Susana Vera / Reuters

Spanish Economy Minister Elena Salgado (C) blows a kiss after voting to pass the 2011 budget in Madrid, Dec. 21, 2010. Spain's Parliament on Tuesday formally approved the government budget for 2011, which is designed to cut the deficit by more than three percentage points and convince debt markets its public finances are sustainable.

Spain passes austerity budget

I don't think you'll ever catch U.S. Treasury Secretary Timothy Geithner doing this. Of course, you probably won't catch Congress passing an austerity budget, as Spain did today.

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