CURRENT NEWS ITEM: LABOUR'S SPENDING PLAN 'UNSUSTAINABLE'

TOP - 50 RELEVANT BREAKING NEWS

1. Labour's spending plan 'unsustainable'

   David Cameron today ditched the Tories' promise to match Labour's planned spending up to 2011, insisting it was now unsustainable.

2. David Cameron scraps Labour spending plan to avoid 'borrowing bombshell'

   David Cameron has scrapped the Conservative commitment to match Labour's public spending plans after 2010.

3. Glenrothes by-election: Labour sets out action plan

   The rising cost of living was the battleground for parties in the Glenrothes by-election campaign today.

4. Report says Medicaid spending "unsustainable"

   WASHINGTON (Reuters) - Spending on the Medicaid health program for the poor is on a path to grow at a much higher rate than the overall U.S. economy in the next 10 years, officials said on Friday.

5. Labour rolls out 15 point plan to beat economic woes

   Labour has outlined 15 "practical suggestions" it wants the Scottish Government to follow to help the country through the international economic crisis.

6. Darling hopes to spur growth with spending plan

   Alistair Darling is set to pour billions of pounds into major public works in an attempt to fend off the worst of the economic downturn, he announced yesterday.

7. Alistair Darling's spending plan dismissed by George Osborne

   Alistair Darling's plan for Britain to spend its way out of the economic crisis will do nothing to help those already suffering its consequences the Conservatives said.

8. Labour's 10year transport plan has failed

   LABOUR has comprehensively failed in its pledge to provide a "new deal" for transport in the 10 years since John Prescott published a blueprint for reform according to a new academic study.

9. Economists condemn Chancellor Alistair Darling's spending plan

   Chancellor's plan to spend his way out of the recession facing Britain is branded "misguided" by 16 leading economists.

10. Darling spending plan 'misguided'

    A government plan to spend its way out of the looming recession is "misguided and discredited" say leading economists.

11. China's spending plan lifts London miners

    London equities made gains, helped by an energetic showing on Asian markets after China announced $586bn infrastructure spending programme

12. Mozambique: Unions Protest Plan to Scrap Labour Inspectorate

    Mozambique's largest trade union federation, the OTM, has protested vigorously against the government's plan to scrap the Labour Inspectorate, replacing it with a General Inspectorate of Economic Activities.

13. Labour MPs attack Geoff Hoon over Heathrow expansion plan

    British jobs will be lost to our continental competitors unless a third runway is built at Heathrow Geoff Hoon the Transport Secretary told rebellious backbench Labour MPs.

14. Alexander insists Labour has no plan for snap poll

    Labour's election co-ordinator yesterday said he had not discussed the possibility of a snap poll with Gordon Brown, insisting the Cabinet was "entirely focused" on the economic crisis.

15. Tories cut Labour spending pledge

    The Conservatives are dropping their pledge to match Labour's spending plans for the year 2010/11, says David Cameron.

16. Tories axe pledge over Labour spending

    David Cameron said the Tories' promise to match Labour's planned spending up to 2011 was now unsustainable.

17. Pentagon plan calls for increased defense spending

    WASHINGTON -- The Pentagon's chief weapons buyer said Thursday the Bush administration's long-term military budget plan calls for increased defense spending in future years.

18. Fullers sticks to £16m spending plan

    Fuller, Smith & Turner promised to press on with a £16m capital investment programme in its pub estate despite the downturn that has seen other companies in the leisure sector pull back on spending

19. Revealed: Labour's #163;37bn stealth spending cuts

    Stealth spending cuts by the Government will see £37bn slashed from frontline public services, according to analysis of the pre-Budget report by the respected Institute for Fiscal Studies. Meanwhile the Organisation for Economic Co-operation and Development has forecast the UK economy will shrink more sharply than any other G7 country next year, in a "severe" downturn losing 1.1 per cent of GDP.

20. Government's New Credit Plan Seeks to Boost Consumer Spending

    The government's announcement yesterday of a $200 billion plan aimed primarily at supporting the markets that supply financing for consumer loans is meant to boost consumer spending and, in turn, keep the economy going.

21. Euro spending spree plan

    Nov. 26 - The European Commission unveils a 260 billion dollar scheme to revive the bloc's struggling economies.

22. India hopes spending plan will help revive economy

    India's Prime Minister Manmohan Singh plans to spend an extra 200 billion rupees (€3.2bn) to support an economy buffeted by recession and a terrorist attack, following interest rate cuts announced at the weekend.

23. Stocks jump on Obama spending plan

    NEW YORK (AP) — Wall Street is sharply higher in early trading as investors are optimistic that President-elect Barack Obama's infrastructure-spending package will help boost the crippled economy.

24. Spending Plan Would Cut 900 Jobs, Close Schools

    The Prince George's County superintendent will unveil a $1.68 billion budget proposal today that would slash about 900 positions from the school system's workforce, close six schools and increase class sizes in first through third grades.

25. Archbishop of Canterbury says Gordon Brown's spending plan like 'drug addiction'

    Archbishop of Canterbury brands PM's spending plans like an "addict returning to the drug".

26. Obama Assembling $850 Billion Infrastructure Spending Plan to Jolt Economy

27. Bailout watchdog: What's the spending plan?

    WASHINGTON (AP) -- The top congressional watchdog overseeing the nation's financial bailout said Thursday she's frustrated by the Treasury Department's refusal to explain how it is doling out billions in taxpayer money....

28. Bailout Watchdog: Where's the Spending Plan?

    Harvard professor Elizabeth Warren, the chairwoman of a congressional oversight panel, traveled to Washington Thursday to get answers on how Treasury is managing the unprecedented bailout.

29. CarMax slips to loss in Q3 on lower consumer spending; shelves store growth plan - Update 2

    Used vehicles retailer CarMax Inc. on Friday morning reported a loss for the third quarter, compared to a profit last year, as the weak economy and a cut-back in consumer spending led to a sharp drop in customer traffic. Quarterly revenues dropped 22.8% and missed analysts' expectations. The company also said it was suspending its store growth plan until market conditions improve.

30. Obama may seek stimulus spending plan exceeding $850 billion

    Barack Obama may ask Congress next year to approve a stimulus plan of around $850bn, an amount that has grown as the US economy sinks deeper into recession, an adviser to the President-elect said.

31. Maybe it can't: A trap in Obama's spending plan

    Huge public investment projects have bolstered the economy in the past. But this time that may not happen.

32. Maybe It Can’t: A Trap in Obama’s Spending Plan

    Huge public investment projects have bolstered the economy in the past. But this time that may not happen.

33. A Trap in Obama’s Spending Plan

    Huge public investment projects may not bolster the economy this time.

34. Labour call to drop local income tax plan changes

    Labour yesterday urged the Scottish Government to drop local income tax (LIT) plans. Citing set-up costs and bureaucracy, Labour’s finance spokesman David Whitton said: “This policy is ill-thought out."