The headline totals for spending cuts announced in the Comprehensive Spending Review (CSR) are broadly in line with the ferocious assault on the welfare state as outlined in the June Budget. However, beneath those headline totals there is a further shift away from any spending which provides services or benefits the poor as well as clear evidence that virtually all areas of spending will see excruciating cuts in real terms. The one important exception to this is military spending which, despite claims to the contrary, will probably not experience any real decline at all.
Socialist Economic Bulletin makes an excellent assessment of the Comprehensive Spending Review. Read the rest of it here.