Germany Government Budget Cuts

epa02190739 German Chancellor Angela Merkel ( R )  and Foreign Minister Guido Westerwelle inform the press about budget cuts in Berlin , Germany , 07 June 2010 . Germany?s cabinet finalised plans Monday to slash federal spending by 11 . 2 billion euros ( 13 . 3 billion dollars ) in 2011 . Further cuts would follow in the next three years , accumulating to 19 . 1 billion euros in 2012 , 24 . 7 billion in 201326 . 6 billion in 2014 . Merkel?s squabbling coalition only told the public in mid-May that the record cuts were likely . Federal bureaucrats are likely to lose jobsGermans may lose the right to deduct certain types of spending from their income tax .  EPA/WOLFGANG KUMM