US & Europe unleash massive public spending cuts to keep funding Ukraine

What would you call a political system where people of a state elect officials to represent interests of another state? <br> <br>As France continues to stand with Ukraine, the French government is looking to bring its mounting national debt down by taking a more stringent approach to what it spends on the French public. The country’s Finance Minister proposed ‘quite a high level of reduction of public expenditures’, with focus on the healthcare system, state support for housing and employment, and energy tax breaks. <br> <br>The immediate step is to withdraw energy support for businesses and households —  gas price cap ends this month, while the equivalent measure for electricity will be phased out by the end of 2024. Other cuts include: spending on sick leave;  medical prescriptions, which amounts to around €450 a year per patient;  zero-rate home loans financed by the state;  popular tax breaks for rental housing investment known as the 2014 Pinel law;  programmes that subsidize professional training and wages of young workers. <br> <br>Political masochism — maybe, but France is not the only one deviating; the US, the UK, Italy, Germany and many others have been enjoying it too. <br> <br>-------------------------------------------------------------------------------------------------- <br> <br>Freedom over censorship, truth over narrative. <br>Follow us on Facebook: https://www.facebook.com/RTnews <br>Follow us on Telegram: t.me/rtnews <br>Follow us on Twitter: https://twitter.com/RT_com