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Proceeding contribution from Bill Esterson (Labour) in the House of Commons on Monday, 11 October 2010. It occurred during Debate on bill on Finance (No. 2) Bill.


Finance (No. 2) Bill

I am sure that I did not mention the US economy, but we can check that in Hansard later. I want to pick up the point about capital investment. We need to be clear about the differences between the two sides on that issue. We Labour Members were clear that we would keep Building Schools for the Future and a number of other major projects going. We were looking at a long-term process for reducing the deficit. Those on the Government Benches proposed cutting all capital spending more or less straight away.


Secondary information

Type
Proceeding contribution
Reference
516 c100 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Corporation tax Banks Capital investment Borrowing Film Financial institutions Economic situation Public expenditure Public sector debt Small businesses Tax allowances Taxation VAT Trusts Tax rates and bands Real estate investment trusts Enterprise investment scheme
Legislation
Finance (No. 2) Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk