There is, to be sure, no clear division between tax cuts and tax expenditures.
FORBES: Magazine Article
There are no specific cuts in tax expenditures or tax increases of any kind and mandatory entitlements are also largely untouched.
FORBES: The Debt Deal is a Bad Deal
To cope, cities are implementing hiring freezes and layoffs, delaying capital expenditures and instituting service cuts.
CNN: Obama shines stimulus spotlight on urban economy
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