As Chancellor George Osborne was setting out the tough decisions necessary to get the British economy back on a sustainable footing, Labour MEPs in Strasbourg voted against an amendment to freeze the EU budget at 2010 levels.
The Conservative amendment recognised that "several Member States are cutting back their budget" and noted that "the only responsible approach on long-term trends is for a freeze at 2010 level." The rubber stamping of a budget increase, backed by Labour MEPs, will cost Britain nearly £900 million next year.
Commenting, Conservative Party Deputy Chairman Michael Fallon said:
"On the day the Coalition Government was taking tough decisions to deal with Labour's decade of debt, Labour MEPs showed their complete lack of regard for British and EU taxpayers' cash by supporting an increase in the EU's budget.
And he added, "No wonder Labour left this country on the edge of an economic abyss."