| Comment | I'm sorry but you're just wrong. Year to date, the job retention scheme alone has cost in the region of £80bn (never mind the business grants, support for the self employed, income tax and NI holidays). We spend around £2bn a year on Trident - not trillions - and the entire defence budget is around £40bn. If we were to stop all defence spending tomorrow with no surprise costs, we could pay for another 3-4 months of furlough. That is the scale of the hole that COVID has blown in our public finances. So no, there isn't more than enough tax money to go around and we will need to pay for this at some point. |
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