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BANFFSHIRE and BUCHAN COAST Liberal DemocratsBanffshire and Buchan Coast Liberal Democrats working for you all year round |
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Government closing its eyes and hoping deficit sorts itself out - Cable
June 29, 2009 2:03 PM
Originally published by Scottish Liberal Democrats
Originally published by Scottish Liberal Democrats
Commenting on the OECD report calling for the Government to be 'more explicit' about the spending cuts and tax rises needed to address the UK's soaring deficit, Liberal Democrat Shadow Chancellor, Vince Cable said: "The Government cannot simply close its eyes and hope that the budget deficit will sort itself out.
"The truth is that this recession will create a legacy of public sector debt which must be addressed honestly.Vince Cable MPVince Cable MP
"We must make the tough decisions about what Government can and cannot afford to do in the upcoming years."
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