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Proceeding contribution from Liam Byrne (Labour) in the House of Commons on Tuesday, 20 July 2010. It occurred during Debate on bill on Finance Bill.


Finance Bill

I do not know what figures the hon. Gentleman is looking at, but in the March Budget the fiscal stimulus provided by automatic stabilisers was about 4.4% of GDP. The idea that a fiscal stimulus was not sustained into 2010 is fantasy.


Secondary information

Type
Proceeding contribution
Reference
514 c201 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Annuities Economic situation Economic growth Forecasts Pensions Public sector Public expenditure Unemployment Public sector debt Tax allowances Taxation VAT Uprating Cuts Office for Budget Responsibility
Legislation
Finance Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk