About half have made modest trims, but only for future workers.
Our new forecasts for 2017 and 2018 are around 4% lower than before, largely reflecting a higher interest cost assumption, with some modest trim to EBIT.
"If we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow," he said, referring to his existing proposals for modest trims to Medicare and tax-code changes that would generate more revenue from the wealthy.
France's legislature earlier this month enacted a modest trim of labor regulations but Mr. Hollande, under fire from within his own party and deeply unpopular with the public at large, faces an uphill struggle to implement reforms that, when attempted by his predecessors, led to large street protests and labor unrest.
If Mr. Bush makes good on his mantra of bipartisanship, and his moderate side prevails, he would probably be willing to significantly dilute his proposals, like his huge tax cut plan, and instead go for more modest trims, making teachers and schools more accountable, retooling Social Security in a way that Democrats could accept and settling on a prescription drug plan.
Democrats are offering only modest trims to food stamps, also known as the Supplemental Nutrition Assistance Program.
Despite the modest budget trimming, organisers promise next month's spectacle at the Sambódromo will be more vibrant than ever.
But the Republicans who control the House have argued that modest budget trimming combined with a strengthening economy would close the projected shortfalls without tax increases.
The health authorities approach their local survivalist -- who lives in a modest bunker trimmed with barbed wire and stuffed with semiautomatics -- and they propose to examine him for symptoms of clinical paranoia.
And, second, Mr Bush's modest proposals for trimming entitlements are far outweighed by his obsession with tax cuts.Not only does this budget propose making permanent all of Mr Bush's previous tax cuts that currently expire between 2008 and 2010; it suggests new ones, particularly an expansion of health-saving accounts.
