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The cap should be inflation-proofed, to focus on real terms trends in spending.
Attendees at the summit are now being shown some information in a slide show on real terms spending and statistics across the UK by the health secretary.
He said the party had delivered on real terms council tax cuts, new apprenticeships and economic regeneration schemes, adding that these were "things where people can trust the record of action of the Lib Dems locally and our promise of more".
Also, in a play on real terms like "double DES", the terms "double ROT13", "ROT26", or "2ROT13" crop up with humorous intent, including a spoof academic paper "On the 2ROT13 Encryption Algorithm".
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This comes on top of a year-on-year real terms reduction in public health budgets.
"Labour should amend the article 50 bill to give the British people the final say on the real terms of Brexit.
In science, his chief aim will be to hold together the research base which has been creaking under the weight of having to shoulder year on year real terms cuts.
And thirdly, 4% year-on-year real term funding cuts have forced the NHS to deliver more activity, at a higher quality, for less.
There are two main reasons why the NHS is going to find it difficult to cope with belt-tightening: demand for services will continue to rise in line with our expectations and an ageing population; and it has got used to significant year-on-year real term increases.
But they have jumped seven-fold on average in real terms since his demise.
In July, German retail sales dropped by 1.4% month on month in real terms.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com