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Proceeding contribution from Andrew Pelling (Independent (affiliation)) 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

I assure the Minister that this will be my only turn during this section of our proceedings. He is right to talk about the international context and the problems that the Government faced, but I was concerned to read in The Irish Times yesterday that the banks that we control through Government investment have given €6 billion of support to their Irish subsidiaries. Surely that should not be the Government's responsibility. In terms of the stresses and strains that are put on our own finances, it will impact on whether this Fiscal Responsibility Bill is required.

Secondary information

Type
Proceeding contribution
Reference
504 c370 
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