Dan Poulter
Main Page: Dan Poulter (Labour - Central Suffolk and North Ipswich)Department Debates - View all Dan Poulter's debates with the HM Treasury
Balancing the Public Finances
Dan Poulter Excerpts(7 years, 4 months ago)
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Mr Harper
I welcome that intervention, because one of the things that we set out in our manifesto, and that the Chancellor set out in the House of Commons, is our plan to invest across the United Kingdom in infrastructure such as broadband, to help the economy and businesses to be more productive. That is how to raise tax revenue, grow the economy and create the jobs that enable us to spend money on our public services.
Dr Dan Poulter (Central Suffolk and North Ipswich) (Con)
I congratulate my right hon. Friend on securing the debate. He is right to highlight the importance of jobs, growth and apprenticeships, which should be at the forefront of any general election debate in a normal time. Does he agree that the public services are under pressure at the moment? We must recognise that. I work in those public services and I see it in my working life. According to the latest forecast, the target—a structural deficit of less than 2% of national income in 2020-21—will be comfortably met by sticking to the current tax and spending plans, so there is about £25 billion of leeway to invest a little more in those important public services, while paying down the deficit in a responsible manner.