The chancellor, George Osborne, certainly
plans more austerity, hoping to achieve a budget surplus and a rapidly declining debt - to - GDP ratio by the end of the decade (four years later than he originally predicted).
Not exact matches
THESSALONIKI, Greece (AP)-- Greece's prime minister promised Saturday to deliver economic growth to a country hammered by years of economic hardship, as thousands gathered in protest at
more planned austerity measures.
This is unlikely to make them very receptive to accepting the need for
more austerity - as the Lib Dems and Conservatives have been forced to - by offering joint spending
plans to 2017/18.
What's now the difference between Labour and Tory
austerity plans except that Labour will supposedly take one
more year to get there?
On the heels of six years of
austerity budgets dating to 2008, the Executive Budget proposes another year of spending cuts in a host of areas, and lays out a multi-year
plan of steep spending cuts that will extend the
austerity measures for three
more years, thus completing an «
austerity decade» for New York.
A curiously political and surprisingly honest criticism of the Labour
plan to halve the deficit in four years rather than to eliminate the structural deficit altogether — that it would mean going into the next election with
more pain and
austerity ahead.
George Osborne is to introduce yet
more austerity measures as he sticks to his failed economic strategy, but has he costed this tax cut into his budget
plans for 2016/17?
«
Austerity policies under this Government and its Coalition predecessor have already resulted in cuts to early years education and Sure Start provision, but yet
more attacks are
planned.
Bank economists praised the budget
plan as feasible, but said if the economy worsened the government should be wary of
more extreme
austerity measures like those that have hammered growth in the United Kingdom and elsewhere.