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Proceeding contribution from Alec Shelbrooke (Conservative) in the House of Commons on Tuesday, 26 April 2011. It occurred during Debate on bill on Finance (No. 3) Bill.


Finance (No. 3) Bill

I welcome the Finance Bill in so many ways, many of which are to do with creating growth and jobs. The former Chancellor, the right hon. Member for Edinburgh South West (Mr Darling), noted in his comments after the Budget that it will create growth, so it is interesting that some of the newer members of the shadow Cabinet on the one hand praise him for the things he said but on the other ignore his praise for a Budget that creates growth. The Budget is helping to rebalance the economy, which is never an easy thing. We need to get more from private sector, as we have been over-reliant on the public sector. An important point that is often missed when discussing the private and public sectors and whether the Government should spend more money here or there is that the Government do not have any money. It is not our money, it is the public's money. It is the money we take off people and businesses and from trading throughout the world. It is not our money for us to do with as we like. It is the public's money, and we should ensure that we deal with it responsibly.


Secondary information

Type
Proceeding contribution
Reference
527 c115 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Children Alcoholic drinks Corporation tax Beer Air passenger duty Capital allowances Aggregates levy Environment protection Income tax Electricity generation Excise duties Fuels Economic growth Individual savings accounts Low incomes Northern Ireland Pensions Natural gas Nuclear power Business rates Prices Small businesses Tax allowances Tax avoidance Taxation Research Tobacco Science North Sea oil Carbon emissions Bank levy National employment savings trust scheme
Legislation
Finance (No. 3) Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk