AP News
(2010-06-23 19:14:27)
US: Governments should not jeopardize global recovery with overly rapid deficit reduction
President Barack Obama's top economic advisers are urging America's major economic allies not to sacrifice economic growth to efforts to trim budget deficits.
Treasury Secretary Timothy Geithner and Lawrence Summers, head of the president's National Economic Council, said the president will stress at upcoming global economic meetings the need for balanced growth and strong reform of the financial system.
The two advisers, writing in The Wall Street Journal, said that it will be important to make sure that economic stimulus is not withdrawn too quickly.
Copyright 2010 AP News
