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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

I am grateful to the hon. Gentleman for giving way again. His case on the detail of the UK public finances is there, and we can examine the record. However, I am intrigued. Clearly, the United States is the most important global economy, but it has a higher level of borrowing to GDP and public debt to GDP than we do and its banking system is worse placed than ours. Does the hon. Gentleman therefore advise President Obama to shelve his plans for fiscal stimulus?


Secondary information

Type
Proceeding contribution
Reference
487 c616 
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