Proceeding contribution from Lord Barnett (Labour) in the House of Lords on Monday, 29 November 2010. It occurred during Debate on bill and Committee proceeding on Budget Responsibility and National Audit Bill [HL].
Budget Responsibility and National Audit Bill [HL]
My Lords, I hope this group will last only a very few minutes and that the Minister will accept the amendments. As we debated this afternoon on the Floor of the House, this is not a money Bill. I do not think the Speaker in any way thought about certifying it as a money Bill. Every Bill costs a few bob, but in no way could this be described as a money Bill. I assume that the Minister is going to say that he will accept the amendments. It is quite straightforward: there is no reason whatever why the House of Lords and its Economic Affairs Committee should not be involved in looking at what the OBR is saying. When I was on the Economic Affairs Committee and the Select Committee on the Monetary Policy Committee, my noble friend Lord Peston was in the chair, and we had the Governor of the Bank of England, the Chancellor and almost everybody else there. I can think of no good reason for the Minister having the word ““resist””. I hope he will not use it because there is no reason to refuse these amendments. I hope he will support them.
Secondary information
- Type
- Proceeding contribution
- Reference
- 722 c101-2GC
- Session
- 2010-12
- Chamber / Committee
- House of Lords Grand Committee
- Subjects
- Audit Fiscal policy Economic situation Economic policy Forecasts Public expenditure Parliamentary scrutiny Public finance Office for Budget Responsibility
- Legislation
- Budget Responsibility and National Audit Bill (HL) 2010-12
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 20:51:27 +0000
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