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Mr. Rehn's visit came after the Spanish government last week presented a budget for 2013 that would include additional spending cuts.
The Committee for Montauk has not presented a budget for the village, but financial questions will be addressed at 1 p.m. today at the Montauk Firehouse, at the first of four public meetings to be held.
MADRID — Confident that Spain is emerging from a prolonged recession, the government on Friday presented a budget for 2014 that was largely free of the unpopular austerity measures of recent years.
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Even so, Mr Steinitz's optimism seems broadly justified, as he prepares to present a budget for this year and next.
This week, Gov. Arnold Schwarzenegger will present a budget for the coming fiscal year that must address a projected shortfall of at least $14 billion.
The FT splashes on the issue, saying that the chancellor will be forced to issue more than £200bn worth of government bonds this financial year, with suggestions that this record level of peacetime borrowing will overshadow his attempts to present a budget for jobs and housing growth.
By convention, Mr. Cuomo would have presented a budget calling for a big cut in reimbursement rates.
Mr. Cuomo's remarks came as he presented a budget calling for a $2.85 billion reduction in local school aid, a proposal that has already drawn fierce criticism from educators.
On March 12th Paul Ryan, the chairman of the Budget Committee in the Republican-controlled House of Representatives and the party's vice-presidential candidate last autumn, presented a budget resolution for the decade starting this coming October.
The government presented a budget that calls for big increases in military and rural spending.
It was an eventful week in Britain too, as the chancellor, George Osborne, presented a budget that was savaged for its proposed cuts to disability benefits.
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