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Proceeding contribution from Lord Newby (Liberal Democrat) in the House of Lords on Monday, 29 November 2010. It occurred during Debate on bill and Committee proceeding on Budget Responsibility and National Audit Bill [HL].


Budget Responsibility and National Audit Bill [HL]

I almost agree with the noble Lord, Lord Turnbull, but it would strike me as slightly odd if at this stage, when the office is being established as the definitive independent forecaster on which the Government are going to base their actions, the Government retained the right the disagree with the OBE and carry on as though it did not exist. In terms of the central forecast, it would be a bit like having a dog and barking yourself. Perhaps the Minister can give us an example of a circumstance in which the Government envisage they might invoke that right.


Secondary information

Type
Proceeding contribution
Reference
722 c111GC 
Session
2010-12
Chamber / Committee
House of Lords Grand Committee
Subjects
Audit Fiscal policy Economic situation Economic policy Forecasts Public expenditure Parliamentary scrutiny Public finance Office for Budget Responsibility
Legislation
Budget Responsibility and National Audit Bill (HL) 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk