Sentences with phrase «slashed social spending»

The imbalance between slashed social spending and taxation has got starker since — cuts are now doing 85 % of the work.

Not exact matches

To try and secure the deal, the government announced an austerity plan to raise taxes and slash US$ 20 billion in public spending — including cuts to social welfare and public jobs, and a lowering of the minimum wage.

Credit instead founder Eric Brown's decision to extend the firm's message into the social media realm — a move that not only slashed spending on paid property listings, but also afforded Urbane the tools to more accurately communicate the contemporary lifestyle experience so integral to its business.

In response to these strains, state and local governments have cut infrastructure investment, slashed support for higher education, cut spending on K — 12 education, cut spending on social benefits other than Medicaid, reduced administrative staff and reduced most other areas of the budget.