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Published on Aug 4, 2011
During the next decade, the US has no option but to impose brutal spending cuts to try to rein in its $14.3 trillion debt. That's going to be particularly hard when the economy's already in a slump, unemployment's at near 10 per cent and political parties are in no mood to work together.
So how's it all going to affect not just American society, but also the presidential election looming next year?
Leigh Sales interviews New York Times columnist, Tom Friedman, who is a guest of the United States Studies Centre.