Yellen insists U.S. will see ‘big returns’ by passing Biden spending proposals

 Productivity to rise

 Treasury Secretary Janet Yellen promoted the Biden administration’s proposals for trillions of dollars of new spending on Sunday, arguing that “there will be a big return” for the nation if Congress approves President Joe Biden’s plans on infrastructure, education and jobs.

“The plans are extremely important and necessary to invest in our economy so that we can be competitive and have families and children succeed, invest in infrastructure, in R&D, and things that shore up middle-class prosperity — education, childcare, and health care,” Yellen said in an interview on “Meet the Press.”