US Budget

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On the Congressional GOP Leader’s Letter to Ben Bernanke

As some of you may have heard, the Congressional GOP leadership, including Senate Minority Leader Mitch McConnell, Speaker of the House John Boehner, House Majority Leader Eric Cantor, and Senator Jon Kyl (a member of the so-called deficit supercommittee) sent a letter to Federal Reserve Chairman Ben Bernanke on Monday, ahead of the two day meeting of the Board Members of the Federal Reserve which began yesterday.

For those of you wishing to read the entire letter (and I suggest you do), here is the text. Continue reading