Preparations for the inaugration
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Obama inauguration: What next for the US economy?

With Barack Obama's second inauguration taking place on Monday, what can US households and firms expect from his second term?

As chief executive of US inc, he faces a tough four years - the economy is growing and firms are starting to hire again but the recovery is still fragile.

The US government is trillions of dollars in debt and faces a budget crisis unless politicians can agree on spending cuts or a rise in borrowing.

The BBC's Michelle Fleury reports from New York.

  • 21 Jan 2013
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