Comprehensive Spending Review

Part of Oral Answers to Questions — Prime Minister – in the House of Commons at 12:31 pm on 20th October 2010.

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Photo of George Osborne George Osborne The Chancellor of the Exchequer 12:31 pm, 20th October 2010

The hon. Gentleman is not known for overstatement, but I would say to him that we inherited a situation of rising unemployment, the biggest fall in output in a generation, the biggest banking crisis-thanks to the way in which the previous Government had regulated the banks-and a huge budget deficit. In the next hour-or however long you allow for questions, Mr Speaker-every single Labour Member who gets up should propose an alternative plan. It is very difficult to make choices, but they can attack this plan only if they have an alternative.