Volcker: U.S. Is Stuck in Slow Growth Pattern

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July 17 (Bloomberg) -- Budget cuts in Washington may put added pressure on state governments already strained by employee pensions and rising health-care costs, according to a report by a group led by former Federal Reserve Chairman Paul Volcker. Volcker and Former NY Lieutenant Governor Richard Ravitch speak with Peter Cook on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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