Lazear: Spending Cuts, Not Taxes Reduce Deficit

Nov. 2 (Bloomberg) -- Edward Lazear, a professor at Stanford University's Graduate School of Business and former economic adviser to President George W. Bush, discusses the need for spending cuts over tax increases to decrease the deficit. He speaks on Bloomberg Television’s “In The Loop.”

Tata Heads Kept in the Dark Over Mistry's Departure
50:36 - Tata shares dragged India's benchmark indices down from a three-week high. That comes after the surprise decision to oust its chairman. Bloomberg's Haslinda Amin reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
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