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September 2009
Article
Loosening public services squeeze requires tax rises or welfare cuts
Type: IFS Press Releases
Authors: Robert Chote, Rowena Crawford, Carl Emmerson and Gemma Tetlow

Internal Treasury projections leaked to the Conservatives imply that the rise in Whitehall spending on public services as a share of national income that we have seen under Labour to date may need to be completely reversed to fill the hole in the public finances - unless we see further tax increases or cuts in welfare payments - according to a new analysis by IFS researchers.

What would you do? Our DIY Spending Review tool allows you to set your own plans for total spending and decide how you would slice the cake.

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