Finance Bill

Part of the debate – in the House of Commons at 5:54 pm on 6th July 2010.

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Photo of Lorely Burt Lorely Burt Chair of the Liberal Democrat Parliamentary Party 5:54 pm, 6th July 2010

Yes, the hon. Gentleman is right in saying that, but at the same time we have since discovered that a lot more money is not available to us for use. It is not there. Therefore, in order to balance the books it has been necessary to increase VAT.

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