No one is disagreeing that it would be possible for the Treasury to make a loan. All that we are saying is that the Opposition have no idea where the money will come from. They have just proposed, yet again, an unfunded Government policy. They are proposing to increase the public sector borrowing requirement, and the hon. Gentleman’s only answer to my question is, ““We’d get the money from unclaimed pension assets.? If he is to increase public borrowing, he has to tell us what else he would cut, but I bet the House that he will refuse to do so.
Pensions Bill
Proceeding contribution from
James Purnell
(Labour)
in the House of Commons on Wednesday, 18 April 2007.
It occurred during Debate on bills on Pensions Bill.
About this proceeding contribution
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459 c336-7 Session
2006-07Chamber / Committee
House of Commons chamberSubjects
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