Barely an hour ago, the Minister was telling the House that the OBR report had broken new ground in making employment and unemployment forecasts and what a wonderful step this was compared with what had happened under the previous Government. In response to the observation from the noble Baroness, Lady Browning, I believe that Sir Alan Budd’s reservation was that he had allowed OBR employment forecasts to be released one day early in order for them to be used by the Prime Minister in Prime Minister’s Questions rather than that he had any reservations about the OBR moving into the area of employment and unemployment.
To go back to the point of the amendment tabled by my noble friend Lord Eatwell, fiscal policy and economic policy are inextricably linked and the Minister has given us no good reason why the two should be treated entirely separately so far as the charter is concerned. My anxiety is that, unless the Minister provides us with better explanations on these points, the Committee stage will be wasted, because all these amendments will be repeated when the Bill returns to the House. The Minister is failing to make appropriate use of the opportunity that Grand Committee provides for such matters.
Budget Responsibility and National Audit Bill [HL]
Proceeding contribution from
Lord Myners
(Labour)
in the House of Lords on Monday, 29 November 2010.
It occurred during Debate on bills
and
Committee proceeding on Budget Responsibility and National Audit Bill [HL].
About this proceeding contribution
Reference
722 c94GC Session
2010-12Chamber / Committee
House of Lords Grand CommitteeSubjects
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2023-12-15 20:52:23 +0000
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