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Odessa American in Odessa, Texas

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Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Jul 18, 2012

Page

3

Bernanke Warns Congress on Budget Clash Risks Recession

Fed Chair Ben Bernanke warned that a failure by Congress to resolve the year end budget crisis could push the U S economy back into recession, delaying the recovery and raising unemployment. He urged broader action to cut the deficit as markets rose on investor optimism.

Washington Federal Reserve Ben Bernanke U.S Congress Bernanke Senate Banking Committee United States Fed George W Bush Federal Reserve Mattel Coca-Cola Charles Schumer D-Ny Schumer Roberto Perli International Strategy & Investment

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