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Abortion-rights rollback puts U.S. economy at risk, Yellen says

Research shows, "limiting access to abortion leads to higher unemployment for women, less ability to feed themselves and their families and greater chance of falling into poverty.”

By Christopher Condon | May 12, 2022 at 12:26 PM

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(Bloomberg) — Treasury Secretary Janet Yellen entered one of the most politically charged US debates on Tuesday, saying the economy would suffer if the Supreme Court significantly limits women’s access to abortion.

Eliminating the right to access abortion services “would have very damaging effects on the economy and would set women back decades,” Yellen told lawmakers during a Senate Banking Committee hearing, responding to a question from Democratic Senator Robert Menendez of New Jersey about the economic impact of an abortion ban.

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