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Lib Dem sums still don't add up - Primarolo

Labour remain the only party trusted on the economy

Dawn Primarolo MP, Labour's Paymaster General, responding to 'new' Liberal Democrat tax plans announced today, said:

"The Lib Dems can continue to announce tax plans but once again their sums still don't add up. They are still committed to massive spending commitments which they can't pay for, especially if they now want to cut income tax. The truth is they can't afford their tax cuts or their spending commitments, and their promises on both fronts are just pipe dreams".

"We are now in the extraordinary situation where the Tories are promising 'dramatic' spending cuts but no reduction in tax, the Liberals are promising tax cuts and spending increases, and only Labour is guaranteeing to maintain a stable economy and sound public finances, and continued investment in our front-line public services. As long as the Tories and Liberals continue to make promises they can't keep, and reverse their policies from one day to the next, Labour will remain the only party trusted on the economy".

[11 August 2006]

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