Pantheon Macroeconomics - The Chancellor claims he can eliminate public borrowing without raising taxes. But the latest borrowing overshoot and the continual optimistic bias of the OBR's forecasts cast doubt on whether his approach will be sufficient to meet his self-imposed surplus target.

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23 Nov. 2015 If the Chancellor Wants A Budget Surplus, Taxes Will Have to Rise

By Samuel Tombs

The Chancellor claims he can eliminate public borrowing without raising taxes. But the latest borrowing overshoot and the continual optimistic bias of the OBR's forecasts cast doubt on whether his approach will be sufficient to meet his self-imposed surplus target.

Posted: 23rd Nov 2015 in 'UK Documents'

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