Helen Goodman
Main Page: Helen Goodman (Labour - Bishop Auckland)Department Debates - View all Helen Goodman's debates with the HM Treasury
(7 years, 2 months ago)
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Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
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Elizabeth Truss
I can assure my hon. Friend that we are determined to get the best possible deal for the British taxpayer, and we need to look at the deal in the round to see what represents value for money. Absolutely, the money should be spent on our public services and on keeping taxes low for our hard-working citizens.
Helen Goodman (Bishop Auckland) (Lab)
Last week, the Treasury published the Red Book, which showed that there would be no more payments to EU institutions from 2019. It also said there was £15 billion of headroom and that debt would then fall. Does the news overnight not show that there is a £30 billion hole in the public finances and that there is no possibility of debt falling on that timescale?
Elizabeth Truss
The hon. Lady is not correct about that. The OBR has made predictions on EU payments and those are included in the Budget. Indeed, that was raised by my hon. Friend the Member for North East Somerset (Mr Rees-Mogg) in the Budget debate last week.