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Proceeding contribution from Chris Huhne (Liberal Democrat) in the House of Commons on Monday, 2 February 2009. It occurred during Opposition day on Government Capital Expenditure.


Government Capital Expenditure

Is my hon. Friend as astonished as I am at the surprise that Conservative and Labour Members are showing towards the principle that he is proposing, given that that principle is put into practice by the most fiscally conservative Government in Europe, namely the German Government, who call it the golden rule? Matching borrowing with capital spending is a sound principle of public finance.


Secondary information

Type
Proceeding contribution
Reference
487 c601 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Banks Construction Capital investment Housing Finance Fiscal policy Economic situation International Monetary Fund Public expenditure Schools Economic recession
Link
View this Proceeding contribution on www.publications.parliament.uk