Savings Accounts and Health in Pregnancy Grant Bill Debate

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Department: HM Treasury

Savings Accounts and Health in Pregnancy Grant Bill

Pete Wishart Excerpts
Tuesday 26th October 2010

(13 years, 6 months ago)

Commons Chamber
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Mark Hoban Portrait Mr Hoban
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Perhaps the hon. Lady would tell us what she would cut instead. It is very easy for the Opposition, who did not come forward with a plan to tackle the deficit before the last election. Now, every time a cut is proposed they oppose it. As was very clear from the leaked document in The Times today, they recognise themselves that their economic plan has no substance.

Pete Wishart Portrait Pete Wishart (Perth and North Perthshire) (SNP)
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There is no doubt whatsoever that the Labour party left the country’s finances in an appalling state, but why is the Conservative-led coalition taking it out on children and pregnant women?

Mark Hoban Portrait Mr Hoban
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If the hon. Gentleman looks at some of the analysis that was set out at the time of the Budget and last week’s spending review, he will see that we are taking action in both to ensure that child poverty does not deteriorate under this Government. For example, there are increases in child tax credits to families on particularly low incomes to deal with the issue of child poverty.

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Pete Wishart Portrait Pete Wishart
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The right hon. Gentleman is absolutely right that the coalition Conservative Government are doing some appalling things to women and children, but perhaps he could talk about what the Labour party did. Was not the Labour party going to halve child poverty? What actually happened to child poverty in the last few years of the Labour Government? Did it not go up?

David Hanson Portrait Mr Hanson
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I will say just this to the hon. Gentleman: record levels of the minimum wage, record support on Sure Start, record investment in education and tackling child poverty across the board. The Labour Government have a proud record of tackling inequality and trying those issues. [Interruption.] The Financial Secretary says, “Records of deficit”. I recognise, as does my right hon. Friend the shadow Chancellor of the Exchequer, that we need to tackle the deficit, and that is where the choice is today. The choice for the Financial Secretary is to cut deeper—[Interruption.] If he stops chuntering for a moment from the Front Bench and listens, he will hear me say that choices have been made to cut the deficit much more slowly than the hon. Gentleman was doing, over a longer period. There are other issues that could be looked at. The Government’s banking levy is worth a proposed £2.4 billion. If the Labour Government had been in office, that would have been £3.5 billion. There is £1.1 billion extra already from that funding. The hon. Gentleman knows there are differences of approach, and the Labour Government would have taken a different approach to the deficit, and would have been able to save those resources in a much better way.