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Falling US Deficit Renews Austerity or Growth Debate

Sunday, May 19, 2013

Falling US deficit renews austerity or growth debate (via AFP)

Austerity or growth? Europe's struggling economies have faced the question without fully answering it in recent years, but the United States is on track to do both. Projections unveiled this week by the Congressional Budget Office indicate the US deficit will shrink more than 40 percent during fiscal…


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