Italy's Prime Minister $40 Billion 'Save Italy' Plan

from National Public Radio

Italy's Prime Minister Mario Monti on Monday must persuade lawmakers to pass a giant reform package aimed at reducing debt and balancing the country's budget. The $40 billion package includes hikes in taxes, cuts in pensions, an increase in the retirement age, and measures to reduce tax evasion.

Broadcast Dates

• Morning Edition, December 5, 2011