National debt: Osborne warned against `senseless cuts`

Unions have warned the coalition Government against making `senseless cuts in spending` ahead of the Emergency Budget today, the BBC reports.

According to the unions, `harsh action` is not needed to bring the budget deficit and national debt under control.

However, deputy Prime Minister Nick Clegg has said cuts were needed as the overall economic situation in Europe has become a lot worse over the past few months.

He said that the `mountain of debt` left after the recession `needed to be dealt with`.

"Without action on the deficit, we will carry on racking up unaffordable debts our children will have to pay off," he continued.

Meanwhile, the Chancellor, George Osborne, has said the Budget will `lay out "tough" but necessary plans to bring down borrowing` over the next four years.

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