Battleground Budget

The world’s developed economies, of which the US is by far the largest and systemically most important, face a range of difficult political and social choices. President Barack Obama’s proposed federal budget acknowledges and addresses those choices and tradeoffs directly and fully for the first time in the post-crisis period.

MILAN – The world’s developed economies, of which the United States is by far the largest and systemically most important, face a range of difficult political and social choices. President Barack Obama’s proposed US budget acknowledges and addresses those choices and tradeoffs directly and fully for the first time in the post-crisis period.

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