Truss tax plans accused of breaking spending rules
Tax cut plans mean higher borrowing or lower public spending, or both, says the Institute for Fiscal Studies. …
“That’s a clear difference in direction at least in the immediate term,” says Robert Joyce, deputy director of the Institute for Fiscal Studies think-tank. “What we have yet to hear so much about is the implications of that for what she would do to spending, and her strategy for managing the public finances going forward.”
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