Nearly £40bn a year on housing benefit | SDP's Ross Baglin on debt, migration and defence
Ross Baglin, interim leader of the SDP, joins Damian Pudner, Director of the Great British Think Tank, to make the case for an "investment state": a government that spends to build things that pay back, rather than on transfers it cannot afford.
They go through the flip from investment to entitlements, a debt interest bill now close to the whole education budget, nearly £40bn a year on housing benefit since the state stopped building homes, the SDP's 50,000 net migration target and its Ascension Island plan for small boats, and a homeland-first defence policy.
The numbers: the DWP projects a…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.