clearn.png
Thursday July 7th, 2022 1:09AM

Yellen trip to Capitol detours into tense abortion debate

By The Associated Press
Related Articles
  Contact Editor

WASHINGTON (AP) — Treasury Secretary Janet Yellen's appearance before a Senate committee took an unexpected and tense detour into the abortion debate Tuesday when senators questioned her about the potential impact of an abortion ban on the American economy.

“I believe that eliminating the right of women to make decisions about when and whether to have children would have very damaging effects on the economy and would set women back decades,” Yellen said in response to a question from Sen. Bob Menendez, D-N.J. He had introduced the topic with a question on how an abortion ban could financially harm women.

Yellen's answer drew a sharp response from Sen. Tim Scott, R-S.C., who asked her, "Did you say that ending the life of a child is good for the labor force participation rate?”

“I think people can disagree on the issue of being ‘pro-life’ or ‘pro-abortion’ — but framing it in the labor force participation rate feels callous to me,” he said, adding that the conversation “to me seems harsh.”

Yellen responded: “This is not harsh, this is the truth."

She continued by saying an abortion ban “deprives them of the ability to continue their education,” and those impacted are most commonly young Black women.

The line of questioning at the Senate Banking, Housing and Urban Affairs Committee came after a Supreme Court draft opinion leaked last week that suggests the court is poised to throw out the landmark Roe v. Wade abortion rights ruling that has stood for a half-century.

The hearing also touched on inflation, sanctions imposed on Russia and rising energy costs. Yellen said the U.S. “is focused on everything we can do to bring inflation down."

The abortion issue came up multiple times. Sen. Steve Daines, R-Mont., said he disagreed with Yellen's perspective, and offered his own economic analysis.

“I look at low birth rates and an aging population,” he said, arguing that there are negative economic impacts from abortion.

A number of economic analyses indicate that limitations on access to abortion can negatively impact people financially and in other ways.

Sarah Miller, a researcher at the University of Michigan, authored a paper with two others on the impact of abortion restrictions. The trio evaluated data on women who sought abortions at 30 clinics in 21 states but were turned away because they were past the clinics' gestation limit. Two-thirds ended up giving birth.

“As we show in our paper,” Miller said, an abortion ban “will have pretty severe economic consequences for women to keep their head above water,” adding that “there could also be physical and mental health consequences.”

Committee chair Sherrod Brown, D-Ohio, ended by saying that if Roe v. Wade were overturned, every woman's decision to determine her reproductive future and health would be “handed over to politicians.”

“It shouldn’t be handed over to me, it shouldn’t be handed over to Secretary Yellen, and it shouldn't be handed over to Mitch McConnell,” he said, referring to the Senate Republican leader.

  • Associated Categories: Associated Press (AP), AP National News, Top General short headlines, AP Online Headlines - Washington, AP Online Congress News, AP Business, AP Business - Economy
© Copyright 2022 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Yellen trip to Capitol detours into tense abortion debate
Treasury Secretary Janet Yellen’s appearance before a Senate committee took an unexpected and tense detour into the abortion debate Tuesday when senators questioned her about the potential impact of an abortion ban on the American economy
1:50PM ( 3 minutes ago )
Peloton headwinds stiffen as people break pandemic routines
Peloton’s uphill ride to get more sales just got rougher as more people return to gyms and other pre-pandemic exercise routines and embrace cheaper options
1:47PM ( 6 minutes ago )
No charges for Mike Tyson for punching airplane passenger
Authorities will not file criminal charges against former heavyweight champ Mike Tyson after he was recorded on video punching a fellow first-class passenger aboard a plane at San Francisco International Airport last month
1:39PM ( 14 minutes ago )
Associated Press (AP)
Mexico president threatens to skip Americas Summit
Mexico’s president says he won't attend next month’s Summit of the Americas in Los Angeles if the Biden administration excludes Cuba, Venezuela and Nicaragua
12:54PM ( 1 hour ago )
3 years on, Ronald Greene's family still waiting for justice
Three years ago, when a beaten and battered Ronald Greene drew his final breath on a rural roadside, his death in Louisiana State Police custody seemed destined for obscurity
12:51PM ( 1 hour ago )
Live updates | Ukrainian FM to meet with top G-7 diplomats
German Foreign Minister Annalena Baerbock says her Ukrainian counterpart, Dmytro Kuleba, has accepted an invitation to join top diplomats from the Group of Seven nations later this week
12:36PM ( 1 hour ago )
AP Online Headlines - Washington
With pomp but no queen, UK govt sets out the year's agenda
Britain’s Conservative government has set out its agenda for the next year, with sweeping promises to cut crime, improve health care and revive the U.K.’s pandemic-scarred economy
9:42AM ( 4 hours ago )
UK Parliament opens with pomp, problems for Boris Johnson
Britain’s Parliament is opening a new year-long session with Prime Minister Boris Johnson trying to re-energize his scandal-tarnished administration and address the U.K.’s worsening cost-of-living crisis
5:25AM ( 8 hours ago )
Reports: Spain fires intelligence chief amid hacking scandal
Spanish media reports say Cabinet has dismissed the country’s intelligence chief amid phone hacking scandals
5:18AM ( 8 hours ago )
AP Online Congress News
Q&A: Philanthropy Together CEO talks TED and giving circles
Sara Lomelin offered the final TED Talk of this year’s conference, on a particularly star-studded day in Vancouver where she followed actress Bryce Dallas Howard, TV producer Michael Schur, and Tesla CEO Elon Musk talking about the future of his company and his plans for Twitter
12:31PM ( 1 hour ago )
Pfizer to spend $11.6B on migraine treatment maker Biohaven
Pfizer is starting to put its COVID-19 cash influx to use by spending $11.6 billion to venture deeper into a new treatment area
11:44AM ( 2 hours ago )
WHO calls on Pfizer to make its COVID pill more available
The head of the World Health Organization has called on Pfizer to make its COVID-19 treatment more widely available in poorer countries
11:23AM ( 2 hours ago )
AP Business
Live updates | Germany FM Baerbock reopens embassy in Kyiv
Germany’s foreign minister has reopened her country’s embassy in Kyiv that was closed more than two months ago following the Russian invasion
10:14AM ( 3 hours ago )
Stocks open higher on Wall Street a day after broad sell-off
Stocks are opening higher on Wall Street Wednesday as investors are tempted by lower prices a day after the S&P 500 hit its lowest level in more than a year
9:45AM ( 4 hours ago )
Stocks open lower on Wall Street a day after broad sell-off
Stocks are opening higher on Wall Street Wednesday as investors are tempted by lower prices a day after the S&P 500 hit its lowest level in more than a year
9:44AM ( 4 hours ago )
AP Business - Economy
Peloton headwinds stiffen as people break pandemic routines
Peloton’s uphill ride to get more sales just got rougher as more people return to gyms and other pre-pandemic exercise routines and embrace cheaper options
1:47PM ( 7 minutes ago )
No charges for Mike Tyson for punching airplane passenger
Authorities will not file criminal charges against former heavyweight champ Mike Tyson after he was recorded on video punching a fellow first-class passenger aboard a plane at San Francisco International Airport last month
1:39PM ( 15 minutes ago )
Sheriff: Alabama inmate, jailer were prepared for a shootout
An Indiana sheriff says the Alabama murder suspect and jailer who evaded authorities for more than a week were heavily armed and preparing for a shootout when they were captured
1:32PM ( 22 minutes ago )
Rappers Young Thug, Gunna arrested on RICO charges
The rapper Young Thug is in Atlanta's Fulton County Jail after being accused of co-founding a criminal street gang
1:25PM ( 29 minutes ago )
Russia pummels vital port of Odesa, targeting supply lines
Ukrainian officials say Russian missiles pummeled the vital port of Odesa, apparently as part of efforts to disrupt supply lines and weapons shipments critical to Kyiv’s defense
1:09PM ( 44 minutes ago )