Office for Budget Responsibility (Manifesto Audits)

Debate between Ed Balls and Thomas Docherty

Wednesday 25th June 2014 Commons Chamber

[Ed Balls (Morley and Outwood) (Lab/Co-op)]

I beg to move,

That this House believes the role of the Office for Budget Responsibility should be enhanced to allow it to independently audit the spending and tax commitments in the general election manifestos of the main political parties, and calls for legislative proposals to enable this to be brought forward at the earliest opportunity.

Over the past four years, the Office for Budget Responsibility has become an established part of the framework for British economic policy-making with broad-based and cross-party support. It is vital that the OBR’s impartiality and independence is preserved. That was a point made by Members from all parts of the House when the OBR was established, and it is why there remains a consensus, which is reflected in the Budget Responsibility and National Audit Act 2011, that the OBR should not be drawn into party politics by commenting on the merits of individual policies or examining alternative policy scenarios.

[Thomas Docherty (Dunfermline and West Fife) (Lab)]

I am sorry to interrupt my right hon. Friend so early, but I have just realised that the Chancellor of the Exchequer and the Chief Secretary to the Treasury are not here for this debate. Will he perhaps tell the House where they are today?

[Ed Balls]

I believe that the Chief Secretary to the Treasury is on a visit to the United States. It may be that the Chancellor is engaged in rather more immediate and urgent matters that have cropped up in the past 24 hours, or it may be that he will arrive in the next few minutes to respond to this debate. I had assumed that the Chancellor would respond to this debate. I do not know whether you, Madam Deputy Speaker, have had any other guidance. Anyway, let us hope that he turns up.

In the meantime, and fully consistent with that consensus, it is our view that now is the right time to take a further step to enhance the role of the OBR. I will come on to explain our strategy and seek the views of the Chancellor, so he has about 10 minutes to get here.

Amendment of the Law

Debate between Ed Balls and Thomas Docherty

Thursday 22nd March 2012 Commons Chamber

[Ed Balls]

There will be a vote next week, and we will vote against the 50p change. It is the wrong tax cut at the wrong time. I have always said that no tax rate is set in stone, but how can anyone believe it is right to take tax credits from working families, child benefit from middle-income families and more tax from pensioners, but give £10,000, on average, to every top rate taxpayer in the country? If there were a general election tomorrow, our manifesto would state clearly that we would reverse it. That is the clearest answer I will give.

[Thomas Docherty (Dunfermline and West Fife) (Lab)]

Does my right hon. Friend think it would be helpful, ahead of next week’s debate, for the Prime Minister to place in the Library a list of which members of the Government will benefit from that cut in the top rate?

[Ed Balls]

I think we should leave people’s trust funds out of this. I will come back to that in a moment, but I will not press the Government on it.

The Chancellor took a reckless gamble on jobs and the economy, the Prime Minister and the Chancellor have taken a reckless gamble on NHS reform and police cuts, and now the Chancellor is taking a reckless gamble with the fairness of our tax system by handing out massive tax cuts to legitimate taxpayers in the hope—based on no evidence—that the cuts will pay for themselves by somehow bringing all the tax avoiders back into the fold. That is a fact.