With huge spending cuts hitting Americans at the same time as tax hikes, the economy could contract, resulting in a recession and subsequent market volatility.
Not exact matches
President Donald Trump on Monday will offer a budget plan that falls far short of eliminating the government's deficit over 10 years, conceding that
huge tax
cuts and new
spending increases make this goal unattainable, three people familiar
with the...
The bottom line here is massive
cuts in health coverage, either allowing
huge increases for pre-existing conditions no matter what «plan» a state comes up
with or by just limiting annual / lifetime
spending by patient.
With the
huge cuts to NHS funding, Unite wants already limited money to be
spent on patient care and not diverted into the increased bureaucracy when under the new bill, the amount of NHS bodies jumps from 162 to over 500.
The Treasury is currently consumed
with the comprehensive
spending review, to be completed in October, which will detail the full scale and scope of government
spending cuts,
with huge political implications.
This is the picture I've managed to put together so far from government sources of how ministers are in their negotiations
with the Treasury over the
huge cuts to be announced in the Comprehensive
Spending Review on 20 October 2010.
We are in a time of
huge change for families
with welfare reform and major
spending cuts affecting children and families.