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Emergency budget and an independent Office for Budget Responsibility

We will set out a plan for deficit reduction in an emergency budget. We have created an independent Office for Budget Responsibility to make new forecasts of growth and borrowing for this emergency budget.

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The Coalition: Our programme for government
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Economics
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9. Deficit Reduction
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Emergency budget and an independent Office for Budget Responsibility
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Office of Budget Responsibility Bill
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A full Spending Review reporting this autumn
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Accelerate the reduction of the structural deficit
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Cuts of £6 billion to non-front-line services in 2010/11
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Deficit reduction is the most urgent issue facing Britain
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Protect jobs by stopping the proposed jobs tax
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Protect those on low incomes from public sector pay constraint
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Reduce spending on the Child Trust Fund for higher earners
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Reduce the number and cost of quangos
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Strong financial discipline at all levels of government
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