Ron Burgundy Posted November 5, 2012 Share Posted November 5, 2012 MEXICO CITY (Reuters) - Finance chiefs of leading economies pressed the United States on Sunday to avert a rush of spending cuts and tax hikes that could hurt global output next year, though some countries still saw Europe's debt crisis as the No. 1 danger. Unless a fractious Congress can move quickly to reach a deal after Tuesday's U.S. elections, about $600 billion in government spending cuts and higher taxes are set to kick in from January 1, threatening to push the American economy back into recession. ... http://news.yahoo.com/g20-flags-u-fiscal-cliff-europes-debt-woes-053515874--finance.html Quote Link to comment Share on other sites More sharing options...
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