I wonder whether part of the disagreement between us is definitional. The Chief Secretary has said that some of the structural deficit we face is the result of the actions taken by the Government to protect people and citizens from the effects of the recession. In my definition, that is part of the cyclical deficit we face, not the structural deficit. Can we be clear about that?
Pre-Budget Report
Proceeding contribution from
Lord Hammond of Runnymede
(Conservative)
in the House of Commons on Thursday, 7 January 2010.
It occurred during Debate on Pre-Budget Report.
Type
Proceeding contribution
Reference
503 c305
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-08 16:38:14 +0000
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