Officials with the International Monetary Fund hold a press conference today, July 8, 2010, on the IMF’s latest World Economic Outlook. While the report featured slightly increased forecasts for global economic growth overall, it also predicted slower economic growth in the U.S. than the Obama administration has been anticipating in its budgeting. The IMF went on to suggest cuts in Social Security and the home mortgage interest deduction, among other programs, in order to shore up the country’s financial security.
(Flickr/IMF)
