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U.S. Treasury’s Yellen says investment bills will boost U.S. productivity, labor force -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – Janet Yellen (U.S. Treasury Secretary) attends UN Climate Change Conference in Glasgow, Scotland on November 3, 2021. REUTERS/Phil Noble

WASHINGTON, (Reuters) – U.S. Treasury secretary Janet Yellen stated Tuesday that President Joe Biden and Congress approved a bipartisan infrastructure plan. It would boost productivity in the United States and increase the size of the labor force.

In prepared remarks at a University of Nevada Las Vegas economic conference, Yellen stated that the bills together would boost long-term U.S. output and reduce the nation’s debt.

“I believe the passage of these legislations will not only lead to increased productivity, but also to positive changes in a variety of metrics. They will grow the workforce and our economic productivity,” Yellen claimed.

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