UPDATE 1-W.House's Orszag warns of dangers of huge deficits | Reuters:
WASHINGTON, April 27 (Reuters) - President Barack Obama's top budget adviser, Peter Orszag, said on Tuesday that the U.S. government must significantly alter its policies in order to tackle a growing mountain of debt.
Orszag warned that huge deficits could cause the market to lose confidence in a government's creditworthiness."
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