Sentences with phrase «emphasis on deficit reduction»

On the central economic issues, the Conservatives have secured their red - line commitment to cut # 6bn from public spending this year, as well as a greater emphasis on deficit reduction through spending cuts, as opposed to tax rises.

Osborne had always thought that the divisions in the Labour party, in which Blairites felt that Balls was failing to place enough emphasis on deficit reduction, was a great strength for the coalition.