New Clause 10 — Impact of the Spending Round 2013 on tax revenue

Part of Oral Answers to Questions — Justice – in the House of Commons at 3:30 pm on 2nd July 2013.

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Photo of Catherine McKinnell Catherine McKinnell Shadow Minister (Treasury) 3:30 pm, 2nd July 2013

I am pleased that we have the hon. Gentleman’s support in principle for the fact that the Government need to take stock of the impact of these spending decisions and his acknowledgement of the devastating impact of the cuts to local authority projects, which we have rehearsed many times here, particularly in areas such as the one I represent. We will not see the impact straight away; we will see it in six months, 12 months, 18 months or two years’ time. The Government have imposed cuts without allowing the economy time to grow, create jobs and consolidate the debt in a responsible way, so we will face the consequences of this economic approach for many years to come. I am pleased, as I say, that John Pugh recognises that.