Economic Policy Debate

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Department: HM Treasury

Economic Policy

Philip Davies Excerpts
Monday 25th February 2013

(11 years, 2 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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I know that Labour MPs keep reading out the Whips’ note, but perhaps the Whips will also circulate a note on what Labour’s economic policy is, and then we can have a more constructive debate.

Philip Davies Portrait Philip Davies (Shipley) (Con)
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Does the Chancellor agree that the reason he inherited such a big deficit was that the last Government had overspent, rather than that we were under-taxed? Is growth not sluggish because the tax burden is higher now than the one that he inherited, and is the deficit not higher than it should be because spending is higher than the level that he inherited? Is it not about time that we had some proper spending cuts and some proper tax cuts to put money in people’s pockets and get some growth into the economy?

George Osborne Portrait Mr Osborne
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We have further difficult decisions on spending to take this year to set the spending round for 2015-16. I know that my hon. Friend has always been consistent in supporting all the difficult spending decisions, so I look forward to that consistent support in the years ahead.