Liberal Vision

+++Stop Press+++ Lib Dem 2015 manifesto to cut spending by an additional £30bn

A remarkably brave and honest performance by Chief Secretary to the Treasury, Danny Alexander on Newsnight, mere moments ago.

Given the disappointing deficit reduction figures to date, the next government will have to make additional savings of around £30bn to get the public finances back into balance.

Danny made it unambiguously clear that a commitment to find these savings will be in the next manifesto.

Even Paxo was surprised about his frankness and unambiguous clarity.

A top performance.

And at least we also know the task for LibDem conference for the next couple of years. And at least it’s a clear challenge, which should help us avoid any danger of descending into an irresponsible “whinge fest”.

So, where would we start in finding those additional savings?

*UPDATE* – You can view the interview here.