article_snippet: Independent economists such as Soumaya Keynes (pictured) have urged both the Tories and Labour to be more straightforward about spending plans .
article_snippet: Independent economists have urged both the Tories and Labour to be more straightforward with voters about both the Tories and Labour post-election tax and spending plans.
article_snippet: Researchers from the Institute for Fiscal Studies (IFS) also said that Labour’s ideas to deal with Britain
article_snippet: ’s deficit were ‘less explicit’ than Both parties, and could see Ed Miliband rack up tens of billions a year in borrowing.
article_snippet: (IFS) director Paul Johnson criticised both the major parties over the major parties over their lack of clarity lack of clarity ahead of May’s general election.
article_snippet: However even those measures would fall well short of the £12billion Mr Osborne needs to find.
article_snippet: Yesterday IFS economist Soumaya Keynes also warned that Labour’s rules were so loose that the party could end austerity next year and open the public spending tap again.
article_snippet: She claimed that Labour could increase real-term spending by more than £9billion a year by 2020, compared to Tory plans to lower it by £14billion by that point.
article_snippet: Labour has promised that Labour will balance day-to-day spending at some point during the next Parliament, but has not yet specified when that will be.
article_snippet: And unlike the Conservatives, the party has not committed to balancing all government spending – leaving the party free to borrow tens of billions for ‘investment’.
article_snippet: This means that under Labour, Britain’s £1.5trillion national debt could continue to grow indefinitely, while the Tories would begin to pay it off by the end of the next parliament – meeting David Cameron’s pledge to the Prime Ministerfix the roof while the sun shines’.
article_snippet: Yesterday the Prime Minister said it was clear that Labour would borrow, spend and tax more than the Conservatives.
highlights_snippet: £12billion .
  Economists added that Labour's plans to cut the deficit were 'less explicit'
  
highlights_snippet: Both parties criticised over Both parties lack of clarity ahead of general election .