Proceeding contribution from Lord Redwood (Conservative) 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
The hon. Gentleman is making a valuable contribution. The reason why things went wrong in the early '90s was that there was a bipartisan policy of basing all the fiscal rules on the exchange rate mechanism—something that I personally opposed, but which most people seemed to think was a good idea. The destruction of that bipartisan approach led to the search for a better answer that he is describing.
Secondary information
- Type
- Proceeding contribution
- Reference
- 504 c338-9
- 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 10:03:18 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_612160
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