David Cameron has suggested that further public spending savings could be used to fund tax cuts.

"Every efficiency" found could help to provide a "bit of extra cash" for households, he said in a speech.

He also argued that spending cuts were part of an attempt to change the UK's "values" by making the country less reliant on debt.

He also argued that spending cuts were part of an attempt to change the UK's "values" by making the country less reliant on debt.

To be honest I think that's the important part. Once we eliminate the deficit we can start looking at spending increases in line with increases in GDP.
I'm not convinced tax cuts are the best option at the moment.

But not more than they would have had they stayed in power. Nor have they cut spending much less than Labour would have.

To be honest I think that's the important part. Once we eliminate the deficit we can start looking at spending increases in line with increases in GDP.
I'm not convinced tax cuts are the best option at the moment.

They did plan to invest though, rather than just cut everything to the bone, realise it isn't working (whilst claiming it's all going to plan) and then borrow money to make up for the shortfall created by stifling growth.