Proceeding contribution from Geraint Davies (Labour) in the House of Commons on Tuesday, 22 March 2011. It occurred during Debate on bill on Budget Responsibility and National Audit Bill [Lords].

Budget Responsibility and National Audit Bill [Lords]

The Bill states:"““It is the duty of the Office to examine and report on the sustainability of the public finances.””" The sustainability of public finances involves three factors: tax, spend and growth. In tomorrow's Budget, the Chancellor is expected to say, ““This is a Budget for growth with very little change in tax and spend,”” but it would be remarkable and ridiculous if two massive parts of the sustainability of public finances were not properly accommodated within the OBR.

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Type: Proceeding contribution
Reference: 525 c887
Session: 2010-12
Chamber / Committee: House of Commons chamber
Subjects: Disclosure of information Audit Budgets Fiscal policy Economic growth Powers Public expenditure National Audit Office Public finance Treasury Social policy Office for Budget Responsibility
Legislation: Budget Responsibility and National Audit Bill (HL) 2010-12
Link: View this Proceeding contribution on www.publications.parliament.uk

Budget Responsibility and National Audit Bill [Lords]

Secondary information

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