Proceeding contribution from Kelvin Hopkins (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 thank the hon. Gentleman for giving way, as I indicated a little while ago that I wanted to intervene. The core of the hon. Gentleman's rather rambling round-about speech is squeezing public expenditure—wages, capital investment and other spending programmes. Surely that will deflate the economy and raise the level of unemployment, which will make the problem worse by reducing tax revenues and increasing benefit payments.

Secondary information

Type: Proceeding contribution
Reference: 503 c90-1
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

Fiscal Responsibility Bill

Secondary information

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