On the recordJanuary 6, 2011
The Commission plan was also important because it showed how to reduce the deficit and debt in a balanced way.
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congress.govThe Commission plan was also important because it showed how to reduce the deficit and debt in a balanced way.
Bernanke highlights the balanced approach of the Commission's plan for reducing debt.
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the CBO agrees that the Federal Reserve's balance sheet policies are with very high probability going to be a very significant boom to the taxpayer in terms of returns to the Treasury.
Although monetary policy is working to promote a more robust recovery, it cannot carry the entire burden of ensuring a speedier return to economic health.
As I have mentioned, it is a cost of these policies and it is one that we take very seriously.