Nick Clegg has promised that the Liberal Democrats will aim to stay in the political centre-ground, avoiding the Tory strategy of "austerity forever" and not being like Labour by ensuring "sound" finances.
Clegg's believability may have taken a hit after having his damaging tuition fees policy u-turn, which saw him make a public apology last year for making a promise he was unable to keep.
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The Lib Dem leader's own stance on cuts has changed with near clockwork regularity, as he veered over the years between promising "savage" cuts to fretting about if "slashing and burning" could cause riots on the streets.
HuffPost UK brings you Clegg's austerity journey, in eleven simple steps.