IMF's Lagarde Says US Budget Cuts Were 'Absolutely Inappropriate'

“The U.S. federal budget cuts are an inappropriate measure that will weigh on potential growth, IMF chief Christine Lagarde said on Sunday, urging Washington to present "credible" fiscal plans.” How exactly is it the IMF's business to urge the US to do anything? Maybe it isn't just China that the government mortgaged the nation and its assets to.