spending cuts

Delicate Pivot as Republicans Blast Rivals on Medicare Cuts

Hooray, and junk. Federal employees get a pay freeze, which is effectively a pay cut, for the next two years. Which will save $2B this year. The deficit is something like $1 trillion. This amount barely covers the bonuses for the bailed out executives! Polls show that people think the 2.5M...

Listening to a Talk Of The Nation discussion yesterday on the proposed across-the-board cuts in government spending, and talk got down to the military. It was the opinion that military spending was a prime area for budget reduction, but how to proceed with two wars being fought and increasing...

http://www.theatlantic.com/politics/archive/2010/10/demint-end-funding-for-npr-pbs/65012/ ""Since 2001, the Corporation for Public Broadcasting, which funds programming for National Public Radio and the Public Broadcasting Service, has received nearly $4 billion in taxpayer money," said DeMint...

So, seeing as tomorrow Gideon will announce cuts that will reshape the state for years to come, it seems worthy of its very own thread.... Lots of this has already been leaked in advance, so what we could expect: 10% cut in defence budget (trident put off) 80% in university budget BBC made...

So it begins... Child benefit to be axed for higher earners: http://www.bbc.co.uk/news/uk-politics-11464300

http://www.bbc.co.uk/news/uk-england-11141264 Actually I sure this won't come as a surprise to us that can remember the 80s and the 90s.

http://news.bbc.co.uk/1/hi/uk/10500081.stm I am just flabbergasted - is this so that 25% won't seem to be as bad as it could have been!