61. A. The IMF aid package was approved on condition that Brazil take fiscal austerity measures, including spending cuts. 62. And they chided Democrats for so stubbornly resisting spending cuts. 63. And he invited congressional Republicans to produce their promised seven-year plan to balance the budget, a package that will have to contain massive spending cuts. 64. Apparently hoping to calm markets, Finance Minister Goran Persson, a Social Democrat, said this week that more spending cuts may be necessary. 65. Argentine provinces have been plagued by violence for six months since the federal government began spending cuts. 66. Confcommercio analysts cited shaky consumer confidence, uncertainty following recent political turmoil, high unemployment and fears of new taxes and spending cuts. 67. Finance Minister Goran Persson warned this week that more spending cuts may be necessary. 68. He also announced new taxes and government spending cuts. 69. He complained about public opinion polls that suggest tax cuts will mean spending cuts. 70. In a speech laced with nationalist sentiments, Moyano called on the government to raise worker salaries and reject IMF demands for further spending cuts. |