Proceeding contribution from Jeremy Browne (Liberal Democrat) in the House of Commons on Wednesday, 20 January 2010. It occurred during Debate on bill and Committee of the Whole House (HC) on Fiscal Responsibility Bill.
Fiscal Responsibility Bill
My understanding of the Bill is that the deficit does not need to be cut in every year until 2014 but merely needs to be cut by half by 2014. There is then a provision for it to be cut on an annual basis for the following two years. However, it is possible, I suppose, that were Labour to be re-elected, it could dramatically cut the deficit next year and then be inactive for the following three years.
Secondary information
- Type
- Proceeding contribution
- Reference
- 504 c326-7
- Session
- 2009-10
- Chamber / Committee
- House of Commons chamber
- Subjects
- Audit Banks Borrowing Fiscal policy Economic situation Economic policy Economic growth National income Public expenditure Public finance Public sector debt Taxation Economic recession
- Legislation
- Fiscal Responsibility Bill 2009-10
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-11 10:03:15 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_612113
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