Montgomeryshire's Member of the Senedd, Russell George, said ideology and vanity projects including the default, 20mph speed limits were contributing to the problems.
First Minister Mark Drakeford says his cabinet will meet throughout the summer recess to look at how it will respond to the financial problems.
He blamed the budgetary constraints on record levels of inflation and what he called the"mismanagement of the UK economy and public finances by successive UK governments". “As part of the budget preparations, Welsh Conservatives put forward a clear plan to make sure the Labour government focuses on the people's priorities, sorting the Welsh NHS waiting lists, ending the housing crisis and giving our young people the best start in life.
"This is all whilst Labour continues to be the only government in the UK to have ever cut an NHS budget on two separate occasions."
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