Bernanke says it is urgently important for Congress to avoid fiscal cliff

  • by: MARTIN CRUTSINGER and CHRISTOPHER S. RUGABER , Associated Press
  • Updated: November 20, 2012 - 10:55 PM

WASHINGTON - Federal Reserve Chairman Ben Bernanke on Tuesday urged Congress and the Obama administration to strike a budget deal to avert tax increases and spending cuts that could trigger a recession next year.

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