Daniel Hannan (@danieljhannan) 's Twitter Profile
Daniel Hannan

@danieljhannan

Whig peer

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linkhttps://danielhannan.info calendar_today28-10-2009 11:18:28

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Daniel Hannan (@danieljhannan) 's Twitter Profile Photo
Daniel Hannan
@danieljhannan

5 days ago

No, the balance is not right. Taxes are at a 70-year high. We are borrowing £150 billion a year, of which £110 billion is simply to pay interest on past borrowing (you read that right). To get back to Blair-era spending levels, we need to cut total expenditure by around 35%.

No, the balance is not right. Taxes are at a 70-year high. We are borrowing £150 billion a year, of which £110 billion is simply to pay interest on past borrowing (you read that right). To get back to Blair-era spending levels, we need to cut total expenditure by around 35%.