Emergency Budget, Deficit and Cuts: Visualized

Today in the UK the Conservatives/Liberal Democrat coalition presented their Emergency Budget.

Collaborating with David McCandless, Where Does My Money Go? have created a simple visualization to help you understand and contextualise the budget, and answer some basic questions such as: How much impact will the emergency budget have on the £156bn budget deficit? And what will those mind-boggling billion pound amounts actually mean?

Embed

Want to use this graphic in your own site or in the news? We’re happy for you to do so as long as long as you explicitly credit us and have a link back to this url. Here’s an html code snippet to do this:

Want a higher-res version, e.g. for print? You can get it here: http://static.wheredoesmymoneygo.org/i/deficit_budget_print.pdf

Credits

A Where Does My Money Go? visualization by David McCandless / InformationIsBeautiful, research by Lisa Evans and Tim Hubbard using on information from the Institute for Fiscal Studies and HM Treasury.

Related posts:

1. Can You Close the Deficit Gap? Where Does Your Money Go? challenges you to beat the Chancellor to it before tomorrow’s budget and close the UK’s financial deficit. Will you increase taxes, make cuts or a mix of both? No decision is going to be popular...
2. Putting the cuts into context: where is that £6 billion going to come from? With the UK election over, reductions in public spending are currently at the top of the agenda. Whichever way you cut it, taxpayers and public service users look set to face big changes. The ‘Where Does My Money Go?’ dashboard...
3. New mockups for “Where Does My Money Go?” We recently blogged about some mockups for our Where Does My Money Go? project. We’ve now got some new mockups for the project which are show below (click through for full size). Again, we’d love to hear what you think...