Karl McCartney
Main Page: Karl McCartney (Conservative - Lincoln)Department Debates - View all Karl McCartney's debates with the Northern Ireland Office
(8 years, 6 months ago)
Commons ChamberWhat I say to the right hon. Lady—I remember the powerful speeches she made at the time and all the concerns she had for people in Iraq, particularly the Kurds—is that we should wait for the Chilcot report and for what it has to say. I have absolutely no idea what is in it, but I do know that its publication is coming quite soon.
Q10. The European Union recently admitted that it now has a black hole in its finances of €24.7 billion—about £19 billion. Eighteen months ago my right hon. Friend declared that he would not pay the EU a £1.7 billion surcharge—effectively a fine on British taxpayers for growing our economy—yet he was later forced to pay up. What reassurance can he give the House that hard-working British taxpayers will not be forced to pour money into that EU black hole if our nation votes to remain in the European Union? Does he, like me, accept that our only option to halt such payments is for our constituents to vote to leave the EU on 23 June?
The reassurance that I can give my hon. Friend is that we fixed the European budget for a seven-year period between 2014 and 2020, and we fixed a total for that budget that was lower than for the previous seven-year period, which means that European budgets are going to go down, not up. That cannot be changed. This is a very important point. That overall ceiling of spending is determined by all 28 Prime Ministers and Presidents. There is a veto over changing it, just as there is a veto over the British rebate. The only person who can give up the British rebate is the British Prime Minister, and as long as I am Prime Minister there is absolutely no prospect of that happening. As my hon. Friend ended his question with a remark, I will end my answer with a remark: there is no expert saying that we would make a saving from leaving the EU. The only black hole would be in our public finances, because we would have a smaller economy and lower tax receipts, so we would either have to cut spending or put up taxes to make up for that fact.