(3 months, 4 weeks ago)
Public Bill Committees
Luke Akehurst
Does my hon. and gallant Friend agree that the problem is not just the legacy that his Department inherited, but the wider legacy of debt that our Government inherited, which means that the path that Germany is going down—raising new finance—is not open to us? We inherited a bow wave of immense welfare spending from the previous Government, who let the welfare bill get out of control. This is not happening in isolation; these are systemic problems of government that we are having to address, and we are having to find a source of funding for the incredible investment that we now need to make.