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>> SPENDING CUTS Latest News

AUG 21, 2014 - Reuters

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Florida governor vows record education spending in re-election bid

TALLAHASSEE (Reuters) - Governor Rick Scott, under intense criticism by his main opponent for cuts in school spending, on Thursday promised record spending on education next year if he wins a tough re-election campaign.

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AUG 15, 2014 - Newsday

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HK economy slows as China tourists spend less

Hong Kong cuts growth forecast as economy slows on drop in Chinese tourist spending

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AUG 14, 2014 - San Francisco Chronicle

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Business Highlights

Especially if the Ukraine crisis mushrooms with a Russian invasion that would scare off business investment even more — and extend one bad quarter into an outright recession. NEW YORK (AP) — The back-to-school shopping season is off to a promising start, but retailers may be sacrificing profit for sales. [...] major retailers like Wal-Mart and Macy's are discounting merchandise ...

Tags: Business Highlights,  Spending Cuts Latest News

AUG 13, 2014 - San Francisco Chronicle

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Greek economy contracts at slowest rate since 2008

After six years of recession brought on by the global financial crisis and Greece's homegrown debt problems, many economists are predicting modest growth in the second half of 2014. Since the recession started in 2008, Greece's economy has shrunk by around a quarter, partly because the government had to impose tough austerity measures, such as spending cuts and tax hikes, ...

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AUG 12, 2014 - San Francisco Chronicle

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US budget deficit running 24.2 percent below 2013

Spending on the government's major benefit programs, including Social Security and Medicare, will drive those increases as more baby boomers retire. For the first 10 months of the current budget year, which began in October, government revenue totals $2.47 trillion, up 8 percent from the same period a year ago, reflecting a stronger economy which has boosted employment and led ...

Tags: US budget deficit running 24.2 percent below 2013,  Spending Cuts Latest News