The sooner we make a decision to put in place a plan to deal with the debt in the outyears, the less painful it would be...
Mr. Chairman, if I could just briefly on that.
I want to join my friend and colleague Paul Ryan in congratulating you, Dr. Elmendorf, on being reappointed.
the most important thing we can do as a country is to put together a credible, long-term plan for fiscal sustainability.
And so that is how we got the figure, 1.4, was we took CBO's estimates of what GDP being would be during that year and a...
But just to be clear on the second decade, as you indicated, you expressed your estimate in terms of GDP, and you did sa...
your assessment right now is that we do not have an inflation problem in the United States, is that correct?
Thank you very much, Chairman Ryan, and welcome, Chairman Bernanke. I want to thank you for your service to our country ...
it would be reckless from an economic and financial perspective to allow, to essentially default on our debts.
Last question is I was pleased to see in your testimony that you believe that certain investments, national investments ...
failure to raise the debt ceiling would be, quote, Catastrophic for our economy and financial system.
Let's not gamble with the full faith and credit of our nation; that would be a recipe for financial and economic chaos.
Let me ask you a quick question on the fiscal policy, because I think we all agree that the Congress should act now to p...
it would be a mistake for, in your view, for the Congress to use the debt ceiling as a, quote, Bargaining chip.
just with respect to that, those monetary decisions that created or saved between 600,000 and 700,000 jobs, is that corr...
Thank you, Chairman Bernanke, for your service to our country during a time of great economic turmoil.
The economy was in freefall, spiraling downwards at a negative growth rate of 6 percent.
Not to focus on the debt limit as being a bargaining chip in this discussion.
