Janet Yellen: Congress Pass a Budget
on Sunday, September 20, 2015Janet Yellen Money Quotation saying government legislators are expected to do their jobs budgeting & setting our national debt ceiling. Janet Yellen said:
“I believe it’s the responsibility of Congress to pass a budget to fund the government, to deal with the debt ceiling so that America pays its bills” — Janet Yellen
In this quote, Janet Yellen is expressing her view that it is Congress’s responsibility to take certain fiscal actions that are important for economic governance. She specifically calls out Congress’s duty to “pass a budget to fund the government,” referring to passing annual spending bills.
She also mentions Congress must “deal with the debt ceiling so that America pays its bills.” This relates to the need for Congress to periodically raise the debt limit so the U.S. can continue servicing its debt obligations.
Overall, Yellen is reinforcing the notion that according to the Constitution, it is the legislative branch’s job to make decisions around funding the government, debt, and ensuring financial obligations are met through these types of legislative acts. She is reminding Congress that taking timely action on these matters is their mandated responsibility.
Pat Bagley, Salt Lake Tribune
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