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* 30 billion euros in tax hikes, spending cuts * Monti renounces own salaries * Pension age to rise to 66 by 2018 By Giuseppe Fonte ROME, Dec 4 (Reuters) – Prime Minister Mario Monti unveiled a 30-billion-euro ($40.3 billion) package of austerity measures on Sunday, raising taxes and increasing the pension age in a drive to shore up Italy’s strained finances and stave off a crisis that threatens to overwhelm the euro zone. Packed into a [...] * Deal needed soon to avert government shutdown by Friday * Defense, healthcare among many stumbling blocks * Obama calls congressional leaders to White House Tuesday (Repeats to add links) By Andy Sullivan and Thomas Ferraro WASHINGTON, April 4 (Reuters) – U.S. House of Representatives Speaker John Boehner on Monday blasted Democratic spending-cut proposals as “smoke and mirrors,” undercutting the notion that progress is being made on a budget deal that would avert [...] |
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