# Prof. Kim Schoenholtz says congress needs to create more certainty about its fiscal path

1 Faculty News June 7, 2012 ![MSNBC logo](/sites/default/files/styles/246w/public/assets/images/con_030725.jpg?itok=1TPLKUHG)>

Excerpt from [MSNBC](http://economywatch.msnbc.msn.com/_news/2012/06/07/12107344-bernanke-to-congress-its-your-turn-to-act?lite) -- "'It's always undesirable to have uncertainty about the fiscal path,' said [Kim Schoenholtz](http://www.stern.nyu.edu/faculty/bio/kim-schoenholtz), an economics professor at New York University. 'Economic growth requires investment, and that requires risk taking. Anything Congress can do to reduce uncertainty... would be helpful.'"

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