Treasury Secretary Janet Yellen said US employment could return to normal by 2022.Democrats and Biden have indicated they will pass the package with or without bipartisan support. Treasury Secretary Janet Yellen said the US could see employment rebound to pre-pandemic levels by 2022 if Congress passes President Joe Biden's coronavirus stimulus package.
"This package is going to really speed recovery. And analysis by Moody's and economists at the Brookings Institution show that very clearly — that we will get people back to work much sooner with this package," Yellen said on"I would expect that if this package is passed that we would get back to full employment next year.
would commit $1.9 trillion to aid state and local governments, fund vaccination efforts, distribute a wave of $1,400 stimulus checks, and temporarily enhance unemployment benefits, among other efforts.
The GQP response: “well, we don’t want that recovery to occur. Time to create more obstacles!”
yellen works for wallst