Video: David Cameron still hopeful of EU budget deal British Prime Minister David Cameron explained to parliament why he rejected "unacceptable" EU spending, but said he hoped a deal could still be reached. Mr Cameron said: "We are not going to be tough on budgets at home and then sign up to big increases in European spending in Brussels." Mr Speaker, we put down a market at this council, we stood up for the tax payer, together with like-minded allies we rejected unacceptable in European spending and we protected the UK's rebate. We are fighting hard for the best deal for Britain and that is what we will continue to do and I commend this statement to the House.