Wednesday, August 3, 2011

Mission impossible: US has to cut $20 trillion

President Obama and Congress reached an agreement on the debt ceiling deal. But is it going to solve America's financial troubles? Laurence Kotlikoff, a professor at Boston University, doesn't think so. According to him,the US has to cut astonishing $20 trillion to put its finances in order.

Mission impossible: US has to cut $20 trillion


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