The extra revenue will go more to repaying debt than on election-year splurges.

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Giving up junk food has been hard, but she splurges occasionally on thin-crust pizza or Nutella on whole wheat waffles.

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Once in a while she splurges on science or art supplies.

WHITEHOUSE: President Obama Speaks on the Importance of Extending the Payroll Tax Cut | The White House

Mr Darling and Mr Brown had previously said that it was too late to amend this year's tax arrangements, and that the Treasury was too skint for splurges.

ECONOMIST: Bagehot