Government Performance against Fiscal Rules Debate
Full Debate: Read Full DebateDepartment: HM Treasury
Bobby Dean
Main Page: Bobby Dean (Liberal Democrat - Carshalton and Wallington)Department Debates - View all Bobby Dean's debates with the HM Treasury
Government Performance against Fiscal Rules
Bobby Dean Excerpts(1 day, 17 hours ago)
Commons ChamberRead Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
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Darren Jones
The fiscal rules are important because when we control the nation’s finances, we bring stability to family finances. We have all experienced the consequences of previous Governments losing control, and our mortgage rates and rents have gone through the roof. This Labour Government will never let that happen again.
Bobby Dean (Carshalton and Wallington) (LD)
The Government committed to one fiscal event a year in the name of economic stability, but by having an OBR forecast and these constraints, they had only one lever to pull: spending cuts. This time, disabled people paid the price, and the Government have since had to row back. Does the Government regret placing those restraints on themselves over tax measures when OBR forecasts are published?
Darren Jones
The Government are committed to the independence of the OBR. We will keep setting out future fiscal plans at one fiscal event a year.