Bernanke: Recession return likely if Congress doesn’t act

Bernanke: Recession return likely if Congress doesn’t act

Carolyn Kaster/Associated Press
Federal Reserve Board Chairman Ben Bernanke painted a gloomy picture of the economy if Congress fails to extend a series of tax cuts, including the Bush-era tax cuts, set to expire at the end of the year, during his semiannual report to the Senate Banking Committee on Tuesday on Capitol Hill in Washington.

Bernanke: Recession return likely if Congress doesn’t act

Carolyn Kaster/Associated Press
Federal Reserve Board Chairman Ben Bernanke painted a gloomy picture of the economy if Congress fails to extend a series of tax cuts, including the Bush-era tax cuts, set to expire at the end of the year, during his semiannual report to the Senate Banking Committee on Tuesday on Capitol Hill in Washington.
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