Scotland's Economy and Finances

As an amendment to motion S4M-12857 in the name of Gavin Brown (Scotland's Economy and Finances), leave out from "that the Scottish Government" to end and insert "that the Scottish Government’s plans for full fiscal autonomy within the UK would have instant and damaging consequences for Scotland’s economy, with huge funding cuts to areas such as health, education and policing totalling £7.6 billion in additional cuts or tax rises, as confirmed by the Institute for Fiscal Studies; further notes that this would be on top of Conservative austerity plans and that the Scottish Government has set out its intention to adopt Conservative austerity plans in 2015-16; calls on the Scottish Government to publish an updated Outlook for Scotland’s Public Finances on the basis of full fiscal autonomy and an updated oil and gas analytical bulletin before the UK General Election in May 2015, and believes that the only way to avert a £7.6 billion deficit would be to reject full fiscal autonomy within the UK in favour of keeping the block grant and the Barnett formula."