article_snippet: But the party's election strategy was in peril tonight after a senior campaign chief admitted that under Labour plans, borrowing would rise.
article_snippet: But today Labour was accused of 'letting the cat out of the bag' on plans to increase state borrowing.
article_snippet: Election campaign vice-chairwoman Lucy Powell said the party 'may use some investment borrowing'.
article_snippet: Labour has promised only to eliminate the current deficit on day-to-day spending by the end of the next Parliament, leaving open the option of borrowing money to invest in capital projects.
article_snippet: The Institute for Fiscal Studies says Labour's plans allowed Labour's plans to maintain an overall deficit as high as £30 billion by 2020 - at a time when the Tories aim to be running a surplus of £7 billion.'
article_snippet: Election campaign vice-chairwoman Lucy Powell later insisted Election campaign vice-chairwoman Lucy Powell did not recognise the £30 billion figure, telling the BBC's Sunday Politics: 'We are going to balance the books for current expenditure by the end of the next Parliament.
article_snippet: We may use some investment borrowing for much-needed investment but not for day-to-day spending. '
article_snippet: Conservative Treasury minister Priti Patel said: 'The cat's out of
article_snippet: the bag - Labour have finally had The cat dragged out of the bag - Labour that the bag - Labour'd borrow more if Ed Miliband gets into Downing Street.'