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                    [Title] => No sacred cows in gov’t austerity measures — GMA
                    [Summary] => President Arroyo warned yesterday there would be "no sacred cows" in her new austerity program, with deeper spending cuts and higher taxes needed to head off a looming fiscal crisis. 


In a statement, Mrs. Arroyo said stronger measures to raise revenues and reduce expenditures were being prepared — new tax reform bills filed in Congress and a new drive against corruption and tax evasion. 


"Our cost-cutting and austerity measures have already started and there will be no sacred cows," she said. 


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ANTONIO CUENCO AND SURIGAO

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                    [Title] => No sacred cows in gov’t austerity measures — GMA
                    [Summary] => President Arroyo warned yesterday there would be "no sacred cows" in her new austerity program, with deeper spending cuts and higher taxes needed to head off a looming fiscal crisis. 


In a statement, Mrs. Arroyo said stronger measures to raise revenues and reduce expenditures were being prepared — new tax reform bills filed in Congress and a new drive against corruption and tax evasion. 


"Our cost-cutting and austerity measures have already started and there will be no sacred cows," she said. 


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abtest

No sacred cows in gov’t austerity measures — GMA

September 3, 2004 - 12:00am

President Arroyo warned yesterday there would be "no sacred cows" in her new austerity program, with deeper spending cuts and higher taxes needed to head off a looming fiscal crisis. In a statement, Mrs....

Headlines