Exact(7)
But he also said that for all the talk of German austerity, it was actually reducing its spending gradually, and not any more quickly than the United States.
Manchester is reducing its spending by 54%, Portsmouth by 49% and Liverpool by 35%.
Detroit, for example, is considering moving retired workers who are not eligible for Medicare to the exchanges as a way of reducing its spending.
"Faced with a challenging but achievable target for reducing its spending, the Child Maintenance and Enforcement Commission is relying heavily on the introduction of fees to parents, underpinned by a new IT system.
Labour-run Merton council agreed to cut £24m from its 2011-12 budget, reducing its spending to £151m.
EDF is reducing its spending on its planned new nuclear power plant at Hinkley Point in Somerset.
Similar(53)
By reducing its spend on raw materials, the company keeps costs low for itself and customers, staying competitive in a challenging market.
It urgently needs better information and communication technology (ICT); and it must reduce its spending on it.
HMRC has reduced its spending on IT from £1.4bn to £700m in two years, according to Pavitt.
Ford Motor also said today that it would reduce its spending on sales incentives like cash rebates and below-market financing.
Birmingham city council says it has reduced its spending on care by almost a fifth using this system.
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