The Economy

Part of Council Tax Rebate – in the House of Commons at 3:49 pm on 31st March 2009.

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Photo of Bill Cash Bill Cash Conservative, Stone 3:49 pm, 31st March 2009

I am sorry to disappoint the Chancellor—[Hon. Members: "Oh!"] I am disappointing the House too by the sound of it.

Does the Chancellor accept that the public sector debt figures that he gave in the pre-Budget report only a few months ago have now tripled, and that the most recent estimate by the Office for National Statistics is that it is £2.2 trillion? Does he accept, therefore, that the reduction in public expenditure and the increases in taxation that go with it make a nonsense of the statements he made in the pre-Budget report only a few months ago?

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