Dear All, Greetings from me, US would come with US$3 trillion dollars package. Currently discussions are on with House of Senate and Congressmen. Important Highlights. Defence spending to come down. No new taxes, to cut expenditures.
Would increase the debt ceiling from present US$14.3 trillion. Have to balance employment with simultaneous increase in revenues. Unemployment at record level at 9% in US. One can judge the euphoric impact on global markets tomorrow