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United States will continue to borrow
posted on: Nov 22 2011 7:42 by RDugey. Viewed 17 times.
Confirmed failure of the "supercomisión" of United States to reduce the deficit will send a signal of negative market, but will it leave you time to resolve the problem, not only because the cuts would begin in 2013, but because the country excessively rates very low.
"We are deeply disappointed having been unable to reach an agreement," announced Sen. Patty Murray and the Republican representative Jeb Hensarling, confirming widespread fears that the Committee would not meet its mission of reducing the US deficit by $ 1.2 trillion over 10 years.
In case there is no agreement, the Act provides, from 2013, automatic reductions of expenditure, which recaerían in equal measure on the portfolio of defence and the programmes social.
President Barack Obama warned Congress to veto any bill that seeks to have recourse to these cuts u000aautomatic.
"Vetaré any initiative, in order to eliminate those automatic cuts domestic expenditure and defence.", said Obama.
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