Parliamentary Search

Proceeding contribution from George Osborne (Conservative) in the House of Commons on Wednesday, 18 March 2009. It occurred during Opposition day on The Economy.

The Economy

I struggle to understand the hon. Gentleman’s position. In November—that is, post the Lehman Brothers collapse and post the drop-off in demand across the world—he said, when talking about a stimulus, that it""should be funded. There are dangers in doing what I believe the Government propose, which is to have an unfunded tax cut, which I understand would be financed by Government borrowing…We need a stimulus that will be funded"—[Official Report, 10 November 2008; Vol. 482, c. 499.]"

Secondary information

Type
Proceeding contribution
Reference
489 c958 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Debts Business Banks Advisory services Borrowing Finance Financial services Financial institutions Government departments Income Government assistance Financial markets Government shareholding Economic situation Pay Public expenditure Mortgages Pension funds Monetary policy Regulation Taxation VAT Unemployment Government guaranteed credit Loan guarantee scheme
Link
View this Proceeding contribution on www.publications.parliament.uk