Fel y dywedais sawl tro, rydym wedi chwarae ein rhan yn y broses o leihau’r diffyg, gan ddelio â’r toriadau o £163 miliwn o gyllideb Mehefin 2010 trwy reoli ein cyllidebau’n ofalus.  Fodd bynnag, mae angen yr hyblygrwydd sy’n cael ei argymell gan Gomisiwn Holtham arnom, inni allu rheoli’r setliad ariannol heriol hwn yn well.
As I have said many times, we have played our part in the budget deficit reduction absorbing the £163m June 2010 Budget cuts through careful management of our finances. We need however, the flexibilities recommended by the Holtham Commission to enable us to manage this challenging financial settlement.