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U.S. Secretary of Treasury promises to bring the state deficit to the half

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The promise of the finance

There must be a better track of finances in the U.S. The promise of the Secretary of Treasury, Timothy Geithner – but it is just not a thing that you do just like that.

Cut off half

Geithner promises that Obama’s government is determined to cut off half of the American Govenment deficit over the next four years. Geithner said that the current financial year will end with a deficit of 1,750 billion. U.S. dollars, representing 12.3 per cent. of the U.S. gross domestic product. read more aboute Geithner’s speech here

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marts 12th, 2009 at 7:03 pm

Posted in economics

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