IMF urges repeal of ‘ill-designed’ U.S. fiscal cuts

The International Monetary Fund on Friday urged the United States to repeal sweeping federal budget cuts that will be a severe drag on economic growth this year. In its annual check of the health of the U.S. economy, the IMF forecast economic growth would be a sluggish 1.9 percent this year. The …

See the original post here:
IMF urges repeal of ‘ill-designed’ U.S. fiscal cuts