http://nma.tv | http://www.nma.com.tw Queen Elizabeth II of Britain is facing cutbacks as the government tries to tighten its budget to cut its massive budget deficit. The Queen will hold off on plugging leaks in Buckingham palace and has already announced a salary freeze for many staff. Funding the Queen cost around $56 million in government funds last year, but she also spent a lot of money from her own cash reserves, according to reports.