By Chris Dorrell The government has received a stark warning on the state of the nation’s finances from an influential Parliamentary Committee. In a report published today, the House of Lords Economic Affairs Committee (EAC) called for “clarity” about the “grim reality” facing the exchequer. “If we wish to improve the level of and quality of services, and continue the current provision of benefits, taxes will need to rise. The alternative is that the state does less,” the report said. “If this choice is ducked during this Parliament, the UK risks being on a path to unsustainable debt. Muddling…