Goldman's Jan Hatzius backs away from his worry about a 2013 recession, saying congressional...

|By:, SA News Editor

Goldman's Jan Hatzius backs away from his worry about a 2013 recession, saying congressional Republicans have given up on the idea of using the debt ceiling as a way to force spending cuts. No worries on the deficit, which shrunk to 7% of GDP last year on its way to 3% by 2015, says Hatzius.