Tanmanjeet Singh Dhesi
Main Page: Tanmanjeet Singh Dhesi (Labour - Slough)Department Debates - View all Tanmanjeet Singh Dhesi's debates with the HM Treasury
(1 year, 5 months ago)
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Jeremy Hunt
I thank my hon. Friend for his question. The detailed decisions about what we do with respect to infrastructure in the east midlands will follow, but I want to reassure him that we have not made big cuts in our capital budget. We have protected it at the very high levels it was increased to by a previous Conservative Government. As a result, we will be in a better position to support regions such as the east midlands than we would have been had we made the mistake of mortgaging our future by cutting our capital spend.
Mr Tanmanjeet Singh Dhesi (Slough) (Lab)
After crashing the economy and inflicting on my Slough constituents and others higher mortgages, higher rents and the highest inflation for over 40 years, the latest Prime Minister and his Chancellor have embarked, without any mandate, on austerity 2.0 and they have decided to inflict yet more painful tax rises. In his autumn statement, the Chancellor kept referring to “global factors”, so can he point to just one other advanced economy that is raising taxes at the same scale as us here in the UK?
Jeremy Hunt
Yes, the United States is raising taxes by $800 billion.