International Monetary Fund head Christine Lagarde criticized the U.S. government’s budget policies as too tight on Tuesday, in an appearance in Amsterdam that was interrupted by student protestors.
Lagarde said the U.S. government’s debt reduction plans are too abrupt, including the $85 billion in federal budget cuts known as the sequester. She said that if current policies are maintained this year “the U.S. economy would be contracting by over one and a half percent.”
