Budget Cuts Spread Alarm Over Weakening U.S. EconomyPlay
Increasingly economists say the chances of a recession in the U.S. are growing.
The last "double-dip" recession occurred in 1981, but many analysts say that large cuts in government spending could knock the faltering economy back into recession territory.
- New York Times: Spending Cuts Seen as Step, Not as Cure
- New York Times: From Spending to Cuts, While the Economy Stalls
- Binyamin Appelbaum, Washington correspondent for the New York Times