Tuesday, 27 April 2010

IFS attacks ALL parties for failing to 'come clean' over massive scale of spending cuts

Daily Mail
# No party is 'anywhere close' to outlining cuts
# Labour has said least about where axe would fall
# Government blamed for not holding spending review
# Tory cuts would be worse since Second World War
# Lib Dem plans 'misguided' and 'highly speculative'

"IFS director Robert Chote said all three parties were ‘particularly vague’ about the public spending cuts required.He added: ‘Repairing the public finances will be the defining task of the next government. For voters to make an informed choice, parties need to set out clearly how they would go about it. Unfortunately they have not.‘The blame for this lies primarily with the current Government’s refusal to conduct a spending review before the election. It claims that it cannot do this until the autumn, because the outlook for the public finances is uncertain.But uncertainty is a fact of fiscal life - any responsible government would face up to it and seek to reduce it, not use it as something to hide behind.’

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