Yellen says investments, revenue provisions of social package to raise over $2 trln in offsets

By Kitco News / November 04, 2021 / www.kitco.com / Article Link

WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen said on Thursday that investments and revenue provisions of President Joe Biden's social policy and climate change package would raise more than $2 trillion in offsets.

That would make the entire package paid for over 10 years and reduce deficits over the long term, Yellen said in a statement.

Reporting by Chris Gallagher

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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