The US Capitol
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Financial priorities for US Congress

The 112th US Congress is being sworn in and it means a new political landscape for the Obama administration.

But what will that do to the economic recovery, which has been progressing, but only at a modest pace?

Republicans argue it is time to start slashing government spending to deal with America's soaring deficits.

Caroline Hepker reports.

  • 05 Jan 2011
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