26 Nov 15 – Spending Review – The Truth

Council tax increase of 22% by 2020
Fuel Duty rises every year for the rest of this parliament starting next year
Police budgets protected but already 15% cuts – 17,000 police officers gone
12 Billion tax raid on Businesses
35 Billion wasted – debt interest – more than defence and education budgets
70 Billion budget deficit
Foreign aid spending increasing again 12 billion to 16 billion
Home office budget stands still while foreign aid increases
Public spending massively increased
09/10 – 670 billion Inherited from Labour
14/15 – 756 increase of 86 billion
19/20 – 821 increase of 65 billion
National debt doubled in 5 years now stands at 1.6 trillion
Debt to GDP Ratio 88.5% of the economy
More Borrowing
2010/2015 – 800 billion
2015/2020 – 152.8 billion (15/16 – 73.5 bill, 16/17 – 49.9 bill, 17/18 – 24.8 bill, 18/19 – 46 bill
2010 to 2020 – 952 billion borrowed
Tax credit cuts ditched but only after pressure from every direction

This Government just as useless as the Blair and Brown government – Tax, Borrow and spend.

A Useless Government with the wrong priorities!

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