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Billions of pounds more needed in public spending cuts, says Osborne
Premier's Political Editor has been crunching the numbers and gauging reaction to George Osborn's speech.
George Osborne has set out plans to cut a further £25 billion pounds from public spending after the 2015 election. That includes £12 billion from benefits.
In a speech, the Chancellor says the size of the state and the welfare system must become "permanently smaller".
Premier's Political Editor Martyn Eden has been examining the Chancellor's speech in detail:
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