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…


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Quote of the Day

Tobias Ellwood tells LBC…

“So Jeremy Corbyn will meet with Hamas, Hezbollah and the IRA with no preconditions, but won’t meet the British Prime Minister without her agreeing to his precondition.”

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