Oral Answers to Questions

Debate between Stephen Phillips and Danny Alexander

Tuesday 22nd March 2011 Commons Chamber

[Danny Alexander]

We are sticking to the spending plans that we set out in the spending review, and that is the right thing to do. Of course I understand that inflation has an effect on people’s living standards, which is why it is particularly important to emphasise the increase in the personal income tax threshold—£1,000 extra on the threshold—that comes into force this April, which will put £200 back into the pockets of hard-working people in this country. That is the action this Government are taking to help people through these difficult times.

[Stephen Phillips (Sleaford and North Hykeham) (Con)]

10. By what date he expects revenue to the Exchequer to match levels of public expenditure.