U.S. Will Solve Deficit Problem ‘Proactively,’ Paulson Says

Friday, 15 Apr 2011 07:00 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

April 15 (Bloomberg) -- Former U.S. Treasury Secretary Henry Paulson said he was “optimistic” about the U.S. economy and expected “tremendous innovation” to come from the world’s largest economy.

The U.S.’s biggest fundamental problem at the moment is the deficit, which the market will force it to solve “proactively” at some point, Paulson said at the Boao Forum in the southern Chinese province of Hainan.

To contact the editor responsible for this story: Gregory Turk at gturk2@bloomberg.net

© Copyright 2014 Bloomberg News. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Christian NY Farm Owners Fined $13K for Refusing Same-Sex Wedding

Wednesday, 20 Aug 2014 19:48 PM

A Christian couple who owns a farm in upstate New York has been fined $10,000 and ordered to pay two women $1,500 each f . . .

Eric Holder Meets With Michael Brown's Parents

Thursday, 21 Aug 2014 08:16 AM

Attorney General Eric Holder met with the parents of 18-year-old Michael Brown Wednesday evening at the U.S. attorney's  . . .

McDonnell Denies Special Aid to Company for CEO's Gifts

Wednesday, 20 Aug 2014 22:31 PM

Former Virginia governor Governor Robert McDonnell told jurors he didn't provide special treatment to a company whose ch . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved