With roughly half of the fiscal consolidation still to come, the state of the public finances will remain a defining theme of the next parliament. Beyond the first year of the next parliament there is little clarity as to how fiscal balance will be restored. However, the emerging positions from each of the main political parties points to a different set of choices and trade-offs. At the event the Resolution Foundation will present a new analysis of the fiscal rules of the main political parties and a panel of leading experts will explore what the state of the public finances is likely to mean for the next government and its approach towards spending cuts, taxes, investment and debt.