PM Liz Truss says at PMQs she “absolutely” will stick to her pledge that she won’t cut public spending
Their exchange at PMQs comes after Chancellor Kwasi Kwarteng was told by the IMF he will have to find spending cuts of more than £60 billion if he is to meet his target to get the public finances back under control.
Sir Keir asked her at PMQs today: "During her leadership contest the Prime Minister said, I quote her exactly, 'I'm very clear, I'm not planning public spending reductions'. Is she going to stick to that?" Ms Truss replied: "Absolutely. Look, Mr Speaker, we're spending almost £1 trillion on public spending. We were spending £700 billion back in 2010. What we will make sure is that over the medium-term the debt is falling. We will do that, not by cutting public spending, but by making sure we spend public money well.
"And talks about our spending, which he doesn't seem to support, on the energy price guarantee. But the reality is he can't criticise us on one hand for spending money and on the other claiming we're cutting public expenditure." Sir Keir said to Tory MPs: "They can cheer. I hope they listened very, very carefully to that last answer because other people will have listened very, very carefully to it."
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