Schools and Hospitals protected in government spending round
Like almost every other country, Britain is going through tough times and whoever was in government now would be having to make tough decisions.
The coalition government today announced a new round of spending decisions. The country does not have enough money to be able to afford everything we would like and I don't think there will be anyone who isn't unhappy at some of the cuts which have been announced.
But the same would be true of what any other government would have to do. I am pleased that education and health have been protected.
The Spending Round sets out how we will secure that
recovery. The choices are difficult, and there is no easy route out of a mess as
big as the one Labour created.
There will be over £300 billion in capital spending guaranteed over the next decade, while the departmental settlements announced today will reduce current spending by £11.5 billion in 2015-16.
Every decision we have taken is based on three principles: delivering reform, prioritising growth and ensuring fairness.
Through reform, we are determined to get more from every pound we spend.
To deliver growth, we are investing in education, enterprise and economic infrastructure we need so that we can win the global race. We know that Government spending alone cannot create growth. Enterprise does. We need to provide the schools, science, transport links and reliable energy that enable business to grow.
To ensure fairness, we are making sure that those with the broadest shoulders bear the greatest burden. We are also reforming welfare so that it is fair to both those who need it and those who pay for it.
The decisions we take are not easy, and we know that times are difficult.
But with today's Spending Round, we make more progress towards an economy that prospers, a state we can afford, a deficit coming down and a Britain that is on the rise.
The coalition government today announced a new round of spending decisions. The country does not have enough money to be able to afford everything we would like and I don't think there will be anyone who isn't unhappy at some of the cuts which have been announced.
But the same would be true of what any other government would have to do. I am pleased that education and health have been protected.
We came into Government to address one of the
biggest economic crises since the Second World War. While recovery from such a
deep recession is never straightforward, Britain is moving out of intensive
care - from rescue to recovery.
There will be over £300 billion in capital spending guaranteed over the next decade, while the departmental settlements announced today will reduce current spending by £11.5 billion in 2015-16.
Every decision we have taken is based on three principles: delivering reform, prioritising growth and ensuring fairness.
Through reform, we are determined to get more from every pound we spend.
To deliver growth, we are investing in education, enterprise and economic infrastructure we need so that we can win the global race. We know that Government spending alone cannot create growth. Enterprise does. We need to provide the schools, science, transport links and reliable energy that enable business to grow.
To ensure fairness, we are making sure that those with the broadest shoulders bear the greatest burden. We are also reforming welfare so that it is fair to both those who need it and those who pay for it.
The decisions we take are not easy, and we know that times are difficult.
But with today's Spending Round, we make more progress towards an economy that prospers, a state we can afford, a deficit coming down and a Britain that is on the rise.
For more information on the
measures in the Spending Round, please visit the Treasury pages on www.gov.uk.
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