Tag: Congress
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Federal Reserve Funding the Entire US Deficit
[Lawrence] Lindsey said that with the Fed purchasing at least $40 billion a month in mortgage debt through QE3, “they are buying the entire deficit.” … The central bank’s recently announced bid to stimulate the economy has also taken the pressure off politicians to deal with the U.S. fiscal cliff, Lindsay argued, which could result…
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John Boehner, Telling it Like it is.
“People think I’ve got this job as a leader. They don’t realize that I have about 200 responsibilities and roles. I’ve gotta be the big brother, the father, I gotta be the disciplinarian, the dean of students, the principal, the spouse—you can’t believe all the roles that I have to play! But one of them…