A lower cutter for a compact printer and a cutting device including the lower cutter for preventing a jam phenomenon of a paper and reducing production cost are disclosed. The cutting device includes a hinge plate attached to an upper surface of the lower cutter, a plurality of biasing elements disposed under the lower cutter for affording biasing force to the lower cutter, a base member for allowing the biasing elements to be seated thereon and the hinge plate to be hingedly coupled thereto, a carriage for rotatably supporting the upper cutter partially overlapped on the lower cutter and for laterally moving the upper cutter, and an upper case and a lower case for housing driving means for the carriage and the upper cutter.
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