Reality Check on Cuts

As Labour begins to scream hysterically about the planned £6 billion reduction in over-spending which will be made in Osborne-Law’s Emergency Budget, it falls to Guido to remind readers again that £6 billion is less than 1% of government spending and is equal to a mere two weeks of government borrowing.  This graph (first seen here) shows the difference in Labour and Tory coalition spending plans:

It doesn’t even begin to tackle the government’s indebtedness…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Via the FT’s Jim Pickard: Seumas Milne’s idea for Labour election catchphrase:

“The Tories are the real extremists.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

Tories Mistakenly Share Private Conference Call PIN with Opposition Tories Mistakenly Share Private Conference Call PIN with Opposition
Len and Seamus’s Champaign Celebration Len and Seamus’s Champaign Celebration
Campaign Report: 48 Days To Go Campaign Report: 48 Days To Go
Updates: Who’s Standing? Who’s Standing Down? Updates: Who’s Standing? Who’s Standing Down?
Campaign Report: 49 Days to Go Campaign Report: 49 Days to Go
Listen: Dawn Butler Car Crash Interview Listen: Dawn Butler Car Crash Interview
Manifesto Lookahead: Six Tory Policies in Peril Manifesto Lookahead: Six Tory Policies in Peril
McVey for Upminster? McVey for Upminster?
Watch: Corbyn Crowd Boos and Shouts Down ITV Question Watch: Corbyn Crowd Boos and Shouts Down ITV Question
Coalition of the Others Still Behind Tories Coalition of the Others Still Behind Tories
NEC Swerves Corbyn Loyalty Pledge NEC Swerves Corbyn Loyalty Pledge
Watch: Barry Gardiner Loses It on Sky News Watch: Barry Gardiner Loses It on Sky News
CCHQ Caught on Hop: Not Enough Tory Candidates CCHQ Caught on Hop: Not Enough Tory Candidates
Campaign Report – 50 Days to Go Campaign Report – 50 Days to Go
PMQs Sketch PMQs Sketch
Osborne Quits as MP Osborne Quits as MP
Will Tories Drop MOAB on Corbyn? Will Tories Drop MOAB on Corbyn?
Corbyn Getting Beers in Early Corbyn Getting Beers in Early
Labour Staff Told: No Slogan, No Key Seats List, No Budget Labour Staff Told: No Slogan, No Key Seats List, No Budget
BREAKING: May Calls Snap Election BREAKING: May Calls Snap Election