Thomson ReutersMay 20, 2013 16:45
By Jason Lange
WASHINGTON (Reuters) - The International Monetary Fund on Monday said the United States was getting carried away with a government austerity drive, offering some of the institution's bluntest criticism yet of Washington's rush to cut its budget deficit.
Despite high unemployment, Washington is on track to slash its budget shortfall this year by the most in nearly a half century.
"We think this is too much," Carlo Cottarelli, head of the IMF's fiscal affairs division, told a conference.