During Prime Minister’s Questions today, Stephen challenged the Prime Minister on the his failure to eliminate the deficit in the current parliament. He asked: “The Prime Minister said that his policies would eradicate the deficit in this Parliament. Unfortunately, he was mistaken—a very large deficit remains. What is the reason, in his view, why his economic plan has fallen so far short?” David Cameron was unable to directly answer the question on why.
Despite the coalition government’s promises when they came to power in 2010 that they would be able to eradicate the deficit in this Parliament, projections by the OBR estimate the deficit to be around £91.3bn in 2014-15.
Speaking after Prime Minister’s Questions Stephen commented “It was disappointing that the Prime Minister failed to answer this rather straight forward question. He has simply failed to acknowledge once again that this Tory led Government has fallen short on the promises that they made to the British public in 2010.
"The fact of the matter is that the country still faces a significant deficit. If elected, a Labour government will work tirelessly to ensure that it is reduced in a fair and effective manner which will protect the most vulnerable in our society.”