What would fiscal austerity look like in the U.S.?

FROM CNN's Jack Cafferty: It may be a sign of things to come here in the U.S.: Running out of money and drowning in debt. Governments across Europe are cutting, cutting and then cutting some more… and the pain is palpable. [cnn-photo-caption image=http://i2.cdn.turner.com/cnn/2010/images/06/16/art.pennies.jpg caption=""] CNNMoney.com reports what fiscal austerity looks like… and countries including Greece, … Continue reading What would fiscal austerity look like in the U.S.?