Next Israeli gov't will face tough fiscal choices
The 2013 budget will be a tough one, filled with unpleasant tax hikes and spending cuts, but the next government stands a good chance of approving it because the cabinet of freshly minted minsters will have every reason to avoid calling new elections.
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One of the first things the next government will have to do is win Knesset approval for a 2013 budget. Under the law it has 45 days to do that or it will be forced to call yet another round of new elections.