U.S. Spending Cuts a Drag on Economy, Englund Says

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Jan. 27 (Bloomberg) -- Michael Englund, chief economist at Action Economics LLC, talks about U.S. economic growth. Gross domestic product in the fourth quarter climbed less that forecast at a 2.8 percent annual pace following a 1.8 percent gain in the prior quarter, Commerce Department figures showed today in Washington. Englund speaks with Betty Liu and Sara Eisenon Bloomberg Television's "In the Loop." (Source: Bloomberg)

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