NEWSWATCH: “Putin Won’t Tell Voters How He’ll Pay for Domestic Spending” – Bloomberg/ Evgenia Pismennaya, Andrey Biryukov, Ilya Arkhipov

Cash, Calculator, Pen

“… offering Russians the biggest increase in domestic spending in years … what [Putin] won’t be talking much about is the package of tax hikes, benefit cuts and other changes … to help pay for [it] … possible increases to the pension age and the income tax … cuts in tax breaks for staples like food … [and] co-pays for health care … currently unheard of in Russia’s state-run system ….”

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