Mentions
What was said, and which frame it usedEvery item the dashboard counts, newest first. The marked words are the phrases that made it count; the tags say whether it used an opposing frame, an MMT-consistent idea, or named MMT. These are keyword matches: whether an item endorses or attacks an idea is shown once our classifier's accuracy is published.
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Public Borrowing for Defence
My Lords, the real reason that we are struggling to fund our defence commitments is that, having loaded £3 trillion of debt on to the nation’s credit card, we are now left with a monthly interest bill running at £11 billion. That is equivalent to double our spending on defence. The Chancellor is telling us that fiscal discipline is his top priority, so does the Minister agree that the bond markets will take a very dim view if we resort to yet more borrowing to fund defence?
- Opposing frame: How will you pay for it?
- Opposing frame: Maxed-out credit card
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Sporting Events Bill [HL] (First sitting)
…British sport stands to lose if we undermine the commercial model that supports it. The question for the Liberal Democrats is simple: if their amendments put that income at risk, who will replace it? Where will the money come from to support sports clubs, maintain facilities and give young people the opportunity to participate in sport? I appreciate that their amendments start with major events hosted under the framework for which the Bill provides, but once the precedent is set and the likes of UEFA cannot sell their broadcast rights at market value, the effects will begin to pass from the…
- Opposing frame: How will you pay for it?
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Inheritance Tax
…driving down waste and driving up efficiency in the public sector, with a 16% reduction in departmental admin budgets by the end of the spending review period. We are reprioritising spending so that taxpayers’ money is spent on their priorities, cancelling digital ID in order to remove VAT from household electricity bills, reprioritising Ministry of Housing, Communities and Local Government spending to help tackle homelessness and bringing the national bus cap down to £2 for 2027, funded by savings from the Department for Energy Security and Net Zero. We are reforming the welfare system thr…
- Opposing frame: How will you pay for it?
- Opposing frame: Taxpayers' money
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International Update
…sel prices have hit £2 a litre for the first time ever. Against that backdrop, the Chancellor will deliver a Budget in two weeks. The Institute for Fiscal Studies has said that there is a £35 billion black hole in the public finances. More borrowing or more taxes are on the way, because we know that the Prime Minister will not cut spending. This is at a time when families and businesses are already suffering under the weight of £70 billion in Labour’s tax rises. So what has the Prime Minister chosen to focus on today? Brexit. His exact words earlier this year were that “the last thing we sho…
- Opposing frame: Fiscal black hole
- Opposing frame: How will you pay for it?
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Pupils with SEND: Mainstream Schools
Six months ago, the previous Secretary of State revealed the Government’s plan to carry out SEND reforms. Since then, we have had a new Prime Minister and a new Secretary of State, who last week stated her intention to carry out those reforms. Yet there has been little detail on how the Government will fill the £2 billion black hole in the SEND budget, despite fiscal pressures on the Government continuing to increase, as we all know. When will the legislation come to the House, and where will the money come from? Parents, teachers and children deserve answers.
- Opposing frame: Fiscal black hole
- Opposing frame: How will you pay for it?
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Fiscal Outlook
…approaching £3 trillion. Yet he has already run up a potential bill of more than £50 billion while proposing further uncosted public ownership. Nationalising water alone could cost some £140 billion. Where will the money come from? Will the Prime Minister break his pledge and Labour’s manifesto commitment not to raise taxes? The tax burden, as we have heard before, is already at a record high. Any further increases will discourage hiring, investment and entrepreneurship and accelerate capital flight. Some 27,300 high net worth individuals and 6,000 business owners have left Britain in the la…
- Opposing frame: Fiscal black hole
- Opposing frame: How will you pay for it?
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Access to Culture
Celebrating culture as a community can be an incredibly unifying experience, and many people will have enjoyed Notting Hill carnival this weekend, but 636 people were arrested for crimes including sexual offences and possession of weapons. Last year, it cost about £16 million just to police the carnival, and this year a further £4.6 million of taxpayers’ money was provided for additional safety measures. Given those figures, are the Minister and the Secretary of State satisfied that this particular cultural event represents good value for taxpayers? What discussions is the Secretary of State…
- Opposing frame: How will you pay for it?
- Opposing frame: Taxpayers' money
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EU Membership Referendum: Impact on the UK
…but, with the rebate, the net contribution was £9.4 billion in the last year of membership. Our latest contribution was £103 million. To all those people who advocate for rejoining or for the reset, where will the money come from? Will it come out of defence or welfare, or will there be more taxation to generate the extra revenue needed once we start making increased contributions to the European Union? There is also the myth-making. There is a myth that there were no small boats until Brexit—what rubbish. The small boats started in 2018, before we left, and by 2020 there were more than 8,5…
- Opposing frame: How will you pay for it?