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Fed Chair: ‘Deficits Will Rise to Unsustainable Levels’

Fed Chair: ‘Deficits Will Rise to Unsustainable Levels’

By Terence P. Jeffrey (Courtesy: CNSNews.com) Federal Reserve Chairman Janet Yellen (AP Photo/J. Scott Applewhite) (CNSNews.com) – Federal Reserve Chairman Janet Yellen, referencing the Congressional Budget Office’s long-term budget projections, told the Joint Economic Committee of Congress today (May 7) that under current policies the federal government’s deficits “will rise to unsustainable levels.” In the […]