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21 March 2012
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Rachel Reeves

Rachel Reeves: George Osborne Should Use This Budget to Correct His Mistakes

Shadow Chief Secretary to the Treasury and MP for Leeds West

Ed Miliband, Ed Balls and I have set two tests for George Osborne's budget today. First, will it get our economy moving - delivering the jobs and growth we need to get the deficit down? And second, will it be fair to families on low and middle incomes now bearing the heaviest burden of Osborne's spending cuts and tax rises? We need a plan for jobs and growth because the Chancellor's decision to cut too far and too fast has backfired. The government's complacency about the ability of the private sector to fill the gaping void left by public sector cuts has meant a flatlining economy and opportunities for recovery squandered.

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