'Trussonomics On Steroids': Farage Compared To Failed Tory PM Over 'Unfunded' Reform Spending Spree

Nigel Farage looks on as Liz Truss poses for a selfie at the launch of Popular Conservatism last year.Nigel Farage has been accused of “Trussonomics on steroids” after he unveiled a raft of spending commitments without clearly setting out how he would pay for them.The Reform UK leader said his party would bring back winter fuel payments for every pensioner, scrap the two-child benefit cap and stop anyone earning less than £20,000 a year from paying tax.He said the pledges would be funded by scrapping all Net Zero commitments and cutting waste.“I do accept that these proposals, especially the one of lifting to £20,000 the level at which people start paying tax,” he said.“I accept that it’s expensive, but I genuinely believe that we can pay for it because we’re not ideologically tied to the same ideas upon which we believe the Conservative and Labour governments have gone so wrong.”Farage’s political opponents were quick to draw comparisons with Liz Truss, who only lasted 49 days as prime minister after her plans for £45 billion of unfunded tax cuts crashed the economy.Lib Dem leader Ed Davey said: “Nigel Farage praised the disastrous Truss mini-budget, and now he wants to repeat it with huge unfunded spending pledges and only vague promises of fantasy savings. It’s Trussonomics on steroids.“We all remember far too well what that means: crashing the economy and sending interest rates soaring. It’s even more ludicrous coming from a man who is licking the boots of Donald Trump as his trade war does such terrible damage to our economy.”The author of Nigel Farage's economic plans celebrates another job well done pic.twitter.com/wqOuHKWtUW— Ed Davey (@EdwardJDavey) May 27, 2025Labour chair Ellie Reeves said: “There’s nothing new about what Nigel Farage said today: the tens of billions of pounds of fantasy promises he made this morning are exactly how Liz Truss crashed the economy, devastating the finances of families across the country.“Those families don’t need to be told what the consequences would be of this nonsense. They live through it every month through the higher mortgages, higher rents, higher prices, and higher bills inflicted upon them by the last government.“NHS waiting lists are falling, the economy is growing, wages are rising faster than prices and we’ve had four interest rate cuts, along with three major trade deals that will put more money in working people’s pockets. All Reform offer is a return to the chaos of Liz Truss.”Related...Nigel Farage Is Voters' Last Choice To Be Prime Minister, Poll ShowsLabour Attack 'Privately-Educated Stockbroker' Nigel Farage As War Of Words EruptsNigel Farage Dubbed 'Snake Oil Salesman' Over Reform UK's New Welfare Promises

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