Budget, Debt, and Deficits


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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An Rx for Debt Reduction?

Peter R. Orszag interviewed by Roya Wolverson

Cutting the federal deficit is seen as essential for reviving the country's economic standing. CFR's Peter Orszag looks at some of the pros and cons of recommendations by a presidential commission's co-chairs to cut more than $3.8 trillion from national deficits.

See more in United States; Budget, Debt, and Deficits