U.S. Economy

Obama Urges for No More Budget Showdowns This Year

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On Saturday, President Obama addressed the issue of budget showdowns in his weekly radio and Internet appearance emphasising that the U.S. economy could'd afford to go through any legislative battles this year or in the future. The “fiscal cliff” bill, passed by the House Of Representatives on Tuesday, produced a compromised bill that will help to fix the country’s financial crisis and the President wants to move forward from here.

Read it at Reuters