|
Between You Me
and The Government
Federal Reserve
Chairman Ben Bernanke bluntly warned the U.S.
Congress on Thursday that failure to act soon to
deal with the budgetary strains posed by an
aging U.S. population could lead to serious
economic harm.
"We are experiencing what seems likely to be the
calm before the storm," Bernanke told the Senate
Budget Committee as he acknowledged projections
that the U.S. budget deficit could hold steady
or even narrow in the near-term. |
