Skip to main content

Proceeding contribution from Ruth Kelly (Labour) in the House of Commons on Wednesday, 26 November 2008. It occurred during Emergency debate on Pre-Budget Report.


Pre-Budget Report

It does. As my hon. Friend knows, that would mean that whatever the Government decided to do as a fiscal stimulus, either spending would have to be restrained or taxes would have to go up in the future. Given that we can use the fiscal stimulus, it is likely that we will pay back less in the future by ensuring that the economy does not suffer some of the permanent damage that might otherwise be inflicted.


Secondary information

Type
Proceeding contribution
Reference
483 c768 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Bank services Banks Credit Budgets Borrowing Investment Financial markets Economic situation Guarantees National income National insurance contributions Public expenditure Loans Public sector debt Taxation VAT World economy Pre-Budget report 2008
Link
View this Proceeding contribution on www.publications.parliament.uk