Alison McGovern
Main Page: Alison McGovern (Labour - Wirral South)Department Debates - View all Alison McGovern's debates with the HM Treasury
(9 years, 3 months ago)
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Alison McGovern (Wirral South) (Lab)
Will the Chancellor confirm that he has ruled out a further VAT increase in the next Parliament?
Mr Osborne
Our plans do not involve a VAT increase, because we are prepared to make difficult decisions on public expenditure, including decisions on the welfare budget. The hon. Lady and her colleagues voted for £30 billion of consolidation. If they are not prepared to do that by achieving expenditure savings, they must be contemplating big tax rises. With 100 days to the election, we know the choice: it is between a competent Conservative plan that is delivering growth, and a return to economic chaos under the Labour party.