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IMF urges US to cut debt to spur recovery

Posted by admin on July 8, 2010 · Leave a Comment 

Amid jitters that high levels of unemployment may force a double dip recession, the IMF warned the slow US recovery would continue and that debt problems loomed.
The Obama administration is overestimating U.S. economic growth and needs to reduce its budget deficit far more aggressively, the International Monetary Fund said on Thursday in a report that [...]

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