“German Finance Minister Wolfgang Schaeuble questioned on Tuesday how the U.S. could deal with its high levels of government debt after November’s presidential election.  In a speech to the Bundestag lower house of parliament to open a debate on the 2013 German budget, Schaeuble said worries about U.S. debt were a burden for the global economy, hitting back at Washington which has criticized Europe for failing to get a grip on its own debt crisis. In private, German officials often express concern about U.S. debt levels and the inability of politicians there to reach a consensus on how to reduce it.”

http://www.cnbc.com/id/48982485

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