On the recordJuly 20, 2010
the Congressional Budget Office (CBO) has provided what I think is a reasonable range of estimates of the effects of the ARRA on macroeconomic activity.
Source
congress.govEditor's note · Context
Bernanke references CBO estimates on the economic impact of the Recovery Act.
Share
More from Ben Bernanke
Jul 16, 2013
It would be very concerning for financial markets and, I think, for the general public if the United States didn't pay its bills.
Dec 2, 2015
The economy needed help from Congress, if not from additional spending on roads and bridges, for example, then at least in areas such as retraining unemployed workers.
Jul 16, 2013
As I have said many times, I think that fiscal policy is focusing a bit too much on the short run, and not enough on the long run.
Other voices in this conversation
