International Monetary fund chief Christine Lagarde does not think too highly of the United States' relatively new federal budget. At an economists' conference in France's southern Aix-en-Provence, Lagarde said recent budget cuts, better known as the sequester, were inappropriate and could damage middle and long term growth. "The budgetary
IMF Criticizes US Budget Sequestration, Again
“The budgetary procedure that is in place in the United States… seems to us absolutely inappropriate,” Christine Lagarde said.