Dr. Peter Morici: US deficit talks; On the road to Armageddon
Nov 18th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Dr. Peter Morici: America’s finances are headed for a train wreck. By November 23, the Super Committee in Congress must come up with a package to cut the federal deficit by $1.2trn over ten years or draconian cuts in defense and discretionary spending follow.