Thursday, May 5, 2011

UNITED STATES - Obama presents his solutions to reduce the budget deficit

The President of the United States will deliver a speech on 13 April in Washington in which he must define a strategy to reduce public deficits for years to come. The U.S. budget deficit expected to reach about 1 600 billion this year. This talk took place while the agreement with the Republican opposition to what is the balance of fiscal 2011 has not yet been formally endorsed by Congress.

Reached last week, this agreement has averted a budgetary shortfall in extremis.

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