Brexit threat: $43 billion in tax hikes and budget cuts
June 15, 2016 at 11:04 AM EDT
George Osborne, head of the U.K. Treasury, said he expects he'll have to hike taxes and cut spending to compensate for a shortfall of up to £30 billion ($42.6 billion) per year in the event of a Brexit. Sponsored: Drivers With No Tickets In 3 Years Read This Do NOT pay your next car insurance bill until you try this.