C-SPAN Video

Fiscal Policy

House Budget Cmte. Hearing with Federal Reserve Chairman Ben Bernanke

Wednesday, June 3, 2009

In testimony, Fed. Reserve Chairman Ben Bernanke stated that the federal deficit needs to be addressed before it begins to affect investor confidence. Economists worry that the cost of the recovery is rising as foreign investors – the so-called "bond vigilantes" – decline to purchase U.S. Treasury bonds.
Washington, DC : 2 hr. 5 min.

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