It was still using the term "deficit". If there are two possible meanings for a term in a particular area, eg economics, then a different term should be used for each meaning, or use of the term is preceded by another word to distinguish its full meaning.
Ed Milliband thinks things should be measured against GDP.
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This starts with getting the national debt falling as a proportion of national income as soon as possible within the next Parliament.
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Carl Emmerson, deputy director of the Institute for Fiscal Studies, said that by not signing up to Mr Osborne's plans for a £23bn surplus in 2020, Labour had £50bn "wriggle room" compared to the Conservatives' plans.
Responding to Mr Miliband's speech for the Conservatives, Business minister Matthew Hancock said the plans were a "risk to the economic recovery".
He said: "Labour's policy is to run deficits forever - more borrowing that would add to the national debt every single year.
"That would mean more debt than hardworking taxpayers or our children could ever hope to repay."
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So according to Ed Milliband, not borrowing means ALWAYS borrowing, even when there is a budget surplus.