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Caroline May The Daily Caller 6/7/2012 Trillions of dollars appear to be a pittance to Ben Bernanke, President Barack Obama’s Federal Reserve chairman. At a Thursday Joint Economic Committee hearing, South Carolina Republican Sen. Jim DeMint pointed out that the Federal Reserve is keeping interest rates artificially low and, by extension, also keeping payments on […] June 7th, 2012 | Tags: Ben Bernanke, interest rates, Mark Levin, Rep. Paul Ryan, Sen. Jim DeMint, U.S. Debt, U.S. Debt Burden | Category: Banking and finance, Congress, Economy, Federal Reserve, Federal spending | Comments are closed
Garfield Reynolds and Wes Goodman Bloomberg.com 6/4/2010 June 4 (Bloomberg) — President Barack Obama is poised to increase the U.S. debt to a level that exceeds the value of the nation’s annual economic output, a step toward what Bill Gross called a “debt super cycle.” The CHART OF THE DAY tracks U.S. gross domestic product […] June 8th, 2010 | Tags: IMF, U.S. Debt Burden, U.S. Treasury | Category: Barack Obama, Economy, Taxes | Comments are closed
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