Office for Budget Responsibility Debate

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Department: HM Treasury

Office for Budget Responsibility

Lord Barwell Excerpts
Monday 14th June 2010

(13 years, 11 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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The most obvious set of failed economic policies is that pursued by the Labour party.

Lord Barwell Portrait Gavin Barwell (Croydon Central) (Con)
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If I heard my right hon. Friend correctly, the policies of the previous Administration will lead to us spending an incredible £67 billion on debt interest alone by the end of this Parliament. In the interests of transparency, may I encourage him to put that number in context for the wider electorate, so that we know the amount per household in relation to the amounts we spend on our NHS and school system?

George Osborne Portrait Mr Osborne
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That is an excellent idea. I will ensure that that information is circulated not only to Government Members, but to Opposition Members as well.