Labour’s National Policy Forum has agreed a policy programme that is radical and credible

The National Policy Forum has this weekend agreed a policy programme that is radical and credible and based on big reform, not big spending.

The Labour Party knows that this Conservative-led government’s failure to balance the books in this Parliament means we will have to make difficult decisions after the next election.

Party members have endorsed the tough fiscal position Ed Miliband and I have set out. We will match the government’s overall day-to-day spending totals for 2015/16. And we will balance the books, deliver a surplus on the current budget and get the national debt falling as soon as possible in the next Parliament.

But we will get the deficit down more fairly by reforming our economy for the long-term and reversing David Cameron’s top rate tax cut for the top one per cent of earners.

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Posted July 20th, 2014 by Ed

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