The specific cuts, under study for months, are expected to be made public in the next few weeks.

One in five have been told to expect cuts of over 30%.

The cuts are expected to come mostly from social service programs.

Nor did the company expect large cuts in its work force of more than 74,000.

Those cuts are expected to reduce costs by $1.27 billion.

A cut in Japan's basic interest rate is expected to be announced today.

Other cuts in domestic spending are expected to total about $2.6 billion.

Moreover, they said, no further cuts are expected for some time.

Whatever the outcome of the debate in Washington, further cuts are expected.

About half the job cuts are expected in Hartford, where the new company will be based.