On the recordJanuary 6, 2011
I do very much urge this committee to look for strong and credible actions to control the Federal debt.
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congress.govI do very much urge this committee to look for strong and credible actions to control the Federal debt.
Bernanke emphasizes the need for credible actions to manage federal debt.
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The challenge for the Congress and the Administration is to put the Federal budget on a sustainable long-run path that promotes economic growth and stability without unnecessarily impeding the current recovery.
an increasing share of losses have arisen from prime mortgages that were originally fully documented with significant downpayments, but have defaulted due to the weak economy and housing markets.
Dodd-Frank has a pretty comprehensive strategy for addressing too-big-to-fail.