Federal Reserve Chairman Ben Bernanke is speaking to the House Budget Committee. From Federal News Service:

"I agree that fiscal action could be helpful in principle, as fiscal and monetary stimulus together may provide broader support for the economy than monetary policy actions alone. But the design and implementation of the fiscal program are critically important. A fiscal initiative at this juncture could prove quite counterproductive, if (for example) it provided economic stimulus at the wrong time or compromised fiscal discipline in the longer term."

Translation: There are enormous opportunities for Congress, in an effort to plump up the economy before the elections, to further damage the country's long-term economic prospects.