---

Budget Resolutions and Economic Situation

What I accept as a fact is the statement made by the Chancellor of the Exchequer that we shall be looking for efficiency savings. That is what the Chancellor said in his Budget speech, and that is what we accept. The right hon. Gentleman reflects Conservative party policy, and I salute him for that. Conservative party policy is to cut. It is to go back to 1979 and Lady Thatcher, who said as Prime Minister, "I will cut," and that is what she did. I shall be happy—and I am sure that the country will be happy, and that my Labour party will be happy—if we spend a great deal of time establishing what the Conservative cuts will be, and I would be grateful to Conservative Members if we could establish that. I would like to move on, Mr. Deputy Speaker, but I shall be quite happy to go on answering their questions.