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Proceeding contribution from Jeremy Browne (Liberal Democrat) in the House of Commons on Tuesday, 5 January 2010. It occurred during Debate on bill on Fiscal Responsibility Bill.


Fiscal Responsibility Bill

The hon. Gentleman is right that our debt-to-GDP ratio fell, in a good way, quite markedly after the second world war. Nevertheless, it is still true that we have previously been in territory where that ratio has been well over 100 per cent. We are not in that position at the moment.


Secondary information

Type
Proceeding contribution
Reference
503 c86 
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