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>> FISCAL POLICY Latest News

SEP 22, 2014 - Business Insider

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Here Are The Impossible Cuts The Next UK Government Will Be Forced To Make

Britain's major parties are beginning to set out their visions for the future ahead of the country's General Election next year. Within all the areas of disagreement, one surprising area of profound political consensus has emerged — accepting the need to balance the budget. The Office for Budget Responsibility — respected on both sides of the aisle — estimates that ...

Tags: Here Are The Impossible Cuts The Next UK Government Will Be Forced To Make,  Fiscal Policy Latest News

SEP 22, 2014 - The Nation

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Their Brand Is Crisis: For Austerity Hawks, Good News Must Still Be Bad News

Alan Simpson (left) and Erskine Bowles. (REUTERS/Kevin Lamarque) Click here to jump directly to Reed Richardson. My new Nation column is called “Bloomberg Beyond the Billions.” It’s about the mayor and the mogul. Alter-reviews: The Eagles (with JD & The Straight Shot) at Madison Square Garden Steely Dan at the Capitol Theatre in Port Chester The Tedeschi Trucks Band at ...

Tags: Their Brand Is Crisis: For Austerity Hawks, Good News Must Still Be Bad News,  Fiscal Policy Latest News

SEP 22, 2014 - New Statesman

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Labour will not lift cap on council borrowing for housebuilding

Party continues tough fiscal stance by ruling out allowing local authorities to borrow more to build.  Ed Balls and Rachel Reeves visit a social housing project in 2012. Photograph: Getty Images. As I reported earlier, Ed Balls has toughened Labour's fiscal position by pledging not to fund any new policy pledges through extra borrowing. But what about allowing councils to ...

Tags: Labour will not lift cap on council borrowing for housebuilding,  Fiscal Policy Latest News

SEP 22, 2014 - New Statesman

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Balls binds Labour to austerity with promise of no extra borrowing

Shadow chancellor closes down Tory attack by ruling out option of borrowing for infrastructure projects.  Ed Balls leaves the venue for the Labour Party Conference. Photograph: Getty Images. All the discussion in the press room ahead of Ed Balls's speech to Labour conference was over what surprises he would spring. Last year he memorably used his address to threaten to ...

Tags: Balls binds Labour to austerity with promise of no extra borrowing,  Fiscal Policy Latest News

SEP 21, 2014 - New Statesman

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Balls looks to win back trust with pledge to cut ministers' pay

Shadow chancellor announces that ministerial salaries will cut by five per cent under Labour and then frozen.  Ed Balls plays in the annual Labour vs. journalists football match at the Labour Party conference in Manchester. Photograph: Getty Images. Ed Balls has long signalled that his priority is to convince voters that Labour can be trusted to manage the public finances, ...

Tags: Balls looks to win back trust with pledge to cut ministers' pay,  Fiscal Policy Latest News