Labour highlight IFS reaction to Conservative plans 1:27 PM Facebook Twitter IFS's Paul Johnson: Tory plans require "really very dramatic spending cuts or perhaps tax increases between now and 2018". — Labour Press Team (@labourpress) April 14, 2015 IFS's Paul Johnson on Tory plans: cuts are "enormous… but almost no sense at all about actually how they are going to do it". — Labour Press Team (@labourpress) April 14, 2015