So much for SDSR and balancing the budget..
Yesterday, a senior Government source said that Prime Minister David Cameron did not “resile” from comments in 2010, when he said that defence spending would rise after 2015.
Responding to a report in The Daily Telegraph, that the comment meant defence spending was protected in the next 2015/16 spending round, the Prime Minister’s spokesman insisted his comments had been misinterpreted.
The very premise of deficit reduction is not ring-fencing or promising expensive areas of expenditure.
The Prime Minister wants to have above inflation defence spending (post-2015), whilst the budget has a overall -8% deficit and national debate of £1 trillion. Yet again, the state cannot live within it means. Oh dear…