Finance (No. 4) Bill
Debate between Ben Gummer and Fabian Hamilton(12 years, 8 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Ben Gummer
My hon. Friend is right in two senses. Everyone is concerned about their standard of living. That is the nature of recovering from this terrible recession, which has many causes. As a Government, we are in the position of having to make very difficult decisions. Again, it is a point of great pride to me that we are being brave enough to make those decisions and to spread the load throughout the entire taxpayer base. It is a matter of extraordinary difficulty, but the group that has been hit least so far by the savings, efficiencies and cuts that the Government have had to make has been pensioners, because they have benefited from the triple lock and a whole series of other interventions by the Government, and because they are not recipients of other benefits. As a result, this measure is probably the most modest incursion into pensioner income.
