LABOUR accused George Osborne of being a "downgraded Chancellor" who had been forced to admit his own economic failures yesterday.
LABOUR accused George Osborne of being a \"downgraded Chancellor\" who had been forced to admit his own economic failures yesterday.
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Kate Devlin UK Political Correspondent
Ed Miliband rounded on Mr Osborne after the Conservative minister announced that independent forecasts of how much the economy would grow this year had been slashed in half.
The Labour leader told MPs this Budget was the Chancellor's fourth, but that every statement had one thing in common. "Every Budget he comes to this House and things are worse, not better for this country," he said, challenging the Chancellor: "You should be telling us just one more year of sacrifice. In 12 months, the good times will roll, job done, mission accomplished, election plan under way. But, three years on, what does he say? Exactly what he said three years ago. We still need four more years of pain, tax rises and spending cuts. In other words, after all the misery, all the harsh medicine, all the suffering by the British people, three years, no progress, deal broken. Same old Tories."
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