Bernanke to Obama, Congress: Don't send U.S. off "fiscal cliff"

04/25/2012 | Politico (Washington, D.C.) · Hill, The · Bloomberg

If Congress and President Barack Obama can't agree on extending some of the tax breaks set to expire at year-end, the U.S. economy will be harmed so greatly that there is nothing the Federal Reserve can do to compensate for it, Chairman Ben Bernanke said. "If no action were to be taken by the fiscal authorities, the size of the fiscal cliff is such that there's absolutely no chance that the Federal Reserve could or would have any ability to offset that effect on the economy," he said.

View Full Article in:

Politico (Washington, D.C.) · Hill, The · Bloomberg

Published in Briefs:

SmartBrief Job Listings for Business

Job Title Company Location
Manager, Technical Staffing
U.S. Cellular
Chicago, IL
Human Resource Director
Confidential
Salt Lake City, UT
Vice-President of Global Sales
Lindsay Corporation
Hartland, WI
Chief Operations Officer
Delta Community Supports
Blue Bell, PA
Administrative Management Specialist
Smithsonian Institute
Washington, DC