On the recordMarch 2, 2009
If Government spending is higher, it needs to be recognized that that will involve higher taxes in order to maintain a close, reasonable balance between revenues and outlays.
Source
congress.govEditor's note · Context
Bernanke emphasizes the need for fiscal sustainability and the implications of higher government spending.
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More from Ben Bernanke
Jul 16, 2013
Yes, my suggestion to Congress is to consider possibilities that involve somewhat less restraint in the near term and more action to make sure that we are on a sustainable path in the long run.
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Nothing is more important for restoring economic growth than improving public health.
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.
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