U.K. Sticks to Budget Cuts as Coalition Eyes Speedier Investment

U.K. Prime Minister David Cameron said his government will continue with its deficit-cutting plans amid calls from opposition lawmakers for a rethink as the economy struggles to recover from a double-dip recession.

Millionaire surtax: The go-to tax

NEW YORK (CNNMoney) -- Democrats say imposing a millionaire surtax to help pay for the cost of extending the payroll tax cut is only fair. Republicans say it would be a job-killer.