£4bn of spending cuts a 'modest amount': Jacob Rees-Mogg
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Budget: Jacob Rees-Mogg defends tax and spending cuts

Conservative MP and member of the Treasury select committee Jacob Rees-Mogg defended the prospect of £4bn of spending cuts as "modest" and supported tax cuts for higher earners.

He was speaking to the Westminster Hour's Carolyn Quinn ahead of Wednesday's Budget.

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