George Osborne: Britain Will Be On 'Road To Ruin' Without Spending Cuts -- The Telegraph
Britain will be on ''the road to ruin'' without painful spending cuts and tax rises in the Budget, Chancellor George Osborne has warned.
Mr Osborne will unveil on Tuesday what is expected to be the harshest set of economic measures seen in decades in a bid to tackle the UK's record deficit.
Labour said the Government's determination to go ''further and faster'' with austerity measures was ''profoundly misguided'' and would ''crush'' the fragile recovery.
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My Comment: There are no specifics on what is going to be cut .... but the UK military must be on top of the list. I expect Tuesday to be a bad day for many in the Ministry of Defense.
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