Hi there,

Democracy Now is committed to bringing you the stories and perspectives you won't hear anywhere else, from the peace activists demanding an end to war to Indigenous leaders fighting to stop fossil fuel extraction and save the planet. Our independent reporting is only possible because we’re funded by you—not by the weapons manufacturers when we cover war or gun violence, not by the oil, gas, coal, or nuclear companies when we cover the climate crisis. Can you donate $10 today to keep us going strong? Every dollar makes a difference. Right now a generous donor will DOUBLE your donation, making it twice as valuable to Democracy Now! Please do your part today, and thank you so much.
-Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Treasury Secretary Yellen Says Reversing Roe Would Be “Very Damaging” to U.S. Economy

HeadlineMay 11, 2022

Lawmakers in California and New York are seeking to expand abortion access in response to last week’s leak of a Supreme Court draft opinion showing the court is poised to overturn Roe v. Wade. In California, lawmakers have proposed over a dozen bills as the state prepares to receive a growing number of people from out of state in need of abortions if Roe is struck down. Meanwhile, in New York, new legislation would help people pay for abortions, giving taxpayers an option to contribute to abortion funds.

On Capitol Hill, Treasury Secretary Janet Yellen told the Senate Banking Committee Tuesday that the elimination of reproductive rights would have very damaging effects on the U.S. economy and would set women back decades.

Treasury Secretary Janet Yellen: “Roe v. Wade and access to reproductive healthcare, including abortion, helped lead to increased labor force participation. It enabled many women to finish school. That increased their earning potential. It allowed women to plan and balance their families and careers. And research also shows that it had a favorable impact on the well-being and earnings of children.”

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top