WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke on Tuesday urged Congress and the Obama administration to strike a budget deal to avert tax increases and spending cuts that could trigger a recession next year.

WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke on Tuesday urged Congress and the Obama administration to strike a budget deal to avert tax increases and spending cuts that could trigger a recession next year.
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The day of reckoning was known 6 months ago when they extended this time period. Time to let things crash and burn, there's no end in site to more and more spending. RE: EBT extensions, tuition for illegals, not one iota of a meeting between Congress and the fed since that extension was agreed to, etc. Kick the can time is over, it is time to pay the fiddler folks.