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Budget Resolutions and Economic Situation

My right hon. Friend is coming to the nub of the point on the debt. Our point about the debt is not just about fiscal or other balances, but the fact that if the finances of this country are undermined, future public services and the jobs of teachers, nurses and doctors are put at risk. It is precisely to ensure that we can deliver sustainable public services, particularly for an ageing population, that Conservatives are so obsessed with ensuring that we behave responsibly on finances. This is not because of our fascination with finance, but because of our commitment to public services. We know that irresponsibility such as the Government's leads to the very cuts that the hon. Member for Middlesbrough and we do not wish to see.