It is very kind of the Minister finally to give way. I want to take him back to his suggestion that the Government have credible plans to deal with the deficit. He and the rest of the Government are virtually on their own if they really believe that. Goldman Sachs says:""The plans laid out by the UK government…do not represent a credible fiscal consolidation plan.""
Citigroup says that the pre-Budget report""does not produce credible and detailed plans to return the UK to a sustainable fiscal stance in coming years"."
On the key point that the Minister made earlier that we were advancing our cuts faster than the Government would do, I should like to quote Richard Lambert:""Our strong instincts are that the risks of going too soon are less than the risks of waiting too long"."
Fiscal Responsibility Bill
Proceeding contribution from
Lord Tyrie
(Conservative)
in the House of Commons on Wednesday, 20 January 2010.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Fiscal Responsibility Bill.
Type
Proceeding contribution
Reference
504 c343 
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-11 10:03:19 +0000
URI
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