Alors that negotiations between Democrats and Republicans are for the moment still at an impasse, the issue of the budget discussions on the wall is clear: avoid stifling growth while gradually reducing the deficit public, more than 1,000 billion dollars per year for a total debt of more than 16,000 billion. A difficult equation to solve both strong ideological differences between the two camps.
Le "wall budget" confronting, Monday, December 31, the United States, except last minute deal in Congress, is in fact violent cocktail of tax increases and cuts automatically. Ingredients that may well eventually to plunge the global economy in the first récession.
Ce device, which causes concern markets and forcing members of Congress to serve on the New Year's Eve for the first time in over 40 years, resulting in reality an agreement in 2011 by the U.S. Congress. Lack of compromise between Republicans and Democrats, a scenario emerges. Review details of what might await Etats-Unis.
More than $ 600 billion budget cutsAux terms of the contract concluded in 2011 by the legislation, Republicans and Democrats were given until the end of 2012 to agree on a plan to reduce the deficit, otherwise a drastic remedy to be administered countries: cuts of more than $ 600 billion in spending fédérales.
A decline in GDP, rising unemploymentCombiné to (...)
Read more on The New ObservateurETATS STATES. What you should know about the "wall budget" "Wall budget" negotiations at an impasse
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