Japan eyes spending cuts to meet budget goal (Reuters)

[Mgtrben news]

Reuters - Japan is looking to make broad cuts in spending to meet a self-imposed cap in next fiscal year's budget, the Nikkei said, even as the ruling party's loss in upper house polls puts efforts to fix the country's tattered finances at risk.

Source (http://us.rd.*****.com/dailynews/rss/asia/*http://news.*****.com/s/nm/20100714/wl_nm/us_japan_economy)