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Proceeding contribution from Roger Williams (Liberal Democrat) in the House of Commons on Wednesday, 30 March 2011. It occurred during Grand Committee proceedings (HC) on The Budget.


The Budget

The right hon. Gentleman’s point about debt relates to the national gross domestic product, not in absolute terms. In absolute terms, the debt was increasing. Indeed, because we had such a big deficit as a result of the Labour Government, that debt was increasing almost geometrically rather than arithmetically.


Secondary information

Type
Proceeding contribution
Reference
WGC c22 
Session
2010-12
Chamber / Committee
House of Commons Grand Committees
Subjects
Business Economic policy Public expenditure Wales Taxation Enterprise zones Budget March 2011
Link
View this Proceeding contribution on www.publications.parliament.uk