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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Terry Maloney who wrote (412497)	12/8/2010 8:21:16 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 436258

Wall st. in the WH with threats again.... No tax deal would risk new recession: Obama aide By Agence France-Presse Wednesday, December 8th, 2010 -- 6:14 pm No tax deal would risk new recession: Obama aide WASHINGTON — Top White House economic advisor Larry Summers warned Wednesday that if US lawmakers reject a compromise tax deal they risk plunging the US economy back into recession. Failure from Congress to vote the tax deal brokered by the President Barack Obama in the next two weeks would "significantly increase the risk" of a "double dip" recession," Summers told reporters.