That cuts spending on costly membership cards and receptionists.
But when the government cuts spending by $100, overall demand goes down by that full amount.
Every time a postwar government cuts spending it rises again a few years later, he explained.
When government cuts spending, jobs go, companies lose business, people have less in their pocket.
I've signed a law that cuts spending and reduces our deficit by $2 trillion.
Even with aggressive cuts, spending may never again fall this low.
Prime Minister Keizo Obuchi's announcement today included a giant package of tax cuts, spending and lending.
The bill also cuts spending to regional governments and makes some forms of tax evasion a criminal offense.
Third, people generally are less willing to "invest" in learning as the government cuts spending and living standards drop.
And any time a state cuts spending on Medicaid, it loses at least that much in federal matching money.
Some Democratic members balked at the draft, which cuts spending three times as much as it raises taxes.
