See http://www.bbc.co.uk/news/uk-politics-31790067 .
Ed Balls is claiming that, if the Conservatives get back into office there will be very large cuts in public spending. I have no idea if this is correct or not. What is clear is that further drastic cuts are probably needed whatever the flavour of government. As a nation we have to live within our means. No ifs, no buts.
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