Ben Bernanke actually said...

Absent any action, the debt-to-GDP ratio is going to be not only rising but rising at an increasing pace.

Bernanke warns about the consequences of inaction on debt levels.

01/06/2011

More Ben Bernanke Quotes

The Commission plan was also important because it showed how to reduce the deficit and debt in a balanced way.

It is not our intention to do anything in particular on the international front.

Foreclosures continue to be very high. There have been sincere government efforts to try to address the problem.

monetary policy independence is very important for the stability of our economy and our financial markets.