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MPs question cuts pledge

MPs question cuts pledge
George Osborne will struggle to cut Government spending to the extent he has promised, according to a report by MPs. The Public Accounts Committee said departments coped well with the first year of cuts, totalling £7.9bn, but warned that finding a further 19% of total spending, £77bn, would prove a "more significant challenge". Margaret Hodge, who chairs the committee, said: "The Treasury needs to get a grip at the centre on the approach taken by departments, otherwise government will impose arbitary cuts and fail to secure value for money."

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