Thousands of students demonstrate in Madrid to protest against Spanish government’s spending cuts in the education system, February 6, 2013. Thousands of students and teachers have demonstrated in the Spanish capital Madrid to protest against the government’s budget cuts in the education sector. Carrying flags and banners that read “Our education will... 

Illegal immigrants are being released from US detention facilities ahead of looming federal budget cuts that would slash funding for the removal and detention of illegal aliens. In an attempt to save money ahead of the automatic budget cuts, which are scheduled to take effect Friday, the detainees are being released in the US – even though they are facing... 

Spaniards protesting against medical spending cuts in Madrid on February 17, 2013. Amid fresh reports of Royal family corruption, furious Spaniards are set to stage massive nationwide protests against severe budget cuts. Massive protests have been planned for Saturday in Madrid, Barcelona and other cities. Teachers, students, miners, medical staff, workers from... 

Greek Finance Minister Yiannis Stournaras talks to the press after meeting with the EU-IMF-ECB troika at the prime minister’s office in Athens on September 10, 2012. Greek Finance Minister Yannis Stournaras says the cash-strapped euro member has offered its multi-billion-euro austerity program to its troika of international auditors. “We have submitted... 

Thousands have taken to the streets throughout Greece to protest the drastic budget cuts proposed by the government. In Athens some 2,000 pensioners marched through the city to protest newly introduced pension cuts. It was announced that those who earn more than 1,000 euros a month will have 10 percent of their pensions axed. This is despite a 25 per cent cut... 

A general view of Piazza Duomo during the FIOM CGIL and Students National Strike on January 28, 2011 in Milan, Italy. Italian trade unions have called for a strike to protest the recent government austerity measures aimed at resolving the eurozone debt crisis. Two of Italy’s three biggest trade unions said they would hold a two-hour strike on December... 

Protestors march on September 6, 2011 during a demonstration organized by the leftist General Confederation of Italian Workers (CGIL) union against the government's economic policy in the center Rome. Tens of thousands of people are stranded. Factories are closed, airports and train stations deserted. An entire nation comes to a standstill as Italy’s... 

Dick Armey, former House Majority Leader and Tea Party activist, attends the National Republican Committee's winter meeting in Honolulu. Armey and Matt Kibbe, leaders of the group FreedomWorks, recently wrote in a Wall Street Journal editorial that 'defense spending should not be exempt from scrutiny.' On Gates' proposed savings of $145 billion... 

A drastic plan to slash California’s budget could mean closing down 220 state parks, including scenic attractions that draw millions of visitors. Parks on the list include Lake Tahoe’s Emerald Bay, Will Rogers’ Southern California ranch and Humboldt Redwoods State Park, which boasts the world’s tallest tree. The Governor’s Mansion...