NEWS: Cuts and expenditure viewed as one make sense of the Budget
By now you will all have your own views of the Budget. Does it tighten
the fiscal screw, as Chancellor Kenneth Clarke claims, or does his plan
to recover pounds 7 billion by closing tax loopholes and making a dead
set at fraudsters and smugglers represent a black hole in his
calculations? Has he blown the next election or laid the foundations
for a fifth Tory victory?