Latest News on Spending Cuts
Showing of 0 - 10 from 13 results
Spending Cuts - Total results - 13
May 19, 2015
Roads before welfare: Modi govt faces dissent over spending shakeupAs Prime Minister Narendra Modi completes one year in office, his cuts in federal welfare spending on the poorest of India's 1.25 billion people are coming in for sharp criticism, including from within his cabinet.
Feb 06, 2015
FM Jaitley hints at more spending cuts to reign in fiscal deficitFinance Minister Arun Jaitley today hinted at more cuts in spending so as to contain it within limits for the current fiscal, saying he does not believe in living on borrowed money.
Nov 07, 2014
PM Modi's ambitious selloff agenda stalls, expect more spending cutsPrime Minister Narendra Modi's ambitious selloff agenda has met resistance from labour unions and faces delays due to bureaucratic upheaval caused by a purge of the top team at the finance ministry that handles asset sales.
Mar 09, 2013
Obama dials down the budget blame in new tack on deficit fightTurning away from the sharp rhetoric he has used in recent weeks to blame Republicans for $85 billion in government spending cuts that took effect March 1, Obama this week highlighted how he is working with lawmakers in Congress.
Mar 01, 2013
US spending cuts likely to hit global economyPoliticians and economists in Washington argue over just how badly the cuts will harm the still-weak American economic recovery, but conservative estimates forecast a half-percent dip in the US gross domestic product this year.
Feb 26, 2013
Jindal, Haley lead charge against Obama over spending cuts"The president needs to stop campaigning, stop trying to scare the American people, stop trying to scare states," said Bobby Jindal.
Feb 14, 2013
Budget 2013: Colleagues oppose FM's spending cut plansThe latest to join the bandwagon of protesting ministers is Planning Commission head Montek Singh Ahluwalia since the burden of fiscal consolidation has largely fallen on plan expenditure, which is likely to be trimmed by around Rs 1 lakh crore in financial year 2013.
Feb 12, 2013
Govt sitting on surplus cash, may borrow less in new fiscalNew Delhi has built up a cash surplus of about Rs 80000 crore as a result of Finance Minister P. Chidambaram's deep spending cuts to keep the fiscal deficit down at 5.3 percent of gross domestic product this fiscal year.
Jan 31, 2013
Budget 2013: FM plans spending cuts of Rs 1.1 lakh cr to reign in deficitHowever Chidambaram's cuts on welfare and defence mainly affect capital investment and he has avoided attacking government wage bills and subsidy spending known as non-plan expenditure.
Jan 02, 2013
Fiscal cliff: Obama raises taxes for wealthiest AmericansSupporters of the bill in both parties expressed regret that the bill was narrowly drawn, and fell far short of a sweeping plan that combined tax changes and spending cuts to reduce federal deficits.