51. Archer promised that the House would not approve tax cuts unless it paid for them with off-setting spending cuts. 52. ARGENTINE stocks fell to their lowest this year after spending cuts and tax increases announced by Brazil failed to convince investors that it can avoid devaluing the real. 53. Any change in tax law that would lower revenues must, under current law, be offset with spending cuts. 54. As a consequence, the spending cuts needed to predict a balanced budget using administration figures are much smaller than those needed using the congressional numbers. 55. As a result, some spending cuts that could help balance the budget would be diverted to helping finance tax cuts. 56. As a result, the administration believes spending cuts will not need to be as deep as Republicans assert. 57. As Finneran is warning the public about the tough times ahead, he is conditioning House members for the coming difficult decisions on spending cuts and tax increases. 58. Arts education in the New York City schools has suffered, Ms. Cohen said, because of recent spending cuts. 59. Asians, bolstered by some big-name Western economists, blamed the IMF for worsening the crisis by forcing big spending cuts to trim deficits. 60. As president of the National Congress of American Indians, Allen plans to consolidate political clout in Indian country to restore spending cuts and protect sovereignty. |