n****e
发帖数: 4990 | 1 Bernanke warns US economy could topple into recession if Congress doesn’t
end budget impasse
link
http://www.washingtonpost.com/politics/bernanke-goes-before-con
两党估计叫得很凶，估计到最后一个为富人也涨不了税，另一个也cut不了goverment多
少spending。最后国债飙升，多印钱解决所有的危机，让中国买单
WASHINGTON — Federal Reserve Chairman Ben Bernanke sketched a bleak picture
of the U.S. economy Tuesday — and warned it will darken further if
Congress doesn’t reach agreement soon to avert a budget crisis.
Without an agreement, tax increases and deep spending cuts would take effect
at year’s end. Bernanke noted what the Congressional Budget Office has
warned: A recession would occur, and 1.25 million fewer jobs would be
created in 2013.
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The Fed is prepared to take further action to try to help the economy if
unemployment stays high, he said. Bernanke didn’t signal what steps the Fed
might take or whether any action was imminent. And he noted there’s only
so much the Fed can do.
But the Fed chairman made clear his most urgent concern is what would happen
to the economy if Congress can’t resolve its budget impasse before the
year ends.
Cuts in taxes on income, dividends and capital gains would expire. So would
this year’s Social Security tax cut and businesses tax reductions. Defense
and domestic programs would be slashed. And emergency benefits for the long-
term unemployed would run out.
All that “would greatly delay the recovery that we’re hoping to facilitate
,” Bernanke said near the end of two hours of testimony to the Senate
Banking Committee.
Bernanke was giving his twice-a-year report to Congress on the state of the
economy. He will testify Wednesday before the House Financial Services
Committee.
The economy is growing modestly but has weakened, Bernanke said.
Manufacturing has slowed. Consumers are spending less. And job growth has
slumped to an average of 75,000 a month in the April-June quarter from 226,
000 a month from January through March. The unemployment rate is stuck at 8.
2 percent.
Bernanke noted that the economy, after growing at a 2.5 percent annual rate
in the second half of 2011, slowed to roughly 2 percent from January through
March. And it likely weakened further in the April-June period.
Congress needs to resolve its impasse well before the year ends, Bernanke
said.
“Doing so would help reduce uncertainty and boost household and business
confidence,” he said.
The cuts that would kick in next year could cost as many as 2 million jobs,
a trade group that represents manufacturers said in a report released
Tuesday. The report came from the Aerospace Industries Association.
A separate report Tuesday pointed to the budget crises many states are
suffering, caused in part by shrinking revenue from the federal government.
States are finding it harder to pay for basic services such as law
enforcement, local schools and transportation, the report said. It was
issued by the State Budget Crisis Task Force, a non-profit co-chaired by
former Federal Reserve Chairman Paul Volcker and former New York Lieutenant
Governor Richard Ravitch.
Republicans in Congress are demanding deeper spending cuts while extending
income tax cuts for everyone. Democrats want to extend the tax cuts for
middle- and lower-class Americans. But they want them to expire for people
in the highest-income brackets. | j***a
发帖数: 10844 | 2 你这娃打算让他学唱歌吧？
picture
effect
【在 n****e 的大作中提到】
: Bernanke warns US economy could topple into recession if Congress doesn’t
: end budget impasse
: link
: http://www.washingtonpost.com/politics/bernanke-goes-before-con
: 两党估计叫得很凶，估计到最后一个为富人也涨不了税，另一个也cut不了goverment多
: 少spending。最后国债飙升，多印钱解决所有的危机，让中国买单
: WASHINGTON — Federal Reserve Chairman Ben Bernanke sketched a bleak picture
: of the U.S. economy Tuesday — and warned it will darken further if
: Congress doesn’t reach agreement soon to avert a budget crisis.
: Without an agreement, tax increases and deep spending cuts would take effect
| n****e
发帖数: 4990 | 3 刚当了爹，觉得小家伙什么表情都很cute，小家伙其实是在打哈欠
【在 j***a 的大作中提到】
: 你这娃打算让他学唱歌吧？
:
: picture
: effect
| j***a
发帖数: 10844 | 4 估计嗓门不错，Tenor的料，好好培养。。。
【在 n****e 的大作中提到】
: 刚当了爹，觉得小家伙什么表情都很cute，小家伙其实是在打哈欠
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