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Proceeding contribution from Lord Field of Birkenhead (Labour) in the House of Commons on Tuesday, 5 January 2010. It occurred during Debate on bill on Fiscal Responsibility Bill.


Fiscal Responsibility Bill

I am critical of all the Front Benchers. In the past few days, the official Opposition have been talking about spending new money. It is bizarre beyond belief to think that the health budget can be ring-fenced. It is one of our biggest budgets, and commitments have been given from Government and Opposition Front Benchers about the sanctity of such budgets. It will be impossible for us to balance the books even at the rate that the Chancellor is talking about—I shall discuss in a moment whether that level would be adequate or quick enough—if we decide that some of the largest departmental expenditures will somehow be saved from cuts.


Secondary information

Type
Proceeding contribution
Reference
503 c82 
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
Accountability Borrowing Fiscal policy Economic situation Forecasts National income Public sector Public expenditure Public finance Public sector debt Public sector net cash requirement Standards Tax collection Treasury
Legislation
Fiscal Responsibility Bill 2009-10
Link
View this Proceeding contribution on www.publications.parliament.uk