Friday, January 7, 2011

WILL THIS BE IN THE FUTURE FOR THE UNITED STATES?

While U.S. Grows Government, European Governments Spending Less

(Budget & Tax News ) -- Heartland.org reports, "Americans are seeing a massive expansion of the scale and scope of their government’s spending, while Europeans are coming to terms with austerity, conservative fiscal policy, and a reexamination of the state’s role in society." The story notes that in the UK, every government entity — except the National Health Service and Foreign Aid Department — plan to make 25- 40% cuts to their budgets. In France, the government is increasing retirement age. And in Germany, Chancellor Angela Merkel’s government has instituted an aggressive deficit-reduction program.

http://www.heartland.org/budgetandtax-news.org/article/28988/While_Europes_Governments_Spend_Less_US_Spends_More.html

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