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Wed 11 Nov 2007Cabinet to postpone expected cuts to tax and PRSIThe Cabinet, which is to hold a special budget meeting next Sunday, is to put off plans to cut income tax and social insurance charges as it struggles to rein in State spending next year.Just four weeks away from the 2008 Budget and intent on keeping day-to-day State spending increases down to 8-9 per cent, Minister for Finance Brian Cowen has taken a tough stand with Cabinet colleagues at recent one-to-one talks.