Luke Graham
Main Page: Luke Graham (Conservative - Ochil and South Perthshire)Department Debates - View all Luke Graham's debates with the Leader of the House
(6 years, 6 months ago)
Commons ChamberThe hon. Gentleman has raised an important point, which I shall certainly take into account.
The Office for Budget Responsibility is currently responsible for examining and reporting on the sustainability of public finances, but it has no power to consider the effect of alternative policies, and does not score every piece of legislation like the Congressional Budget Office in the United States. Will the Leader of the House grant a debate on the establishment of an independent fiscal accountancy agency that would be responsible for analysing and assessing the sustainability of funding arrangements?
Having seen the eye-watering costs associated with the Opposition’s 2017 manifesto, I am personally incredibly sympathetic to my hon. Friend’s request. As he points out, the OBR has no current plans to extend its remit to the costing of Opposition policies. I strongly encourage him to apply for a Back-Bench debate to discuss these matters, which I am sure many Members would enthusiastically support.