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11/19/2021

Secretary of the Treasury Janet L. Yellen Statement on the House Passage of the Build Back Better Act | U.S. Depart…

Secretary of the Treasury Janet L. Yellen Statement on the House
Passage of the Build Back Better Act
November 19, 2021

WASHINGTON - Secretary of the Treasury Janet L. Yellen issued the following statement on
the U.S. House of Representatives passage of the Build Back Better Act.
"Iʼm very grateful to Speaker Pelosi and the House of Representatives for passing the Build
Back Better Act. Todayʼs vote moves us closer to a stronger, more resilient economy with
greater productivity and labor force participation and a lower tax burden on middle class
families.
This fiscally responsible package takes aim at the challenges many middle class families face:
It makes childcare a ordable, freeing parents from having to choose between raising kids and
working a job. It prevents children from entering the first grade at a disadvantage by
providing universal pre-K. It gives seniors the a ordable care and housing they need. As
important, the Build Back Better Act also makes an historically large investment in
combatting climate change. This bill is more than fully paid for by asking large corporations
and the countryʼs top earners to pay their fair share and by finally ensuring high-income tax
evaders pay what they owe.
I look forward to the Senate passing this once-in-a-generation package and its enactment
into law."
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https://home.treasury.gov/news/press-releases/jy0497

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