Federal Budget Dept: The Harper government is hunting for between $4 billion and $8 billion in annual cuts as part of its sweeping program review, with broad details to be released in the budget, according to Montreal Gazette. Flaherty, however, downplayed the extent of the budget cuts on Wednesday, calling them moderate, modest,'' and insisting they'll target government bureaucracy rather than public services and oTTAWA - Finance Minister Jim Flaherty is promising only modest'' cuts in Thursday's federal budget, arguably the most important fiscal blueprint in nearly two decades and one that promises to leave a Conservative stamp on government for generations to come. It's believed the savings will be closer to $8 billion, which has unions fearing thousands of federal job losses and opposition parties worried about massive cuts to programs.
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reported in the news.
@t Finance Minister Jim Flaherty, federal budget
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