I suppose you could call this the coalition manifesto. It all looks pretty good, although the devil will obviously be in the details.
THE ECONOMY
- Emergency budget within 50 days
- "Accelerated" action to cut the budget deficit: £6bn of spending cuts this year
- Measures to promote financial stability and support business growth
- Next year's 1% National Insurance tax rise to be scrapped
- Phased reform of tax system. Those on less than £10,000 to pay no tax
- New ministerial committee to look at "structural" banking reform
- New tax on financial transactions
EDUCATION
- Investment to reduce class sizes for children from poorer backgrounds
- New independent schools in state sector - "free schools" - to be set up
POLITICAL REFORM
- Referendum on the Alternative Vote system for general elections
- Fixed-term Parliaments - next election in May 2015
- Cut in number of MPs and equal size constituencies
- Right of the public to "recall" corrupt MPs
- Ban on "non-doms" sitting in Parliament
- Reform of political donations and party funding
FOREIGN POLICY
- "War Cabinet" to oversee Afghan mission
- National Security Council to handle security policy
- Strategic defence review to begin as soon as possible
- Trident renewal to go ahead but cost scrutinised
- No further powers ceded to EU without referendum
- UK not to join euro for foreseeable future
CIVIL LIBERTIES
- Great Repeal Bill including abolition of ID cards
IMMIGRATION
- Cap on immigration from outside the European Union
ENVIRONMENT
- Aviation passenger duty replaced by plane tax
FAMILIES
- Tax break for married couples and civil partners (Although Lib-Dems don't have to vote for it)
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