Not exact matches
Instead
of a rush to
balance the
budget, he assumed the government
aimed to cover all its expenses with the exception
of interest payments, or a «structural
balance.»
This will be accomplished with a further # 30 billion
of spending cuts with the
aim of generating a
balanced budget by 2017 - 2018 and a surplus in 2018 - 2019.
Osborne has gone a step further than the Liberal Democrats and Labour by swapping his
aim of a current
budget surplus, which excludes investment spending, to an overall
budget balance.