Autumn Statement Debate

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Department: HM Treasury
Wednesday 5th December 2012

(12 years ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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I have never used that language at all. What I have said is that we have got to make savings in the benefits bill and, in my view, it is very important that we have fairness in our society. One element of fairness is that people on out-of-work benefits should not be earning more on average than the family that goes to work, which is why we have introduced the benefits cap. I could not quite understand what the shadow Chancellor was saying about Labour’s position on the benefits cap. He certainly led all Labour Members through the Division Lobby time and again against the benefits cap, but I think they will want to check exactly what he said in reply to my statement.

Steve Baker Portrait Steve Baker (Wycombe) (Con)
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This morning City A.M. reported that just 6% of the public appreciate that this Government have been forced to put up the national debt. Will my right hon. Friend confirm that the deficit is coming down, and will he take steps to ensure that discussion in the media is based on the facts, not the incoherence and cruel fairy tales of the Labour party?

George Osborne Portrait Mr Osborne
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I will certainly work with my hon. Friend and publications such as City A. M. to make sure that happens. The deficit is how much is added to the debt each year, and we are getting the deficit down. We inherited the highest budget deficit in the world, and we have been able to reduce it by 25%.