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Transcripts For BBCNEWS Newsnight 20240704

Todays budget might have left you with a bit more money in your pocket but some of the Public Services you rely on will face big Spending Cuts. So is it a vote winner . Mr chancellor of the exchequer. Cheering it was the last Spring Budget before the next election. Tonight well interrogate Whyjeremy Hunt made the announcements he did. And interrrogate one of his treasury ministers. Overall, the tax burden is going up. Correct . The tax burden is still too high, overall. Absolutely. And its going up . Well also talk to labours Campaign Chief. Well talk live to representatives of business and Public Sector workers and our Politics Panel is here to help us decode it all and tell us when we might be going to the polls. Todays was a budget that was as much about what comes next as about what comes now. Theres another 2p cut in National Insurance that will kick in soon but theres also the growing realisation that whoever wins the next election, they will face a daunting choice either oversee

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