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Proceeding contribution from George Osborne (Conservative) in the House of Commons on Tuesday, 31 March 2009. It occurred during Debate on The Economy.


The Economy

The German Government went into this downturn with a surplus and the scandal is that the Government of whom the right hon. Gentleman was a member, and those at the Cabinet table around which he sat, agreed to spending plans that were completely unaffordable and which left us with the biggest budget deficit of any western economy going into this downturn. He did not fix the roof when the sun was shining and we are all having to pay the price now.


Secondary information

Type
Proceeding contribution
Reference
490 c806 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Debts Banks Capital investment Credit Bank of England Government assistance Financial Services Authority Economic situation International Monetary Fund Loans Regulation Tax avoidance Taxation Economic recession G20 World economy
Link
View this Proceeding contribution on www.publications.parliament.uk