[guide.chat] cut backs labour will be ruthless

From: vanessa <qwerty1234567a@xxxxxxxxx>
To: "GUIDE CHAT" <guide.chat@xxxxxxxxxxxxx>
Date: Fri, 28 Sep 2012 09:56:14 +0100
Labour will be 'ruthless' about cutting public spending, admits Ed Balls
Ed Balls, the shadow Chancellor, has backed the need for austerity, admitting 
that Labour will be 'ruthless' about cutting public spending beyond 2015.

Shadow Chancellor Ed Balls Photo: CLARA MOLDEN
By Rowena Mason, Political Correspondent9:15AM BST 28 Sep 2012
Labour will be "ruthless" about cutting public spending if it wins the next 
election, Ed Balls, the shadow Chancellor, has said.
Despite criticising the Coalition for cutting too far and fast, Mr Balls said 
he would examine and question every line of expenditure.
Mr Balls' pledge comes after Nick Clegg, the Lib Dem leader, threw his weight 
behind "further belt-tightening" beyond the next election. This means all three 
parties have admitted the need for some degree of austerity beyond 2015.
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"The public want to know that we are going to be ruthless and disciplined in 
how we go about public spending," Mr Balls said in a newspaper interview.
"For a Labour government in 2015, it is quite right, and the public I think 
would expect this, to have a proper zero-based spending review where we say we 
have to justify every penny and make sure we are spending in the right way."
In a dig at David Cameron, he said not even the £12 billion foreign aid budget 
would be exempt from scrutiny. The Prime Minister has been criticised by 
backbenchers for letting hundreds of millions of pounds in overseas aid go to 
consultancies.
The shadow chancellor said there would some commitments on spending and 
taxation in the party's manifesto but it would be more difficult to make 
decisions set in stone.
Mr Balls' language is likely to antagonise the unions and has already put him 
slightly at odds with Harriet Harman, the deputy Labour leader.
She told The Spectator that Labour would not be "signing up" to the kind of 
spending cuts seen in the Coalition.
"Our argument against the Tories is that the scale and pace of their deficit 
reduction is self-defeating and hurting the economy and therefore making less 
money available," she said. "So we have got a fundamental economic critique ? 
we would not be signing up to doing the very thing we think is hurting the 
economy."


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[guide.chat] cut backs labour will be ruthless

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