U.S. to focus on budget deficits

Now that the inauguration of President Obama is behind us, the nation is turning it’s focus onto another matter — budget deficits. In the next 15 years, debts will rise in an unsustainable way if no action is taken beyond the 2011 budget deal and the end-of-year fiscal cliff agreement, reports Lawrence Summers of ft.com. […]

By Wire services | January 22, 2013 | Last updated on January 22, 2013

1 min read

Now that the inauguration of President Obama is behind us, the nation is turning it’s focus onto another matter — budget deficits.

In the next 15 years, debts will rise in an unsustainable way if no action is taken beyond the 2011 budget deal and the end-of-year fiscal cliff agreement, reports Lawrence Summers of ft.com.

Wire services

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