The Shadow Chancellor has written in the Evening Standard calling on George Osborne to bring forward investment in infrastructure after IMF warnings last week.
Ed Balls said that the Chancellor, "is still wedded to failed strategy."
Mr Balls said that if the Chancellor, "acted now to boost the economy and so bring in more tax revenues, the scale of cuts could be reduced."
All the evidence suggests that Osborne is spending more time on his part-time role as David Cameron’s political and election strategist than on his day job as Britain’s Chancellor. My fear is that our Chancellor is taking his eye off the ball. That is why I have said the focus of Wednesday’s Spending Review should be clear and decisive action to boost growth and living standards this year and next year — not simply setting out cuts for two years’ time.
More top news
An owner says his video shows one of his pet dogs crying and mourning the death of other pet.
New study says migrant voters could have a "decisive" impact in a range of key marginal seats in the forthcoming general election.
Andy Murray will play world number one Novak Djokovic in Sunday's Australian Open final after the Serbian beat Stan Wawrinka in five sets