Yellen says "transformative" $1.75 trillion framework will help return Americans to workforce and drive inflation down
CBSN
Washington — Treasury Secretary Janet Yellen predicted Thursday that President Biden's $1.75 trillion social spending and climate change package will help drive prices lower and get Americans back to work as the United States continues its rebound from the COVID-19 pandemic.
In an exclusive interview with CBS News chief White House correspondent Nancy Cordes in Rome, Yellen said the U.S. has been in a "very difficult period" because of the 18-month-long pandemic, which has led to changes in spending patterns for Americans and a shrinking labor force, due to child care issues and health concerns.
U.S. inflation accelerated in September, with consumer prices rising 5.4%.
Ashley White received her earliest combat action badge from the United States Army soon after the first lieutenant arrived in Afghanistan. The silver military award, recognizing soldiers who've been personally engaged by an attacker during conflict, was considered an achievement in and of itself as well as an affirming rite of passage for the newly deployed. White had earned it for using her own body to shield a group of civilian women and children from gunfire that broke out in the midst of her third mission in Kandahar province. All of them survived. She never mentioned the badge to anyone in her battalion.