The ECB will have to forgo the profits on the Greek bonds it bought at a discount if Greece is to have a chance of cutting its debt burden to 120% of GDP by 2020.
Wealthy and poorer nations are likely to argue over sharing the burden of cutting carbon emissions.
Cutting down on the burden of moving mountains of paper bills and heavy coins could conceivably save a bundle in cost-sensitive businesses like gas and fast food.
But there are concerns that the debt restructuring doesn't go far enough in cutting Greece's debt burden.
WSJ: Greek Party Leaders Struggle to Resolve Overhaul Differences
Both parties want to put the burden of deficit cutting on lower spending rather than higher taxes.
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Indeed, it is membership of the euro that has made Italy's public-debt burden bearable by cutting its servicing costs sharply.
But, as the central bank has recognised, there is also scope for cutting the debt-service burden by improving the management of debt issues, and by increasing the liquidity of government-bond markets.
Because most American companies are set up as pass through organizations in which business income is taxed on the individual tax returns of the business owners, policy makers can reduce the tax burden on small businesses by cutting taxes on individuals.
Both men are cutting corporate tax rates while raising the overall burden of tax on business.
Companies that once helped shoulder the retirement burden through funded pension plans are cutting back their commitments now that low investment returns, low interest rates and higher life expectancy have created frightening deficits.
Their proposals to promote more private-sector jobs for the poor by cutting employers' national insurance contributions and shifting the burden of taxation on to capital-intensive activities from labour-intensive ones merit further consideration.
Cutting corporate taxes offsets less than a third of carbon tax burden for households in the first three income quintiles, but more than offsets the carbon tax burden in the highest-income group.
FORBES: Could A Carbon Tax Be The Key To Achieving Corporate Tax Reform?
This is intended to ease the cost burden on employers and to avoid putting off employees by cutting their wages too sharply.
As Dominique Strauss-Kahn, the fund's boss, puts it: if countries start cutting budgets a year late, they will have an unnecessarily large debt burden.
It is the clear intent of the Senate Budget that the savings found by eliminating loopholes and cutting unfair and inefficient spending in the tax code not increase the tax burden on middle class families or the most vulnerable Americans who already have sacrificed greatly in recent deficit reduction efforts.
Sounds like an additional burden being placed on the bureaucracy at a time when the government is considering freezing or cutting agency budgets.
Democrats responded that the Ryan proposal would harm economic growth by shifting the burden of deficit reduction to middle-class Americans, the elderly and others, while cutting spending for college loans, infrastructure development, scientific research and other areas vital for job creation.
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