Balls signals that he is willing to support the Chancellor's new curbs on claimants, including a seven-day wait for benefits.
The Chancellor works on the assumption that voters have a boundless appetite for ever tighter welfare limits.
Through his narrow focus on making the books add up now, the Chancellor is piling up social costs for the future.
Buried in the coalition’s austerity programme is the kernel of acceptance that, ultimately, government is the solution to economic malaise.
A new seven day wait before people can claim benefits and a freeze in student maintenance grants will hit the poor hardest.
The huge cuts to laboratories and equipment have already undermined the UK's world class science base.
Why everyone’s pretty much making it up.
The Chancellor's decision to set out plans for 2015-16 nearly two years in advance has everything to do with politics and nothing to do with economics.
Three years have been wasted as infrastructure 'plans' have failed to progress to projects. In the Spending Review, the Chancellor has a chance to reverse course.
After taking bets that Obama's error would be repeated in the Commons, the bookmaker pays out a record amount for a novelty political bet.