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The need to increase taxes and scale back spending will make that difficult.
The Japanese have had some good reasons to scale back spending.
The House and Senate negotiators also agreed to scale back spending intended to help provide health insurance to the unemployed.
That will put more pressure on him to scale back spending while trying not to increase state debt.
Companies are laying off workers to cut production as consumers, struggling with their own finances, scale back spending.
As part of the cuts, Mr. Overby said, the Newseum will scale back spending on video productions and the acquisition of artifacts.
Similar(31)
And judging by their orders of durable goods, businesses may be scaling back spending.
The government is scaling back spending in sectors including health and welfare.
Still, consumers may be scaling back spending plans, the report suggested.
Even the vibrant high-tech sector is feeling the pinch, with venture capitalists scaling back spending.
The scaled back spending would stretch across sectors from groceries and gasoline to health care and recreation.
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