OBR to discuss risks to public finances with MPs
Officials from the Office for Budget Responsibility (OBR) will appear before the Treasury Committee in a two-part session next Tuesday morning.
Meeting details
First, the Chair of the OBR will discuss the Fiscal Risks and Sustainability Report alongside Budget Responsibility Committee (BRC) members, Tom Josephs and Professor David Miles.
This will then be followed by a separate re-appointment hearing to approve or veto the appointment of Richard Hughes as Chair of the OBR for a second and final five-year term of office.
In the first part of the session, Members of the Committee are likely to scrutinise the areas which the OBR has highlighted in this year’s report, including three key risks to the public finances: pensions, public sector debt and climate change. MPs may also choose to question witnesses on the impact of recent changes to the Government’s spending plans.
In the second half, the Committee will consider Mr Hughes’ reappointment against its usual criteria of personal independence and appropriate professional competence.