Former CBO Director O'Neill on Federal Deficit
Feb. 6 (Bloomberg) -- June O'Neill, former director of the Congressional Budget Office, talks about plans by the U.S. Postal Service to end Saturday delivery, a CBO analysis that the federal deficit will slip under $1 trillion for the first time in five years and the outlook for the Medicare and Social Security programs. O’Neill, now a professor at Baruch College, speaks with Mark Crumpton on Bloomberg Television’s “Bottom Line.” (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
04:50 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)