NEWS FLASH
Economists: Government Should Avoid Spending Cuts In 2013 | Most economists polled in a recent survey said that the U.S. shouldn’t cut federal spending next year due to the potential for those cuts to blunt economic growth. “Only 33% of the 236 economists surveyed said fiscal policy should be more restrictive next year,” the Wall Street Journal reported. 90 percent of the economists, meanwhile, said that the government should both raise new revenue and cut spending to reduce the deficit, a position opposed by congressional Republicans.
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