UK Parliament / Open data

Charter for Budget Responsibility

Proceeding contribution from Kit Malthouse (Conservative) in the House of Commons on Monday, 6 February 2023. It occurred during Debate on Charter for Budget Responsibility.

I guess the issue is: whose forecasts are they? If the OBR produces forecasts and Treasury officials say, “Well, Chancellor, we have looked over the forecasts and we think they are right,” that is qualitatively different, in the public’s mind, to the Treasury producing a forecast and the OBR saying to the public, “Well, we have looked over them and we think they are right.”

While it does say that the Treasury reserves the right to disagree with the OBR, the nature of the iterative process presumably means that will never happen, because they agree before anything is published.

Type
Proceeding contribution
Reference
727 c737 
Session
2022-23
Chamber / Committee
House of Commons chamber
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