by Jane Richey | Mar 1, 2012 | Fiscal Responsibility, Free Markets, Politics
Congress risks taking the economy over a “massive fiscal cliff,” Federal Reserve Chairman Ben Bernanke warned lawmakers on Wednesday. In remarks that hit Wall Street stock prices, the central bank boss suggested the economy could hit a serious roadblock if Congress...
by Jane Richey | Feb 9, 2012 | Fiscal Responsibility
Federal Reserve Chairman Ben Bernanke said that the current trajectory of the federal budget – marked by large annual deficits – was “clearly unsustainable” and that “serious economic consequences” could result. “Having a large and increasing level of government debt...