Rishi Sunak has branded Liz Truss a socialist after she revealed her plans to cut taxes during a TV showdown.
After she was criticised for a poor performance in the first debate, Ms Truss immediately went on the offensive in the second encounter, by attacking Mr Sunak's record in the Treasury."That is not going to drive economic growth.
"There's a cost to these things and the cost of higher inflation, higher mortgage rates, eroded savings. And you know what? This something-for-nothing economics isn't Conservative. It's socialism."Ms Mordaunt said the limited tax cuts she advocated were not inflationary and people need help now with the cost of living. "I don't understand why Rishi doesn't understand that," she said.
Following further reports in the press casting doubts on her denials, Ms Mordaunt said: "I know why this is being done but I would say all attempts to paint me as an out of touch individual will fail." The debate took place ahead of the third round of voting by MPs on Monday, with one more candidate due to to be eliminated, leaving just four.Tom Tugendhat, who was fifth in the second round, sought to make a virtue of the fact that he alone of the remaining contenders had not served in government.
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