Proceeding contribution from Mark Field (Conservative) in the House of Commons on Wednesday, 12 March 2008. It occurred during Budget debate on AMENDMENT OF THE LAW.

AMENDMENT OF THE LAW

The hon. Gentleman would be guilty of inadvertently misleading the House, too, if he did not point out that general Government net borrowing is now forecast to be 3.2 per cent. of gross domestic product for the year 2008-09, which exceeds the 3 per cent. Maastricht limit for the very first time. It is in that context that my right hon. Friend the Member for Witney (Mr. Cameron) made the case that while the sun was shining the roof was not fixed. We will all see the consequences of that in the years to come.

Secondary information

Type: Proceeding contribution
Reference: 473 c361
Session: 2007-08
Chamber / Committee: House of Commons chamber
Subjects: Budgets Borrowing Economic situation Public sector Taxation Tax yields Budget March 2008
Link: View this Proceeding contribution on www.publications.parliament.uk

AMENDMENT OF THE LAW

Secondary information

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