by iMFdirect
The head of the IMF Christine Lagarde has weighed in on the ongoing U.S. fiscal cliff debate. Three weeks before a series of automatic tax increases and spending cuts are due to kick in if lawmakers don’t reach a new deal, Lagarde said she favors a comprehensive fix, rather than a quick one.
“My view is that the best way forward is to have a balanced approached that takes into account both increasing revenues and cutting spending as well.”
Filed under: Advanced Economies, Economic Crisis, Employment, Fiscal policy, growth, IMF, International Monetary Fund | Tagged: Christine Lagarde, CNN, entrepreneurs, Europe, fiscal cliff, government spending, growth, households, IMF, iMFdirect, International Monetary Fund, investors, taxes, United States | 7 Comments »
