Proceeding contribution from Geraint Davies (Labour) in the House of Commons on Wednesday, 1 December 2010. It occurred during Grand Committee proceedings (HC) on Comprehensive Spending Review.
Comprehensive Spending Review
The recent autumn forecasts for economic growth have been massively pared down since the Conservative-coalition Budget. The current deficit is £30 billion less than was forecast in the pre-Budget report. The answer to the hon. Gentleman’s question is that there would have been more growth, and savings would have been spread out over time, so less harm would have been inflicted on communities and we would not have an extra £6 billion a year cost when unemployment goes up by a million—that is how it adds up.
Secondary information
- Type
- Proceeding contribution
- Reference
- WGC c48
- Session
- 2010-12
- Chamber / Committee
- House of Commons Grand Committees
- Subjects
- Public expenditure Wales
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 20:57:27 +0000
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