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Proceeding contribution from Danny Alexander (Liberal Democrat) in the House of Commons on Thursday, 28 October 2010. It occurred during Debate on Comprehensive Spending Review.


Comprehensive Spending Review

The right hon. Gentleman is certainly right to say that at the end of the spending review public spending will be higher in cash terms than it is at the moment. In real terms, it will go back to the level of about 2008-09, and in terms of a share of gross domestic product to about the level of 2006-07. People need to be realistic about the scale of what is being proposed. The big gainer from the huge deficit that Labour left us with was the department of debt interest, and unfortunately it is the cost of debt interest that we have to meet.


Secondary information

Type
Proceeding contribution
Reference
517 c500 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Cost effectiveness Government departments Economic growth Public expenditure Economic recession
Link
View this Proceeding contribution on www.publications.parliament.uk