Remarks by Secretary of the Treasury Janet L. Yellen at the Metro Atlanta Chamber of Commerce

Thank you all for coming today. The historic legislation President Biden has passed – the Bipartisan Infrastructure Law, the CHIPS and Science Act, and the Inflation Reduction Act – is driving growth in new industries and creating good jobs in places where there hasn’t always been opportunity. And we’re doing so in partnership with the private sector. Our approach, which I’ve called modern supply-side economics, centers on spurring long-term growth including by training our workforce. These investments include those made through the American Rescue Plan, which made funds available for cities and states for support to workers, including to invest in workforce development programs here in Georgia. Recipients of Treasury’s State and Local Fiscal Recovery Funds have budgeted over $13 billion for workforce support, including for many projects here in Atlanta.