In a speech given at the Bloomberg financial news company today, Balls said the coalition needed to "reinstate vital investments now which support jobs and recovery".
The Labour leadership candidate identified the September school leaver's guarantee, the youth job's guarantee and the Building Schools for the Future programme as areas that need urgent reinvestment following chancellor George Osborne's cuts.
"By far the biggest influence on deficit reduction and the balance between taxation and spending is economic growth and the number of taxpayers in jobs paying their fair share," Balls said. "That is why the priority this year and next must be growth and jobs – the coalition should act quickly and aggressively to reverse George Osbourne’s cuts in support for the economy."
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