Bernanke Wants $85 Billion Sequester Squelched |
| February 26, 2013 | February 2013 Bond Updates |
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The most illuminating moment in Fed Chairman Ben Bernanke's testimony today was his very precise blunt warning that the costs of Obama's fiscal policy-- the coming $85 billion sequester and the already installed 2% tax on wages for those earning less than $114,000-- would just about wipe out the gains in economic growth perpetrated by the Fed's mighty easy monetary policy. |
| View more at: http://www.forbes.com/sites/robertlenzner/2013/02/26/bernanke-warns-fiscal-policys-drag-trumps-his-expansive-monetary-policy/ |
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