David Cameron speech on cutting the cost of politics

David Cameron speech on cutting the cost of politics; ENGLAND: London: INT David Cameron MP (Conservative Party leader) along to podium and speech SOT - Today, there is one issue that looms larger than any other in British politics: the amount of government borrowing. According to some estimates the UK Government will borrow 14 per cent of our national income next year. That is twice as much as Denis Healy borrowed in 1976 when Britain went to the IMF. So even after the government's plan apparently to half the deficit, we will still be borrowing more than Denis Healy did in 1976. Right now we are borrowing more in a month than governments used to worry about borrowing in a whole year. And the next British Government faces the largest budget deficit since the 1940s - when we had just fought a world war. It's clear that dealing with this debt crisis must be the priority for our economy and will dictate our politics for years to come / The question now is: how do we deal with this debt crisis? First, you have to be frank about the scale of the challenge and candid about what it means. That's exactly what we've been. That's why we opposed the VAT cut and warned about the scale of borrowing, when almost no-one else was concerned about those things / And unlike any previous politicians in opposition, including the Conservatives in the 1970s, we have taken the bold step of telling the British people very clearly: with a Conservative Government public spending will be cut. Not reduced in growth, not frozen - but cut. That candour is a world away from the current Labour Government / This summer, we had the extraordinary spectacle of the Prime Minister standing up in the House of Commons claiming that spending on programmes would continue to rise - even when his own Budget figures showed it would have to come down. And even now, as they slowly shift position and acknowledge that spending will need to come down, hardly anyone in the Cabinet can actually bring themselves ...
David Cameron speech on cutting the cost of politics; ENGLAND: London: INT David Cameron MP (Conservative Party leader) along to podium and speech SOT - Today, there is one issue that looms larger than any other in British politics: the amount of government borrowing. According to some estimates the UK Government will borrow 14 per cent of our national income next year. That is twice as much as Denis Healy borrowed in 1976 when Britain went to the IMF. So even after the government's plan apparently to half the deficit, we will still be borrowing more than Denis Healy did in 1976. Right now we are borrowing more in a month than governments used to worry about borrowing in a whole year. And the next British Government faces the largest budget deficit since the 1940s - when we had just fought a world war. It's clear that dealing with this debt crisis must be the priority for our economy and will dictate our politics for years to come / The question now is: how do we deal with this debt crisis? First, you have to be frank about the scale of the challenge and candid about what it means. That's exactly what we've been. That's why we opposed the VAT cut and warned about the scale of borrowing, when almost no-one else was concerned about those things / And unlike any previous politicians in opposition, including the Conservatives in the 1970s, we have taken the bold step of telling the British people very clearly: with a Conservative Government public spending will be cut. Not reduced in growth, not frozen - but cut. That candour is a world away from the current Labour Government / This summer, we had the extraordinary spectacle of the Prime Minister standing up in the House of Commons claiming that spending on programmes would continue to rise - even when his own Budget figures showed it would have to come down. And even now, as they slowly shift position and acknowledge that spending will need to come down, hardly anyone in the Cabinet can actually bring themselves ...
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Editorial #:
692554098
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ITN
Date created:
September 08, 2009
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Rights-ready
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Not released. More information
Clip length:
00:03:21:14
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576 25i
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ITN
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r08090905_0.mov