Ben Bernanke’s Words Of Economic Wisdom
January 17, 2008, 2:40pm
Federal Reserve Board Chairman Ben Bernanke testified about the economy today before the House Budget Committee.
Here’s a clip of him being questioned by Texas Democrat Chet Edwards about making permanent the tax cuts from earlier this decade, about short-term actions to boost the economy and about the need for long-term fiscal responsibility by the federal government.
For more on Bernanke’s testimony, read coverage in the Los Angeles Times, The New York Times, U.S. News & World Report and The Washington Post.
Bill Beach, director of the Heritage Foundation’s Center for Data Analysis, testified to the Joint Economic Committee yesterday about plans to stimulate the economy. He argued that Congress should let the Fed take the lead on stimulating the economy in the short term and instead focus on the long term.
“Congress should take this moment of slow growth to do what it does best — to set broad economic policy.”
Categories: Texas, Producer's Picks, Budget, Taxes, Economy, Chet Edwards, Federal Reserve Board
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