Labour’s tough and balanced plan to cut the deficit

Ed Miliband’s deficit speech

In a speech today on the deficit Ed Miliband MP, Leader of the Labour Party, concluded by saying “I can announce our first pledge of the general election campaign:

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• We will build a strong economic foundation and balance the books.
• We will cut the deficit every year while securing the future of the NHS.
• And none of our manifesto commitments will require additional borrowing.

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These are my clear commitments to the British people.

This is now a fight for the soul of our country. It is a fight about who we want to be. And how we want to live together.

The Tory vision is clear: a country that works only for the wealthy few, with public spending back to 1930s levels and unfunded tax cuts put before the NHS.

My vision is different: a country and an economy that works for everyday people, a balanced plan to clear the deficit and secure the future of our NHS.

That is the choice I will now go out and fight for. That is the choice the country faces.”