Yellen: Inflation Reduction Act boosts stable growth in U.S. economy

US Treasury Secretary Janet Yellen stated that the Inflation Reduction Act, along with other economic measures, has contributed to stable growth in the US economy. Yellen highlighted the creation of over 13 million new jobs, recovery from record inflation, and a low unemployment rate as evidence of progress. She attributed these achievements to President Joe Biden's economic growth strategy, known as "Bidenomics," which includes the Inflation Reduction Act. Yellen also mentioned the commitment of US companies to manufacturing and clean energy investments. Despite positive economic indicators, Republicans continue to criticize the administration's handling of the economy.