spending cuts

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Austerity Ekes Out Victory in Greece

Eurozone decision follows huge protests

(Newser) - In a 153 to 128 vote, Greek's three-party coalition government barely passed some $22 billion worth of new austerity measures in an effort to remain in the eurozone. Eighteen MPs voted "present" on the plan, with another abstaining. The vote on the measures, which include pension cuts and...

Looming Challenge: 'Avert the Cliff'

But is anyone willing to compromise?

(Newser) - Election 2012, check. Next up: the "fiscal cliff." We're fewer than 60 days away from what could be one of the largest tax hikes in US history—as the clock ticks down, will anyone in Washington be willing to compromise? As the Washington Post explains, Democrats may...

Obama Needs to Talk About Snuffleupagus
 Obama Needs to Talk  
 About Snuffleupagus 
Dana Milbank

Obama Needs to Talk About Snuffleupagus

Dana Milbank: Focus on the imaginary parts of Romney's plans

(Newser) - Barack Obama is focusing on the wrong Muppet. His campaign's new Big Bird attack ad may have garnered lots of attention, but "Big Bird is not the problem," writes Dana Milbank of the Washington Post . "The problem is Snuffleupagus." Snuffy, if you don't recall,...

Don't Fear the Looming Pentagon Cuts

...because it's the domestic cuts that will really hit home

(Newser) - Much ink has been given to the Pentagon cuts set to hit on Jan. 2, thanks to the failure of last year's deficit supercommittee. But with less than five months til D-Day, the AP takes the opportunity to dish out a cheery recommendation: Don't fear those $55 billion...

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