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Britain proposes drastic budget cuts to combat deficit

Chancellor of the Exchequer George Osborne's plan to cut half a million jobs and slice welfare benefits was met with demonstrations across London.

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Britain discloses plan to overhaul welfare system
Article | LONDON - The new Conservative-led government Thursday unveiled the biggest overhaul to Britain's welfare system since World War II, moving to reduce and consolidate assistance programs and weed out benefit cheats as part of its broader effort to dramatically slash government spending.

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