Oh Good – Yellen Says US ‘Can Certainly Afford Two Wars’ At Once

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by Brianna Lyman, The Daily Caller:

Treasury Sec. Janet Yellen told Sky News in an exclusive interview Monday that the United States can “certainly afford two wars” at once.

Host Wilfred Frost asked whether the U.S. can afford to finance a second war with the U.S. being in a weak fiscal position.

“In terms of what this all means, Paul Tudor Jones, the famed investor, was on CNBC this week, and he said, ‘This is the most threatening and challenging geopolitical environment that I’ve ever seen. At the same time, the U.S. is in its weakest fiscal position since World War II, with debt-to-GDP at 122 percent.’ Can — can America, can the West afford another war at this time?”

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“I think the answer is absolutely. America can certainly afford to stand with Israel and to support Israel’s military needs. And we also can and must support Ukraine in its struggle against Russia. And look, the American economy is doing extremely well.”

Yellen implored Republicans to elect a Speaker so that Congress can approve financial aid to Israel and Ukraine.

“We do need to come up with funds, both for Israel and for Ukraine. This is a priority,” Yellen said to Sky News. “It’s really up to the House to find, seat a speaker and to put us in a position where legislation can be passed.”

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