13 January 2011
Harriett Baldwin has called for a Parliamentary debate on 'black holes' - unfunded commitments made by the previous Government.
Harriett Baldwin (West Worcestershire) (Con): May we have a debate in Government time on black holes? My constituents were extremely alarmed to hear in the media during the recess about almost £20 billion of unfunded tax cuts promised by the Leader of the Opposition.
Sir George Young: I would welcome such a debate. I do not know whether my hon. Friend has looked at The Times or The Guardian today, but apparently at a meeting of the shadow Cabinet, the Leader of the Opposition at last recognised that they had been in deficit denial and they decided to abandon such a policy. I hope that we can have a debate on the black hole and welcome the fact that the Labour party, which was responsible for the black hole, now recognises that. Labour will have no credibility at all until it comes up with some proposals for dealing with it.
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