Comment on 'Cautious' U.S. Consumers Could Fuel Debate Over Deficits

'Cautious' U.S. Consumers Could Fuel Debate Over Deficits

WASHINGTON -- A tepid gain in consumer spending last month could fuel a debate over whether the United States and other governments should further stimulate their economies to sustain the recovery. A report that Americans spent cautiously in May came after world leaders meeting in Toronto over the weekend pledged to reduce government deficits by cutting spending and raising taxes.

 

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