I am just coming on to my view, which is exactly the same as that of the Governor of the Bank of England, the person who is in charge of monetary policy. The Chancellor is in charge of fiscal policy in this country; the Governor of the Bank of England is in charge of monetary policy. It is the view of the Governor that we should eliminate a large part of the structural deficit in the next Parliament and that is precisely my view as well.
Fiscal Responsibility Bill
Proceeding contribution from
George Osborne
(Conservative)
in the House of Commons on Tuesday, 5 January 2010.
It occurred during Debate on bills on Fiscal Responsibility Bill.
Type
Proceeding contribution
Reference
503 c77
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-11 10:02:41 +0000
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