Political Quotes

Michael S. Barr: The Congress needs to increase the debt ceiling. There are no other options around that.

On the recordMarch 28, 2023
The Congress needs to increase the debt ceiling. There are no other options around that.
Said by
Michael S. Barr

Editor's note · Context

Barr emphasizes the necessity of raising the debt ceiling to avoid economic dislocation.

Share

More from Michael S. Barr

Jun 20, 2023

Shouldn't this be a more transparent public Board meeting and a deliberative process that includes all members of the Board?

congress.gov
Mar 22, 2023

We need to not only arrest individuals such as those in Woodford County who traffic this potent deadly drug, but also find and eliminate the source of production and financing.

congress.gov
Mar 28, 2023

It was our judgment collectively on the Federal Reserve Board, and an unanimous decision of the FDIC and the Treasury Secretary, that we needed to do that to protect contagion from infecting healthy banks in the system.

congress.gov
May 15, 2023

I have said repeatedly that banks, according to our rules, are well-capitalized today. Our banking system is sound and resilient.

congress.gov