IMF urges lawmakers to focus on boosting the economy now

by BMG Admin on July 3, 2012

The U.S is to boost its economy now and worry about cutting deficits later, the International Monetary Fund recommended Tuesday.

The U.S. recovery remains “tepid” and according to the IMF, is expected to grow only 2% this year. Meanwhile, the fiscal cliff looms in 2013, threatening to reduce the economy’s growth to only 1% next year.

To read Annalyn Censky article: IMF warns on U.S. economy

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