Proceeding contribution from James Purnell (Labour) in the House of Commons on Wednesday, 18 April 2007. It occurred during Debate on bill on Pensions Bill.
Pensions Bill
No one is disagreeing that it would be possible for the Treasury to make a loan. All that we are saying is that the Opposition have no idea where the money will come from. They have just proposed, yet again, an unfunded Government policy. They are proposing to increase the public sector borrowing requirement, and the hon. Gentleman’s only answer to my question is, ““We’d get the money from unclaimed pension assets.? If he is to increase public borrowing, he has to tell us what else he would cut, but I bet the House that he will refuse to do so.
Secondary information
- Type
- Proceeding contribution
- Reference
- 459 c336-7
- Session
- 2006-07
- Chamber / Committee
- House of Commons chamber
- Subjects
- Compensation Carers Assets Age Annuities Eligibility Insolvency Financial assistance scheme Pension credit Personal savings Low incomes Protection Pay Workplace pensions Pensions Payments Personal pensions Means-tested benefits Pension funds Pension Protection Fund Pension rights State retirement pensions Reform Uprating Personal Accounts Delivery Authority State second pension
- Legislation
- Pensions Bill 2006-07
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 11:34:19 +0000
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