White House sees decade for budget balancing
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The US administration this week proposed taking an additional 10 years to balance the budget as it delivered a spending plan that relies on aggressive growth predictions to close a yawning budget gap, drawing increased scrutiny from financial markets.
Footage by Reuters. Edited by Trixia Abao.
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The US administration this week proposed taking an additional 10 years to balance the budget as it delivered a spending plan that relies on aggressive growth predictions to close a yawning budget gap, drawing increased scrutiny from financial markets.
Footage by Reuters. Edited by Trixia Abao.
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes
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