Nick Clegg interview on economic plans

The transcript discusses the differences in tax plans between political parties, emphasizing transparency and fairness. It critiques the Conservative approach to public service cuts and highlights a balanced strategy of tax changes and spending reductions. The speaker addresses past tax claims and reassures that their plans do not require increases in major taxes. The focus is on a fair mix of tax increases and spending cuts, aiming to protect middle-income earners while maintaining public services.

What does the speaker mean by 'light at the end of the tunnel' in the context of austerity?

What is the speaker's stance on tax increases and spending reductions?