Proceeding contribution from Stewart Hosie (Scottish National Party) 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]

Unfortunately that is not quite true, because the bulk of the capital expenditure took place through private finance initiative. If memory serves, the outstanding balance on the credit card for that is £200 billion—of which, under the Labour Government, two thirds was off the balance sheet.

Secondary information

Type: Proceeding contribution
Reference: 525 c895
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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