Bernanke: Get Ready to Slash Entitlements or Raise Taxes

by Benjamin Domenech on 11:32 am April 8, 2010

“Bernanke warned Wednesday that Americans may have to accept higher taxes or changes in cherished entitlements such as Medicare and Social Security if the nation is to avoid staggering budget deficits… ‘These choices are difficult, and it always seems easier to put them off – until the day they cannot be put off anymore.’”

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