VIDEO: Maloney: U.S. may not need to spend more on bank bailouts

The government many not have to open its purse to banks that have been shown to need more capital in the latest round of stress tests, Joint Economic Committee (JEC) Chairwoman Carolyn Maloney (D-N.Y.) said Tuesday.

Maloney asserted that increasingly positive indicators on the economy and increased consumer confidence may lure private investors into recapitalizing banks with bad assets.

"I hope they'll be able to raise it from the free enterprise system and from private sources; that's always the preferred course," Maloney said this morning during an interview on CNBC.

Still, the JEC head said that the government would be prepared to pour money into troubled institutions -- if nothing else than to show that the U.S. is still willing to backstop undercapitalized institutions."

"We have additional TARP money available, and the government will step in" if private investors remain skittish, Maloney said. "And knowing that the government will be there in the crisis, I believe, has helped build confidence in the public during this economic downturn."

Watch a video of the interview here: