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Studio discussion: How will tax cut affect US economy?

09-07-2010 14:06 BJT

Background: US President Barack Obama will call for a 100 billion dollar business tax credit this week to boost the lagging US economic recovery. Full story >>

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Back to our studio discussions with Professor Patrick Chovanec from Tsinghua University School of Economics and Management.

1 Despite Obama's giant effort to revive the US economy with this 100 billion US dollar tax cut, some experts say it's just too little too late. What are your thoughts about the timing of this new policy and its ability to impact the American economy?

2 While the U.S government is going to be increasing spending, debt holders may be getting anxious because the country is racking up more deficit. But how worried do you think they should be?

3 What is the likelihood that his proposal will become a reality?

Editor:Xiong Qu |Source: CNTV.CN

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