so the exchequer is being deprived of quite a lot of revenue. it is a sort of automatic balancing, leveling, equalizing of taxation going on across the european union. if one country causes more tax than another, people will go to the other country to get it. >> what else is different about politics? issues like abortion, we have access to abortion in this country. people sometimes debate about the timing. can i have an abortion in this country easily if the child is too far advanced in the womb. you have the religious right promoting it. this whole thing about gun- control is not an issue in this country. it is not a problem for people to have guns in their homes. there is no right to bear arms. the number of people killed by guns in london in a year is probably less than killed in new york in a month. abortion, the right to bear arms, the whole issue of equal partnerships in gay marriage. we have had that for years and years. all of these livestock, ethics issues are not politicized in this country -- lifestyle issues. the british think these

so the exchequer is being deprived of quite a lot of revenue. so there is an automatic balancing or leveling or equalizing of taxation going on in the european union. if one country pays a helluva lot more tax for anything, people will go to another country to get it. >> what else is different? >> we cannot have a religious right. issues like abortion, we have access to abortion in this country. people can debate about the time. you can have an abortion in this -- you cannot have an abortion in this country easily if the child in the womb is too far advanced. there is no idea in this country of their right to bear arms. gun control is not an issue in this country because, actually, they are unusual. out in the country, people need guns to shoot. there are no rights about guns. the number of people that care -- are killed about guns in london in a year is not close to those in new york. the whole issue of civil partnerships and gay marriage, these are not subject of dispute. all of the lifestyle and ethics issues are not politicized in this count

forcing many motorists to go to the republic of ireland to fill their car which is a major loss to the exchequer. would the prime minister consider introducing a similar scheme of a rural scheme in northern ireland? >> i do understand the problems of cross-border issue that he raises and also the problem of fuel smuggling which has been a real problem between northern ireland and the reluctant. the chief secretary of the treasury would have heard what he asked. and obviously we are looking hard at how we can help families and motorists with their fuel and motoring bills. but what i would say is this, everyone should remember the last four increases in fuel duty were all put through from the last labour budget. >> thank you it, mr. speaker. i know like me the prime minister is a fan of the british history in schools. does he think of the political history in the last 13 years are written it will allow pupils to borrow, borrow through the boom or learn from labour's mistakes? >> i hope -- i hope that we can get into the curriculum. the idea that you should fix the roof while the sun is shining. an

on this occasion, he was not talking about the chancellor of the exchequer. this is bonuses over 1 million pounds? it is on the statute book. it is ready to go. why do we not just get on with it? >> that was such a long question that i think the honorable gentleman should be thinking about a television career, and he should get his brother to run in the labor party -- labour party. look, we want greater transparency. he had 13 years to put these rules in place. why did he never get around to what? you know he has got no answer when he starts asking me questions. why do we not have these questions on transparency? >> let me tell the prime minister. he is now in the position of being more of a defender of the bank than even the banks themselves. even the chief executive of the royal bank of scotland went to the committee before christmas, and he said, "if the walker report," which is a report that made recommendations," were to be implemented for the whole industry, i am not arguing against it. i have no great problem with the issue of transparency and would ha

to go into the republic of ireland to fill their vehicles, which is a major loss to the british exchequer. because of the land border, will the prime minister consider introducing in northern ireland a rural rebate scheme similar to that in scotland? >> i understand the cross- border problem that the honorable gentleman raises and that fuel smuggling between northern ireland and the republic has been a real problem. the chief secretary to the treasury would have heard him ask for the expansion of the scheme that was in the budget. obviously, we are looking hard at how we can help families and motorists with their fuel and motoring bills. however, i would say this: everyone should remember that the last four increases in fuel duty were all put through in the last labour budget. >> i know that, like me, the prime minister is a fan of the teaching of british history in schools. does he think that when the political history of the past 13 years is written, it will advise pupils to borrow, borrow and borrow through the boom, or will it advise them to learn from labour's mistakes? >> i hope we

forcing many motorists to go to the republic of ireland to fill their car which is a major loss to the exchequer. would the prime minister consider introducing a similar scheme of a rural scheme in northern ireland? >> i do understand the problems of cross-border issue that he raises and also the problem of fuel smuggling which has been a real problem between northern ireland and the reluctant. the chief secretary of the treasury would have heard what he asked. and obviously we are looking hard at how we can help families and motorists with their fuel and motoring bills. but what i would say is this, everyone should remember the last four increases in fuel duty were all put through from the last labour budget. >> thank you it, mr. speaker. i know like me the prime minister is a fan of the british history in schools. does he think of the political history in the last 13 years are written it will allow pupils to borrow, borrow through the boom or learn from labour's mistakes? >> i hope -- i hope that we can get into the curriculum. the idea that you should fix the roof while the sun is shining. an

as britain's chancellor of the exchequer said, it's a hard road, but it leads to a better future. yet some would argue that reducing government spending, even a small amount, will reduce the quality of our life, but the surest way to lower the quality of life in america is to continue on our current course. spending without restraint, crushing private enterprise, and mortgaging the inheritance of our children. the challenges ahead may be difficult, but the choices we face are not. we need to limit government, control spending and create an environment where the free market can thrive and flourish it's a roadmap our founders laid out more than two centuries ago. there's no doubt it will work again. america's progress is not a thing of the past. we can do this. to achieve this progress we can no longer compromise our nation's founding principles. instead we must fight for, and in so doing hope to find common grounds in doing so. chairman bernanke, i look forward to discussing these and other issues with you today. i look forward to getting your thoughts on how you and the administra

as britain's chancellor of the exchequer said, it's a hard road, but it leads to a better future.argue that reducing government spending, even a small amount, will reduce the quality of our life, but the surest way to lower the quality of life in america is to continue on our current course. spending without restraint, crushing private enterprise, and mortgaging the inheritance of our children. the challenges ahead may be difficult, but the choices we face are not. we need to limit government, control spending and create an environment where the free market can thrive and flourish it's a roadmap our founders laid out more than two centuries ago. there's no doubt it will work again. america's progress is not a thing of the past. we can do this. to achieve this progress we can no longer compromise our nation's founding principles. instead we must fight for, and in so doing hope to find common grounds in doing so. chairman bernanke, i look forward to discussing these and other issues with you today. i look forward to getting your thoughts on how you and the administration, you're wor

as britain's chancellor of the exchequer said, it's a hard road, but it leads to a better future. some would argue that reducing government spending, even a small amount, will reduce the quality of our life, but the surest way to lower the quality of life in america is to continue on our current course. spending without restraint, crushing private enterprise, and mortgaging the inheritance of our children. the challenges ahead may be difficult, but the choices we face are not. we need to limit government, control spending and create an environment where the free market can thrive and flourish it's a roadmap our founders laid out more than two centuries ago. there's no doubt it will work again. america's progress is not a thing of the past. we can do this. to achieve this progress we can no longer compromise our nation's founding principles. instead we must fight for, and in so doing hope to find common grounds in doing so. chairman bernanke, i look forward to discussing these and other issues with you today. i look forward to getting your thoughts on how you and the administration