Sunday, May 03, 2026
84.0°F

Yellen: Biden's phased-in spending plan won't fuel inflation

by Marcy Gordon
| May 11, 2021 7:24 AM

WASHINGTON (AP) — President Joe Biden’s massive proposed spending on infrastructure, families and education will not fuel inflation because the plans would be phased in gradually over 10 years, Treasury Secretary Janet Yellen said Sunday.

Become a Subscriber!

You have read all of your free articles this month. Select a plan below to start your subscription today.

Already a subscriber? Login

Print & Digital
Includes home delivery and FREE digital access when you sign up with EZ Pay
  • $16.25 per month
Buy
Unlimited Digital Access
*Access via computer, tablet, or mobile device
  • $9.95 per month
Buy