article_snippet.sent: Taxes will be £12billion a year higher under Labour than the Tories, independent experts warned yesterday – equal to £1,052 for every working household.
article_snippet.sent: Institute for Fiscal Studies Fiscal Studies said Ed Miliband's 'vague' promise to balance the books would allow Labour to borrow £90billion more than the Tories by 2020.
article_snippet.sent: This would rise to £280billion in extra debt by the end of the next decade if Labour remained in power.
article_snippet.sent: Institute for Fiscal Studies Fiscal Studies said Ed Miliband's 'vague' promise to balance the books would allow Labour to borrow £90billion more than the Tories by 2020
article_snippet.sent: and this would rise to £280b in extra debt by the  next decade .
article_snippet.sent: Health Secretary Jeremy Hunt has promised to balance day-to-day government spending by 2020 – leaving Labour free to continue borrowing around £30billion a year for 'investment'.
article_snippet.sent: By contrast, the Conservatives want to clear the deficit in three years and start paying off Britain's £1.5trillion debt mountain.
article_snippet.sent: Chancellor George Osborne said: 'Saving money means taking the difficult decisions so we reduce we debt and keep we economy out of crisis and on an even keel.'
highlights_snippet.sent: Institute for Fiscal Studies says taxes will be £12b higher under Labour .
  