Proceeding contribution from David TC Davies (Conservative) in the House of Commons on Wednesday, 30 March 2011. It occurred during Grand Committee proceedings (HC) on The Budget.
The Budget
I am amazed by what I have heard today. This was not so much a history of finances, but more akin to Grimm’s fairytales. Allow me to explain my understanding of the economics of the last 10 years or so. When the Labour party came into Government in 1997 we had a national debt of around £350 billion. I fully accept that that was too high, but the important thing was that the deficit—
Secondary information
- Type
- Proceeding contribution
- Reference
- WGC c29
- 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
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- 2023-12-15 21:09:25 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_735291
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