This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.
You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/uk_politics/7878148.stm
The article has changed 3 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| Lib Dems to unveil spending plans | Lib Dems to unveil spending plans |
| (about 7 hours later) | |
| Liberal Democrat leader Nick Clegg is to set out how his party would pay for its childcare and education policies. | |
| The party is expected to find funds to scrap student tuition fees and improve childcare by trimming £7bn from government spending in other areas. | The party is expected to find funds to scrap student tuition fees and improve childcare by trimming £7bn from government spending in other areas. |
| Mr Clegg will say a Liberal Democrat government would make £3bn of savings by removing tax credits from some better-off families. | Mr Clegg will say a Liberal Democrat government would make £3bn of savings by removing tax credits from some better-off families. |
| It would also cut bureaucracy and reduce spending on roads. | It would also cut bureaucracy and reduce spending on roads. |
| Last summer Nick Clegg announced he had found £20bn of savings from planned government expenditure, which would be directed to what his party saw as more important priorities, while any money left over could fund tax cuts. | Last summer Nick Clegg announced he had found £20bn of savings from planned government expenditure, which would be directed to what his party saw as more important priorities, while any money left over could fund tax cuts. |
| BBC political correspondent Iain Watson said this approach triumphed at his party conference, against those who fiercely opposed further tax cuts. | BBC political correspondent Iain Watson said this approach triumphed at his party conference, against those who fiercely opposed further tax cuts. |
| But his internal critics will be pleased that none of the £7bn of savings to be set out later will be devoted to cutting taxes, our correspondent added. | But his internal critics will be pleased that none of the £7bn of savings to be set out later will be devoted to cutting taxes, our correspondent added. |
| Instead the money is being diverted to funding better childcare, smaller class sizes and the scrapping of student tuition fees in England. | |
| However, critics could characterise the savings from removing tax credits from better-off families as a tax increase, our correspondent said. | However, critics could characterise the savings from removing tax credits from better-off families as a tax increase, our correspondent said. |