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Thursday, March 1, 2012

Bernanke warns lawmakers country headed for 'massive fiscal cliff' - The Hill's On The Money

Bernanke warns lawmakers country headed for 'massive fiscal cliff' - The Hill's On The Money: "In remarks that hit Wall Street stock prices, the central bank boss suggested the economy could hit a serious roadblock if Congress allows the Bush tax rates and a payroll tax cut to expire and $1.2 trillion in spending cuts to be implemented simultaneously in January."

It's all going according to plan, then.

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