Bernanke says fiscal limits can improve path of federal budget

FEDERAL RESERVE CHAIRMAN BEN S. BERNANKE was the keynote speaker at the Rhode Island Public Expenditure Council on Oct. 4.  /
FEDERAL RESERVE CHAIRMAN BEN S. BERNANKE was the keynote speaker at the Rhode Island Public Expenditure Council on Oct. 4. /
PROVIDENCE - Federal Reserve Chairman Ben S. Bernanke said adopting rules that limit federal spending or debt can help put the U.S. on a more sustainable fiscal path, urging lawmakers to consider their enactment. “Well-designed rules can help promote improved fiscal performance,” Bernanke said on Monday in a speech in Providence. A rule “could provide…

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