Spending Cuts

  • More cuts needed to balance British budget, say experts 29-06-2013 04:42 AM

    London: A leading think tank here has observed despite spending cuts of 11.5 billion pounds (over $17 billion) as announced by British Chancellor George Osborne for 2015-16, it may not not be enough to balance government budgets in the medium term. According to Carl Emmerson, director of the Institute for...
  • US: Americans will be hard hit from forced spending cuts 03-03-2013 09:35 AM

    US President Barack Obama signed the spending cuts order on Saturday. ...