Proceeding contribution from Stephen Williams (Liberal Democrat) in the House of Commons on Monday, 14 February 2011. It occurred during Debate on bill on Budget Responsibility and National Audit Bill [Lords].
Budget Responsibility and National Audit Bill [Lords]
The hon. Lady is talking about debt being run up for investment. Of course the previous Government put most of that debt off the balance sheet of the Treasury completely and into private finance initiative schemes. They ran up debts to fund current expenditure on public services, and that is why we ended up in a crisis.
Secondary information
- Type
- Proceeding contribution
- Reference
- 523 c777
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Fiscal policy Economic situation Economic policy Forecasts National Audit Office Public finance Public sector debt Office for Budget Responsibility
- Legislation
- Budget Responsibility and National Audit Bill (HL) 2010-12
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 14:58:19 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_715655
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