Office for Budget Responsibility (Manifesto Audits) Debate
Full Debate: Read Full DebateChris Ruane
Main Page: Chris Ruane (Labour - Vale of Clwyd)Department Debates - View all Chris Ruane's debates with the HM Treasury
(12Â years, 3Â months ago)
Commons Chamber
Ed Balls
The hon. Gentleman will obviously struggle ever to have anything that might achieve a cross-party consensus in the national interest, but I will come to the political point he is making in a second. First, let me return to the serious matter that is before the House.
The OBRâs charter states that
âThe Government is responsible for all policy decisions and for policy costings, i.e. quantifying the direct impact of policy decisions on the public finances. Subject to receiving sufficient information from the Treasury to do so, the OBR will provide independent scrutiny and certification of the Governmentâs policy costings. The OBR will state whether it agrees or disagrees with the Governmentâs costings, or whether it has been given insufficient time or information to reach a judgement.â
It is our proposal that the OBR play that role for the next election, not just for current Governments but for prospective Governments.
I said in my letter to the head of the OBR of 22 September last yearâthis is not a proposal I am making todayâsetting out the detail of our proposal:
âThe reform I am proposing would mean the Opposition would submit costings for proposed manifesto commitments on spending and taxâobtained from, for example, the House of Commons Library, Parliamentary Questions or the Institute for Fiscal Studiesâand the OBR would âprovide independent scrutiny and certificationâ of those costings.â
Those are the exact words currently in the OBRâs charter.
Why does my right hon. Friend think that the Government do not welcome this cross-party consensus that the OBR should look at the Opposition partiesâ proposals for Government?