Bernanke urges U.S. to start work now to curb budget deficit
Scary part of the article is...
And yet:
Scary part of the article is...
Bernanke didn't offer specific recommendations on what steps they should take to bring the deficits under control.
And yet:
Just days earlier, Treasury Secretary Timothy Geithner assured leaders of China the single-biggest holder of U.S. debt that President Barack Obama was committed to tackling soaring budget deficits. In March, China's Premier Wen Jiabao roiled financial markets when he expressed concern about the safety of China's holding of U.S. government debt.