The Chancellor has made it clear the axe will fall across a wide range of government departments.
ITV News Tyne Tees correspondent, Gregg Easteal, has been looking at more of the detail in George Osbourne's plans:
As the Chancellor announced that councils will be hit the hardest, we went to Wearside to see how people are coping with the cuts.
Find out if you are among the people whose personal finances will be directly affected by George Osborne's Spending Review.
The cuts would have been less painful had the coalition not ring-fenced some large departments. So where does that leave everybody else?