Budget, Debt, and Deficits

Interview

Calling for an EU Federal Budget

Jacques Attali interviewed by Christopher Alessi

The European sovereign debt crisis is compounded by a faltering U.S. economy, making the implementation of an EU-wide federal budget and coordination of nation-state budgets necessary to preserve the single currency, says economist Jacques Attali.

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Must Read Authors: Peter Wallsten, Lori Montgomery, and Scott Wilson

President Obama used an economic "grand bargain" to wash his hands of Washington's dysfunction, presenting himself as a well-intentioned man unable to secure a fair deal with the Capitol's enduring partisanship--but the reality of the deal was a lot more complicated than press statements from either party reveal, write Peter Wallsten, Lori Montgomery, and Scott Wilson for the Washington Post.

See more in United States; Congresses, Parliaments, National Legislatures; Budget, Debt, and Deficits