Your English writing platform
Discover LudwigExact(4)
But he faces a difficult judgment whether to accept the Tory timetable for fiscal reduction, or back a slower pace.
As Jonathan Portes, head of the National Institute of Economic & Social Research thinktank, said: "Osborne tried accelerated fiscal reduction and saw that it didn't work.
In effect, Osborne will challenge Balls to vote for or against his fiscal reduction plans next autumn, at least six months before a general election.
The U.S. downgrade will hasten demands for fiscal reduction, but America in particular should commit to look for significant cuts in the medium term, not an immediate fiscal drag that will worsen growth and deficits.
Similar(55)
Because of too much "fiscal deficit reduction".
The government's strong and credible multi-year fiscal deficit reduction plan is essential to ensure debt sustainability.
The modest growth rate of 2.2 percent in 2012 [3] reflected legacy effects from the financial crisis, fiscal deficit reduction [4], a weak external environment [5], and temporary effects of extreme weather-related events.
But even if the tax does have some marginal effect, they cannot argue that a transaction tax would cause more damage to UK society than the current two frontrunners in the fiscal deficit reduction stakes – deep spending cuts or ramped-up VAT.
Balls says Osborne is leaving Britain badly exposed after adding an extra £40bn to cuts identified in Labour's £73bn fiscal deficit reduction plans in June's budget: "As the second storm looms … everything he is doing is designed to suck money out of the economy and cut public investment, while his tax rises and benefit cuts will directly hit household finances at the worst possible time.
THE economy has slowed to a crawl, unemployment is rising and George Osborne's fiscal-deficit reduction plan is two years behind schedule, as he admitted in his bleak autumn statement on November 29th.
It would be a government unable to do anything beyond its core mission of fiscal-deficit reduction.We'll always have austerityDuring much of its time in power, the coalition has looked likelier to last for ten years than to break down before its scheduled tenure of five.
More suggestions(3)
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com