Take Two for April 26, 2013

Is the US entering its own era of austerity?

US-POLITICS-ECONOMY-BUDGET

JEWEL SAMAD/AFP/Getty Images

The US Capitol building

Economists and policymakers have for years shirked the austerity measures deployed by Europe to deal with the recession. But now the U.S. is making the same type of spending cuts in a weak economy that European leaders are now distancing themselves from.


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