But spending is spending... That growth depends on the economy getting better. The economy getting better depends on interest rates falling this year. And that, in turn, depends on inflation steadily working its way back to the two percent target.
Those factors aren't merely driving the economics of the budget. Khan said they're driving the politics as well. 'It all has to line up in terms of the growth... as they head to the voting booth, and that's a lot of dependency,' he said.
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