US & Europe unleash massive public spending cuts to keep funding Ukraine
What would you call a political system where people of a state elect officials to represent interests of another state?
As France continues to stand with Ukraine, the French government is looking to bring its mounting national debt down by taking a more stringent approach to what it spends on the French public. The country’s Finance Minister proposed ‘quite a high level of reduction of public expenditures’, with focus on the healthcare system, state support for housing and employment, and energy tax breaks.
The immediate step is to withdraw energy support for businesses and households — gas price cap ends this month, while the equivalent measure for electricity will be phased out by the end of 2024. Other cuts include: spending on sick leave; medical prescriptions, which amounts to around €450 a year per patient; zero-rate home loans financed by the state; popular tax breaks for rental housing investment known as the 2014 Pinel law; programmes that subsidize professional training and wages of young workers.
Political masochism — maybe, but France is not the only one deviating; the US, the UK, Italy, Germany and many others have been enjoying it too.
--------------------------------------------------------------------------------------------------
Freedom over censorship, truth over narrative.
Follow us on Facebook: https://www.facebook.com/RTnews
Follow us on Telegram: t.me/rtnews
Follow us on Twitter: https://twitter.com/RT_com
-
5:46
RT
11 hours agoVictory Day | Liberation of Sevastopol from Hitler's army
2.34K4 -
4:14
DanielDavisDeepDive
14 hours agoThe Two Roads America Faces Today
12.6K15 -
Alex Zedra
6 hours agoLIVE! Gaming on Rumble! WOOT
27.8K13 -
39:16
Bob Menery
2 days agoBob Menery & Ryan Garcia talk about PED allegations, Connor McGregor and Awkward Topics
80.2K18 -
1:05:27
FULL SEND PODCAST
1 day agoDeion Sanders on Being Arrested, Haters in the NCAA, and Drake vs the Entire Rap Game!
43.6K3 -
2:12:51
Melonie Mac
10 hours agoGo Boom Live Episode 3!
36K8 -
1:29:47
Precision Rifle Network
13 hours agoRex & Joel Live S2E3
35.4K4 -
1:03:16
The Anthony Rogers Show
17 hours agoEpisode 308 - Lessons from the Afterlife
26.3K2 -
0:56
Memology 101
16 hours agoMSNBC "finds it SHOCKING" that voters believe Biden is a GREATER THREAT to democracy than Trump
40.1K48 -
1:13:28
The Charlie Kirk Show
7 hours agoTHOUGHTCRIME Ep. 44 — Mud-Faced Millionaires? Trump Jail = Good? The Unfunny Left?
83.1K26