Tax increases and spending cuts are expected as the government tries to stabilize its finances and reassure financial markets.
Tag: Budgets and Budgeting
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In New Forecast, New York City Projects $2.9 Billion Deficit
The stock market’s weak performance is projected to cost the city billions of dollars in pension fund obligations in the coming years.
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Britain Scales Back Foreign Aid, Threatening Progress in Global Health
The nation is often the second-largest donor to groups working in poor countries to prevent and treat infectious diseases, and to provide reproductive health services to women.