CLEAN: Debt deal: a fix to the US economy?

Mr. de Fazio discusses steps to address fiscal issues, aiming to boost employer confidence and job creation. He highlights the need for deficit cuts and better congressional work. Despite significant savings, structural fiscal problems like Social Security and Medicare remain unsolved. The focus should be on the high unemployment rate in the U.S. Personal anecdotes about family and time spent in Cape Cod are also shared.

What is the primary goal of addressing fiscal problems according to the speaker?

• To eliminate all debts

• To increase taxes

• To build confidence for employers to reinvest

• To reduce government size

Which programs are mentioned as having structural fiscal problems?

• Education and Defense

• Housing and Urban Development

• Social Security and Medicare

• Transportation and Agriculture

How much savings is expected over the next decade according to the speaker?

• $1 trillion

• $3 trillion

• $500 billion

• More than $2 trillion

What is the current unemployment rate mentioned by the speaker?

• 9%

• 11%

• 7%

• 5%

Where does the speaker mention spending time with family?

• New York

• Massachusetts

• California

• Florida