US Treasury’s Yellen says investment bills will boost US productivity, labor force By Reuters – Investing.com

US Treasury’s Yellen says investment bills will boost US productivity, labor force By Reuters – Investing.com

WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen said on Tuesday that the bipartisan infrastructure package approved by Congress and President Joe Biden's proposed social and climate spending plan would increase U.S. productivity and the size of its labor force.

Yellen said in prepared remarks to a University of Nevada-Las Vegas economic conference that together, the two bills would increase long-term U.S. economic output without increasing the national debt.