Ed’s response to the IFS Post-Budget briefing

Ed Balls MP, Labour’s Shadow Chancellor, commenting on the IFS Post-Budget briefing, said:

“This is a damning verdict on George Osborne’s Budget.

“The IFS says the Chancellor’s Budget plans involve annual spending cuts after the election which are twice as deep as anything we’ve seen in the last five years.

“The Tories have said today that they won’t tell us where their welfare cuts will come from until after the election. People will conclude that to make their sums add up the Tories would do what they always do – raising VAT again and putting our NHS at risk.

“As the IFS says, this government’s changes have hit the poorest hardest of all. And even on George Osborne’s flawed measure, the Tories have left people worse off today. If the Tories want to spend the election campaign telling people they’ve never had it so good, they’re even more out of touch than I thought.

“We need Labour’s better plan which will put working families first, balance the books in a fair way and save our NHS.”

Ends

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Posted March 19th, 2015 by Ed's team