Voice of America: Economists Plead for a Major US Debt Deal

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

Economists Plead for a Major US Debt Deal Dec 6th 2012, 18:14 Two of America's top economists say a debt reduction deal that avoids massive automatic tax hikes and spending cuts would boost the U.S. economy, but only if the deal genuinely addresses the nation's severe fiscal woes.  The analysts testified before the Joint Economic Committee, comprised of lawmakers from both houses of Congress.   Moody's Analytics economist Mark Zandi says the drama and uncertainty surrounding U.S. debt negotiations are harming a fragile economic recovery.  ... Media files: 935C1C81-3733-4E64-B874-37B63A3C8EEF_cx0_cy3_cw0_w800_r1.jpg?nocache=1 (image/jpeg, 0 MB)

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