Ben Bernanke actually said...

It would be very concerning for financial markets and, I think, for the general public if the United States didn't pay its bills.

He warns about the economic risks of failing to lift the debt limit.

07/16/2013

More Ben Bernanke Quotes

I would just urge Congress to look carefully at what might be done. There are a lot of possibilities.

I think we need to have open and fair trade.

Monetary policy can be a powerful tool, but it is not a panacea for the problems currently facing the U.S. economy.

we should continue to press for a more flexible exchange rate.