Economic recovery options and challenges: hearing before the Committee on the Budget, House of Representatives, One Hundred Tenth Congress, second session, hearing held in Washington, DC, October 20, 2008, Volume 4
U.S. G.P.O., 2009 - Business & Economics - 89 pages
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Hearing held in Washington DC October 20 2008
Prepared statement of
Hon Bob Etheridge a Representative in Congress from the State
actions bailout Baily balance sheet Beach Ben Bernanke billion business tax capital gains capital gains tax Chairman Bernanke Chairman Spratt child tax credit commercial paper Congress costs credit markets debt decline DeLauro Doggett dollar downturn economic activity economic growth effects enacted Fannie and Freddie FDIC Federal Government Federal Reserve financial crisis financial institutions financial markets financial system fiscal package fiscal year 2009 forecast Freddie Mac funds global going households housing market inflation infrastructure investment investors Kaptur last recession lending loans look Mark Zandi Medicaid ment Moore of Wisconsin moral hazard mortgage nomic Paul Krugman percent primary dealers problem purchase quarter of 2009 recession reduce revenue risk Ryan Scott sector slowdown small businesses spending stability stimulus package tax cuts tax rate tax rebates taxpayers Thank things tion Treasury troubled assets U.S. economy unemployment