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Monday, 13 April 2015

Labour say £21bn blackhole in Tory spending pledges

The Labour party say that with their manifesto launch today that it has shown every promise is fully funded. They say the challenge now for the Tories is to show where the money comes from for pledges they've recently made. Labour have released a poster which claims there is a £21bn black hole in Tory spending plans.

Labour leaflet claiming over £21bn of unfunded spending pledges

Labour’s Deputy Leader, Harriet Harman, speaking ahead of the Conservative Party manifesto launch said: "Labour has shown how every promise in our manifesto is fully funded and paid for with no additional borrowing. The challenge for the Tories is to show where the money comes from for the over £20 billion of unfunded and unbelievable promises they have made so far. At the last election the Tories promised to protect the NHS and improve living standards, but since 2010 wages are down £1,600 a year and our NHS has gone backwards."

"Now the Tories are making panicky promises with absolutely no idea how they will pay for them. At the same time they have an extreme plan to double the pace of spending cuts next year. It’s now clear that to make their sums add up the Tories will end up breaking their promises – raising VAT again and putting our NHS at risk." Ms Harman added.

back of the Labour leaflet which quotes David Cameron criticising unfunded spending pledges