Clegg and Laws speak at press conference

The video discusses a fiscal plan aimed at eliminating the deficit by 2017-2018, focusing on fair taxation and spending adjustments. It highlights the need for savings from the welfare budget and emphasizes that the wealthiest should bear the greatest burden. The speaker addresses public concerns about the manageability of departmental spending cuts and clarifies the impact on individual taxation and state support.

What does the speaker mean by 'necessary pain' in the context of the proposed changes?

What information does the speaker believe people want regarding their individual circumstances?