PM on his proposal: You have to balance expenses, income

July 25, 2012 14:21

Responding to criticism of his economic proposal to make budget cuts and raise taxes to balance deficits, Prime Minister Binyamin Netanyahu said on Wednesday that "national economic management is like managing a household - you have to balance expenses and income."

He added that "you can't spend [money] on everything, you have to choose" specific priorities for spending and bypass issues you can't afford.

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