I have recently been looking at the Government’s debt compared with that in the past and of other countries. Actually, our overall debt is quite low and it would make sense to allow public debt, especially for investment, to rise. We could substitute public debt for private debt and save a lot on revenue spending by the Exchequer.
Treasury and Work and Pensions
Proceeding contribution from
Kelvin Hopkins
(Labour)
in the House of Commons on Monday, 27 November 2006.
It occurred during Queen's speech debate on Treasury and Work and Pensions.
Type
Proceeding contribution
Reference
453 c912 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-15 11:11:18 +0000
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