployment rate will increase dramatically in the coming years. And it may take a long time until 2025 for the unemployment rate to drop to 4% again.



Mrs. Yellen's comments were consistent with the US Congress of the Budget Office (CBO) previously expected: The US unemployment rate will decline. And employment numbers could rebound to the same levels as it was before the COVID-19 epidemic if the US government adopted additional stimulus measures.


In addition, Mrs. Yellen believes that Biden's $ 1.9 trillion stimulus package will not expose the US economy to inflation risks.


Mrs Yellen's comments came shortly after the US House of Representatives approved the draft budget on Friday, which will allow Democrats to push forward a 1.9 stimulus package. The trillion dollars of President Joe Biden passed Congress without the support of Republicans.


Mrs. Nancy Pelosi, President of the US House of Representatives, expects Laws to treat the effects of COVID-19 May be approved by Congress before March 15, the day the measures to help the unemployed affected by the epidemic will expire.


President Biden and high-ranking members of the Democrats said at a meeting at the White House: They want to enforce remedial measures as soon as possible to cope with the epidemic that has killed more than 4.5 lakh Americans and killed millions of people.


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 Заголовок сообщения: Re: Yellen is confident in Biden's economic stimulus plan
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 Заголовок сообщения: Re: Yellen is confident in Biden's economic stimulus plan
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 Заголовок сообщения: Re: Yellen is confident in Biden's economic stimulus plan
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 Заголовок сообщения: Re: Yellen is confident in Biden's economic stimulus plan
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