Treasury Sec. Yellen Says Spending Won't Impact Inflation

The transcript discusses concerns about inflation in relation to education plans and economic investments. It highlights the Federal Reserve's ability to manage inflation if it arises, emphasizing the importance of monitoring economic conditions. The potential impact of low interest rates and significant spending on President Biden's proposals is also addressed, along with the GOP's counter plan.

What are the historic investments mentioned that are needed to make the economy productive and fair?

What is the estimated value of the GOP's counter plan?