Stella Creasy
Main Page: Stella Creasy (Labour (Co-op) - Walthamstow)Department Debates - View all Stella Creasy's debates with the Cabinet Office
(8 years, 8 months ago)
Commons ChamberMy right hon. Friend is right. There is a series of difficult decisions that we have to take when facing an 11% budget deficit, as we were in 2010, and we still need to get this country back to surplus. I would argue that this is not some artificial target. We have to make sure that in the good years we are putting aside money for a rainy day. That is what this is all about. It does involve difficult decisions. We do not always get those decisions right—I am the first to say that—but it is very important that we stick to the long-term economic plan of getting this country back into the black.
In his statement the Prime Minister mentioned the work of both his former Secretary of State for Work and Pensions and his current Chancellor, so is he ruling out, as he suggested to the right hon. Member for Hitchin and Harpenden (Mr Lilley), further negotiation with the EU on benefits and spending? How does he intend to fix the big hole in his Budget that appeared this weekend?
The Budget contains a very good package of measures that will help small businesses, get the country back to work and support our schools. The Chancellor will be here tomorrow winding up the Budget debate, and in the autumn statement a new forecast will be produced and all these issues will be addressed.