Broke and the president trying to sell his ideas on how to achieve economic growth and most of the world counterparts are worried about the debt, peter barns is live, from the fox business network and it looks like the president lost a battle with the budget cutters today. reporter: that s right, as everybody is watching the world cup and soccer, we re here at the world cup of global politics, global economics, as the captain of the spending team here, has been president obama, as you know, came here worried that some of these countries would start pulling back their stimulus, cutting their spending, too quake and it could jeopardize the global economic recovery and the countries in europe are shaken by the debt crisis and plan to go ahead with the budget cuts and say it is the best way to ensure the global economic recovery and confidence in their country s economies and the government and keeping interest rates low, for example. so, the communique the g20 leaders issue tomorrow w
Broke and the president trying to sell his ideas on how to achieve economic growth and most of the world counterparts are worried about the debt, peter barns is live, from the fox business network and it looks like the president lost a battle with the budget cutters today. reporter: that s right, as everybody is watching the world cup and soccer, we re here at the world cup of global politics, global economics, as the captain of the spending team here, has been president obama, as you know, came here worried that some of these countries would start pulling back their stimulus, cutting their spending, too quake and it could jeopardize the global economic recovery and the countries in europe are shaken by the debt crisis and plan to go ahead with the budget cuts and say it is the best way to ensure the global economic recovery and confidence in their country s economies and the government and keeping interest rates low, for example. so, the communique the g20
Broke and the president trying to sell his ideas on how to achieve economic growth and most of the world counterparts are worried about the debt, peter barns is live, from the fox business network and it looks like the president lost a battle with the budget cutters today. reporter: that s right, as everybody is watching the world cup and soccer, we re here at the world cup of global politics, global economics, as the captain of the spending team here, has been president obama, as you know, came here worried that some of these countries would start pulling back their stimulus, cutting their spending, too quake and it could jeopardize the global economic recovery and the countries in europe are shaken by the debt crisis and plan to go ahead with the budget cuts and say it is the best way to ensure the global economic recovery and confidence in their country s economies and the government and keeping interest rates low, for example. so, the communique the g20