Treasury Secretary Janet Yellen made the economic case for keeping abortion access available in the U.S., as the Supreme Court prepares to release its decision on a Mississippi abortion case that could overturn the landmark decision in Roe v Wade that protects women's right to an abortion. Yellen argued that restricting abortion access would hurt the U.S. economy. "I believe eliminating the right of women to make decisions about when and whether to have children would have very damaging effects on the economy and set women back decades," Yellen said in response to a question while testifying before the Senate Banking Committee on Tuesday. She went on to address the 1973 Roe v. Wade decision directly, stating that "access to reproductive health care 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." Yellen's remarks came after a draft majority opinion from the Supreme Court leaked ahead of the court's release of it's decision on the Mississippi case. It signaled the high court was preparing to overturn the 50-year precedent protecting the right of women to have an abortion. Republicans in the hearing immediately took issue with tying access to abortion to the economy. But in an exchange with Senator Tim Scott, a South Carolina Republican, Yellen said she did not mean to be harsh, but was simply speaking the truth. "What we're talking about is whether or not women will have the ability to regulate their reproductive situation in ways that will enable them to plan lives that are fulfilling and satisfying for them. And one aspect of the satisfying life is being able to feel that you have the financial resources to raise a child, that the children you bring into the world are wanted and that you have the ability to take care of them," Yellen said. Research ove . . . read the full article here.
Keywords: v, yellen, effect, decision, women, wade, economy, access, child, care, children, abortion, eliminating, damaging
LAW: Roe v Wade, Roe v. Wade
DATE: 1973, 50-year, Tuesday, decades, monthly, Last year, the past 30 years
NORP: Democrats, Republican, Republicans
CARDINAL: 26, one