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BBCNEWS BBC News March 23, 2022 09:40:00

The gap between its income and its spending depends on how fast the economy is growing. look here, more than £300 billion during the full lockdown of 2020. that is how much the government had to borrow for example to pay people s wages and higher benefits. look how quickly that has come down. it has nearly halved not because of any austerity measures, but civilly because the economy is growing more quickly and that means more tax money coming into the treasury. projected to get down to a much more manageable size in the coming months. one of the things that is actually helping is inflation. for example, the tax thresholds have been frozen. that means that more people are paying higher rates of tax. that means more money for the treasury. what might the measures be in the spring statement that rishi sunak might bring in? one of the things the treasury has already done to help with the cost of living, it says, is the energy bills rebate. it is looking at £9.1 billion, the government sa ....

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BBCNEWS BBC News March 23, 2022 10:23:00

Numbers, can you carry on? yes. and you are digging through the numbers, can you carry on? yes, we saw the borrowing numbers, can you carry on? yes, we saw the borrowing chart numbers, can you carry on? yes, we saw the borrowing chart before i numbers, can you carry on? yes, we saw the borrowing chart before and i saw the borrowing chart before and that was showing how borrowing has come down really rapidly, just because of the rapid economic growth we have had and to some extent down to the inflation. the more inflation takes off, the more the chancellor reaps in higher taxes. these are some of the things he might give back. the treasury says he announced £9.1 billion for a rebate on energy bills that will help most of the country s households with those very tough energy bills up to a point. you are talking about a few hundred pounds, not enough to cover the increase. also, there is national insurance. there is an issue with national insurance thresholds. those have only been ri ....

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MSNBC The 11th Hour With Stephanie Ruhle March 29, 2022 06:17:00

And 9.1 billion in regards to energy. and there s also a household support fund which has been built from 500 million to a localist ortiz are in the best place to identify those who need that additional support. i was the minister of work and pensions throughout the pandemic. and throughout the pandemic, both the chancellor in the prime minister, at no point failed to step up and support the poorest and most disadvantaged in our country. although there s a lot of uncertainty around the energy market in the coming months. and commodity prices and other things. i know the chancellor is keeping a really watchful eye. and the prime minister and the they have nay they have never failed to step up. okay, brace yourself. here comes the partygate question. should the prime minister resign if he is fined? i entirely understand why you asked that question. i understand the huge public interest. i completely understand the considerable upset cause of the events that took place. ....

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BBCNEWS BBC News March 23, 2022 11:06:00

Demand from the global economy reopening, lots of people have to get their goods around, they need petrol and the economic growth is slowing down from that bounce back and we have now got growth lower thanit and we have now got growth lower than it used to be, nevertheless the chancellor is getting more tax partly because of inflation, like vat, you get more of it if inflation goes up. what can he actually do to help families with the cost of living crisis? there are a few measures he will consider that some people have predicted, the treasury have pointed out that they have already spent or committed £9.1 billion to help with energy bills and there is an energy bills rebate which is helping with that, it is a few hundred pounds for households if you are in band a d to council tax, but you may have to pay it back out so it is only a loan. there is a threshold for national endurance, a big rise in national insurance, it ....

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BBCNEWS BBC News March 28, 2022 15:33:00

We secured at the spending review was 7 billion, much of it front loaded to this year and next year, energy costs are rising, 1.4% of a school s budget, the biggest part of the budget is wages but we are keeping an eye on what is happening to energy costs in schools. on send we have put an additional1 billion in so it now stands at 9.1 billion plus an additional 2.6 billion to make sure we deliver that provision we need in the system which is led to a lack of confidence from parents as to whether their child will get the right provision and today s white paper supports mainline schools to all be quite send schools as well. how will poorly performing schools get the brilliant teachers and better professional development he wants because that is what they need? he ....

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