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Bookmark or Share- Austerity Measure Definition from Financial Times LexiconAusterity measures refer to official actions taken by the government, during a period of adverse economic conditions, to reduce its budget deficit using a combination of spending cuts or tax rises.
- CBO: Debt Will Rise to ‘Unsustainable’ Levels if Congress ...Extending recently approved spending increases and tax cuts would create an “unsustainable” fiscal outlook, the Congressional Budget Office said in a report published Wednesday.
- Maricopa County cuts spending, but property tax bills will ...Maricopa County cuts spending, but property tax bills will still rise. Even though county officials plan to spend less and keep property-tax rates flat, your bill could still increase.
- RINOs Collins and Burr join Democrats to defeat Trump’s ...Senators voted Wednesday to block President Trump’s $15.4 billion spending cuts package, with lawmakers saying it trimmed the budget too much.
- Data Reveals Companies Have Used Tax Cuts to Increase ...Technology has seen a huge upswing in capital spending. S&P Global Marketing Intelligence found that “tech companies posted 48 percent growth in first-quarter capex as of Tuesday.”. Google’s parent company Alphabet increased capital spending from $2.5 billion to $7.3 billion and purchased new offices in New York. CFO Ruth Porat said that Google “has 20 new data centers in construction ...
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