Labour made an incredible £21 billion of unfunded spending commitments over the summer, new analysis has revealed.
In a series of speeches, Labour Ministers made a host of promises - such as more spending on benefits - which would cost hardworking taxpayers £21 billion.
In return, they only set out £105 million worth of savings to pay for them.
Labour simply haven’t learnt their lesson.
After taking Britain’s economy to the brink and opposing every spending reduction we’ve made, they spent the summer racking up billions of pounds more in spending promises.
With eight months to go until the next election, it’s becoming increasingly clear that all Ed Miliband offers is the exactly what got Britain into a mess in the first place: more borrowing, higher taxes and more debt than our children could ever hope to repay.