Absent private spending, budget cuts will only depress tax revenues, requiring additional budget cuts, without end.

As a result, budget cuts would be strongly contractionary.

It is less able, however, to withstand looming budget cuts.

Governments can, of course, enforce public sector wage cuts.

Public support for spending cuts is also difficult to win.

The government is running budget deficits of 10 of GDP, despite having cut public sector wages, and now plans further cuts to service failed banks debt.

Now, citizens are facing higher taxes and cuts to public services.

If public sector investment were to be increased with no rise in taxation, the budget cuts required elsewhere to avoid unsustainable debt growth would bein implausibly large.

It is finally leading, for example, to the much needed discussion of budget cuts.

This is a public budget.

Power cuts and public service strikes are a regular feature of daily life.

However, the Public Auditor advised against that course of action, warning of a further increase in the debt burden, and suggested instead that budget cuts be made through the removal of non essential items from the budget.15

Ironically, there is one area in which large budget cuts are certainly warranted the military.

The Iranian Parliament also approved a total budget of 500 billion (5,170 trillion rials) that factors in 54 billion from price hikes and subsidy cuts and aside from the government (or public budget) also includes spending for state owned companies.

Even after a year of excruciating spending cuts, the budget deficit still exceeds 10 of GDP.

The budget cuts and other changes had inevitably had a negative impact on technical cooperation delivery.

The core issue is taxes. If public sector investment were to be increased with no rise in taxation, the budget cuts required elsewhere to avoid unsustainable debt growth would bein implausibly large.

Like Greece, these countries now face sharp budget cuts. Like Greece, they can t devalue to encourage exports.

Merely setting a dollar (or pound or euro) target for budget cuts is far less effective, because the target can easily be revised and cuts reversed to avoid political pain.

However, divergent views among Member States and fresh budget cuts led to a re examination of the plan.

Cuts in budget deficits were therefore one of the necessary macroeconomic adjustment measures for solving the debt problem.

The United States is unlikely in the short term to embrace massive budget cuts, à la the United Kingdom.

But, they fear that calling for spending cuts will be unpopular, unlike, they hope, demands to balance the budget.

The volume cuts in the core budget allow cost and inflation increases covering 1994 1995 to be absorbed within the total amount appropriated for the 1992 1993 core budget.

Cuts itself.

Cuts itself.

Why? It cuts fuel poverty, it cuts their bills, and it cuts carbon emissions at the same time.

Crisis and management is a key function of public administration, and it cuts across service delivery and delivery functions.

A sizeable common budget for the provision of public goods.

At a time when budget cuts are the order of the day, political power in Scandinavia is modest and generally honest.

Austerity s underlying logic is that budget cuts, by reducing the debt burden and restoring confidence, ultimately enhance stability and support growth.

losses due to exchange rate fluctuations, as well as for additional funds. The capping process had not involved centralized budget cuts.

McCain s solution seems to be more of Bush s policies tax cuts for the rich plus promises to curb public spending.

Moreover, Republicans belief that only tax cuts, not public spending, will delivery recovery is a sad example of blinkered ideology.

The budget cuts discretionary spending (other than defense and homeland security) by nearly 1 , and slashes as many as 150 domestic programs.

States should strive to ensure that budget cuts do not negatively affect access to adequate food among the poorest sections of society.

Moreover, most Governments made cuts in social spending, and reduced or eliminated subsidies as part of their efforts to control budget deficits.

But, you know, there is a big difference between a budget that's public and a budget that's accessible.

Chinese Coal Cuts

JS Cuts itself.

JS Cuts itself.

Massive cuts automatically

One delegation said that it was concerned about the budget cuts at a critical time in the life of the Organization and expressed its belief that the Department could not continue to bear the brunt of these cuts.

Balancing cuts in public spending in order not to endanger growth and employment requires a stable and smart government and time.

The Center on Budget and Policy Priorities finds that almost two thirds of the Ryan budget s spending cuts would come from such programs.