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Spending Review

Part of Oral Answers to Questions — Treasury – in the House of Commons on 2nd July 2019.

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Photo of Tom Brake Tom Brake Liberal Democrat Spokesperson (International Trade), Liberal Democrat Spokesperson (Exiting the European Union)

I can assure the Chancellor that I saw him give that response on television earlier. What would be the impact on the comprehensive spending review of either the proposal of the Secretary of State for Foreign and Commonwealth Affairs, Mr Hunt for a £13 billion cut in corporation tax and a £12 billion increase in defence spending, or the proposal of Boris Johnson for a £9 billion higher rate income tax threshold cut, £11 billion national insurance contributions cut and showing the public sector “some love”? Would those unfunded bribes be paid for by tax increases, cuts in services or both?