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Yellen says ending Biden tax incentives
would be ‘historic mistake’ for states
like North Carolina

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Posted By: FlyRight, 9/5/2024 6:35:56 AM

Treasury Secretary Janet Yellen is warning voters in the battleground state of North Carolina that they could lose jobs if Republicans weaken a signature Biden administration law that encourages investments in manufacturing and clean energy. Yellen says that Republican-dominated states like North Carolina are greatly benefiting from tax incentives under the 2022 Inflation Reduction Act and that eliminating them would be a “historic mistake,” according to a draft of a speech she will give Thursday at a community college in Raleigh. The Treasury Department released the remarks ahead of the address.

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Reply 1 - Posted by: FJB 2022 23 24 9/5/2024 6:48:42 AM (No. 1790640)
Harris is going to raise taxes, Yellen is lying as usual, the same way she lied about inflation being "transitory". If these people stay in office the economy will be even worse.
34 people like this.

Reply 2 - Posted by: Venturer 9/5/2024 7:04:01 AM (No. 1790648)
Get that old woman the hell out of Government.
34 people like this.

Reply 3 - Posted by: Bur Oak 9/5/2024 7:14:22 AM (No. 1790657)
Any more "inflation reduction" by the government and all people but the deep state will be in the poor house. The names applied to bills almost always mean the opposite of what the bill does. Washington lies about everything.
26 people like this.

Reply 4 - Posted by: padiva 9/5/2024 7:35:24 AM (No. 1790672)
Yellen is using outcome-based demoncrat math again.
15 people like this.

Reply 5 - Posted by: philsner 9/5/2024 7:43:11 AM (No. 1790677)
She has to lie to keep her job. But she is okay with that.
19 people like this.

Reply 6 - Posted by: NancyD 9/5/2024 7:45:54 AM (No. 1790680)
Yea, like Yellen has done anything right for the Citizen's of The United States of America. She's awful and needs to retire. She's been wrong forever.
18 people like this.

Reply 7 - Posted by: downnout 9/5/2024 7:50:48 AM (No. 1790685)
When she was the Fed head she kept interest rates too low for way too long and now as Treasury Secretary she’s being openly political. I wish she’d retire. She’s done quite enough damage.
18 people like this.

Reply 8 - Posted by: voxpopuli 9/5/2024 7:52:53 AM (No. 1790686)
Ass Press, fatima hussein, yellen, What a trifecta.. Anti-American globalists..
13 people like this.

Reply 9 - Posted by: Nimby 9/5/2024 8:07:03 AM (No. 1790700)
Biden looks like a genius compared to her!
11 people like this.

Reply 10 - Posted by: VirtuDawg 9/5/2024 9:00:46 AM (No. 1790731)
Can somebody please tell me what this "expert" has ever been right about regarding the US economy?
17 people like this.

Reply 11 - Posted by: Jesuslover54 9/5/2024 9:55:05 AM (No. 1790770)
Who thinks it's a good idea to check with Yellen?
10 people like this.

Reply 12 - Posted by: dwa 9/5/2024 9:55:19 AM (No. 1790771)
Lap dog Yellen once again trying to scare people into believing that "Republicans are bad". That's her way of using her office for politics in violation of the Hatch Act.
10 people like this.

Reply 13 - Posted by: beancounter 9/5/2024 10:45:10 AM (No. 1790796)
Janet Yellen violates the Hatch Act, argues that it doesn't apply to Democrats. FIFY
7 people like this.

Reply 14 - Posted by: JayD 9/5/2024 10:47:55 AM (No. 1790798)
Can someone please help this bumbling old woman find a nice comfy chair where she can watch TV and spend time with her family, play with her pets and get her the heck out of government so she will stop screwing up everything she touches? Thank you.
7 people like this.

Reply 15 - Posted by: mc squared 9/5/2024 11:38:21 AM (No. 1790827)
'Yellen said Treasury data shows that 90,000 North Carolina households claimed more than $100 million in residential clean energy credits and $60 million in energy efficiency credits.“Rolling them back could raise costs for working families at a moment when it’s imperative that we continue to take action to lower prices,” Yellen said.' The prices are high BECAUSE of the administration, and hundreds of millions are given away to counteract Joe's inflation.
7 people like this.

Reply 16 - Posted by: Nimby 9/5/2024 11:52:47 AM (No. 1790831)
Let's talk about another Biden/Harris give away of American tax dollars for promoting green energy, shall we? In today's write up from National Review "Foreign Automaker Lays Off Thousands of Michigan Workers after Pocketing Hundreds of Millions in Biden EV Subsidies". You can access the article at Amac website https://amac.us/newsline/society/after-pocketing-hundreds-of-millions-in-biden-ev-subsidies-foreign-automaker-lays-off-thousands-of-michigan-workers/
7 people like this.

Reply 17 - Posted by: mc squared 9/5/2024 12:19:25 PM (No. 1790843)
Do check out poster 16's link to the Stellantis layoffs.
6 people like this.

Reply 18 - Posted by: edgar 9/5/2024 12:38:58 PM (No. 1790853)
Well if Yellen thinks it is mistake, it must be good for the economy. She is the George Costanza of monetary policy.
7 people like this.

Reply 19 - Posted by: nwcudagal 9/5/2024 12:52:41 PM (No. 1790860)
Not listening to Old Yeller this time.
5 people like this.

Reply 20 - Posted by: varkdriver 9/5/2024 2:52:51 PM (No. 1790892)
Without even looking, if Yellen is against something, I'm automatically FOR it. Enthusiastically.
2 people like this.

Reply 21 - Posted by: privateer 9/6/2024 10:12:30 AM (No. 1791240)
Hey Baba Yaga! Please climb into your mortar and pestle and fly away...FAR away.
0 people like this.

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