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Proceeding contribution from Ed Balls (Labour) in the House of Commons on Tuesday, 30 March 2010. It occurred during Budget debate on Budget Resolutions and Economic Situation.


Budget Resolutions and Economic Situation

The reason why this is relevant to the Budget debate is that our Chancellor and our Prime Minister have set out a steady reduction in the deficit, not reckless cuts now that would put public services and jobs at risk. They have a balanced approach of fair tax rises combined with some spending restraint, and they included it in the Budget in a way that has protected schools, children's centres and 16-to-19 funding as well as the police and the NHS. To try to reverse the national insurance rise next year by cutting spending on schools and children's centres this year would be barmy economics. It would lead to fewer jobs, more unemployment and rising debt. It would be a perverse and misguided Budget strategy. That is why coming along and explaining the implications of the Budget for education, Sure Start and 16-to-19 apprenticeships and college places is well worth while.


Secondary information

Type
Proceeding contribution
Reference
508 c662 
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
Childcare Cost effectiveness Capital investment Education Economic situation Pre-school education Public expenditure Schools VAT Economic recession Academies Children's centres Cuts Budget March 2010
Link
View this Proceeding contribution on www.publications.parliament.uk