Today, Gordon Brown delivered his tenth budget as Chancellor of the Exchequer. But with more and more people feeling let down by New Labour, the Liberal Democrats are asking where all the money has gone over the years Labour has been in power.
'Taxes and red tape have increased year on year but now hospitals are announcing cuts in nursing staff as they slip into debt. At the same time, businesses are having to spend more and more time on bureaucracy,' says Blaydon Lib Dem Jonathan Wallace.
"Unlike Labour and the Tories, the Liberal Democrat team in Parliament has won a reputation for putting honest choices before spin.
"The Lib Dems took the lead in exposing the tax credit fiasco and we are demanding urgent action to tackle the growing personal debt crisis. At the same time we are calling on the Government to deal with the major threats of climate change by taking effective action to protect our environment.
"The contrast between the principled approach of the Liberal Democrats under Sir Menzies Campbell and the Conservatives could not be greater. The Tories hope that by copying New Labour spin, we will all forget what a mess they made of running the economy the last time they were in power.
"Liberal Democrats want an economy that is stable and well managed and based on fairer, not higher, taxes and honest choices."
More information about Liberal Democrat policies on the economy and our response to the Budget can be found at www.libdems.org.uk/economy
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