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Tories back quicker spending cuts | Tories back quicker spending cuts |
(40 minutes later) | |
Conservative leader David Cameron has said his party would "go further" than Labour in cutting the UK's £178bn budget deficit, if they win power. | |
The government has pledged to halve Britain's deficit over four years but Mr Cameron told the BBC: "We need to make more progress more quickly." | |
He said ministers wanted to delay decisions until after the election. | |
And he unveiled plans to help set up new firms, saying Britain would trade its way out of recession. | |
The main parties have clashed on tax and spending as they seek to set the agenda in the build-up to the general election - widely expected to be held in May. | |
'Not enough' | |
The government has introduced a Fiscal Responsibility Bill in Parliament aimed at halving the deficit in four years - something the Conservatives have labelled a "feeble stunt". | |
Asked if he would do more than halve the deficit in four years, Mr Cameron told BBC One's Andrew Marr programme: "We think you have to go further than what the government say, you have to start earlier." | |
He said economists agreed with his party that reducing the deficit - the gap between what the government is spending and its income from tax - was "not an alternative to a growing economy, it's part of getting the economy to grow". | |
We will not make a pledge to get rid of that National Insurance contribution increase until we can find a way of paying for it David Cameron Darling in tough spending cut vow | |
But he accepted that spending cuts the Conservatives have already committed to do are "not enough" to balance the books. | |
And he admitted that while he thought the government's planned 0.5% National Insurance rise from 2011 was the wrong approach - he could not yet commit not to bring it in, if he won power. | |
"We will not make a pledge to get rid of that National Insurance contribution increase until we can find a way of paying for it," he said. | |
He also outlined measures to help new business start-ups adding: "We are going to get out of this recession by trading our way out, by business deciding to employ people to create wealth, to go after new markets, to export." | |
He said it was wrong to believe public spending would pull Britain out of a recession - the government says Tory plans to begin cutting the deficit earlier risked deepening the recession. | |
On Saturday, Chancellor Alistair Darling warned that the next spending review would be the "toughest we have had for 20 years". | On Saturday, Chancellor Alistair Darling warned that the next spending review would be the "toughest we have had for 20 years". |
In December's pre-Budget report, Labour announced belt-tightening measures including a 1% cap on public sector pay rises and an increase in National Insurance from 2011. |