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Budget 2010: where do you think the cuts should fall?

The coalition government is in book-balancing mode and has set itself a broad goal of eliminating the structural deficit over the next parliament. To do that – which means wiping out the part of government borrowing that does not fall when tax revenues rise over the next five years – would require £50bn in policy tightening from new chancellor George Osborne. Former chancellor Alistair Darling, however, believes the figure would be double that. If you think you could make it all add up, why not have a go at our budget balancer. We will publish the results before Tuesday's budget. Note: our estimates on yields and costs are rough calculations based on figures from the Treasury and tax experts at Ernst & Young , Deloitte , the Institute for Fiscal Studies and business groups. Loading...

Source: The Guardian ↗

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