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Proceeding contribution from Lord Lawson of Blaby (Conservative) in the House of Lords on Wednesday, 10 February 2010. It occurred during Debate on bill on Fiscal Responsibility Bill.


Fiscal Responsibility Bill

Perhaps the noble Lord will allow me to correct him on a point of history. The whole point of the five tests, which were introduced by Mr Gordon Brown when he was Chancellor, was to make him the arbiter of whether we should go into the euro and to prevent Mr Blair moving to bring us in. It was done for political reasons; it had nothing to do with economic analysis. Therefore, it has absolutely no part in this debate.


Secondary information

Type
Proceeding contribution
Reference
717 c760 
Session
2009-10
Chamber / Committee
House of Lords 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