Proposed Public Expenditure Cuts Debate

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Department: HM Treasury

Proposed Public Expenditure Cuts

Peter Bone Excerpts
Monday 13th September 2010

(13 years, 8 months ago)

Commons Chamber
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Peter Bone Portrait Mr Peter Bone (Wellingborough) (Con)
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Does the Chancellor appreciate that on the coalition Benches, there is unanimous support for his policy of shrinking the size of the state? Are we not lucky to have a Chancellor with the guts and ability to carry it out?

George Osborne Portrait Mr Osborne
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I thank my hon. Friend for his last remark. The state currently consumes almost half of national income and I do not think that there is a serious contender for high office on the Labour side who does not think that it needs to come down. Unfortunately, not a single proposal has been forthcoming. It is quite remarkable that this is the most contentious issue that we are debating, yet the people who aspire to lead the Labour party have absolutely nothing to say about it.