Under current law, America is set for a fiscal squeeze worth roughly 5% of GDP as the Bush tax cuts and a host of more recent temporary tax reductions expire at the end of this year, and deep cuts to defence and other types of federal spending kick in.

ECONOMIST: The world economy

There is a simpler, more effective way for Washington to help struggling parents: Enact deep tax cuts.

FORBES: Fact and Comment

With deep cuts to council budgets and the prospect of yet more to come, local authorities are having to think ever more creatively about how they deliver their services, forming new partnerships and collaborating more widely.

BBC: England

Yet there is a risk that in a rush to build up their cash mountains, cuts could be made too fast and too deep when a more targeted approach to surgery is needed.

ECONOMIST: Managing in the downturn

He balanced it through deep cuts to public and higher education, in addition to forcing public workers to pay more for their health insurance and pension benefits.

WSJ: Wis. governor to court Iowans, stoke 2016 talk

It was on the package of deep spending cuts that Cantor had put on the floor to make the tax increase in Plan B more palatable.

NEWYORKER: The House of Pain