The hon. Gentleman is right to say that borrowing levels are higher than predicted by the OBR three years ago, but that is not the same thing as saying that borrowing is higher now than it was. The fact is that at the last Budget the OBR forecast that the deficit was going to be lower this year than it was last year.
Finance (No. 2) Bill
Proceeding contribution from
David Gauke
(Conservative)
in the House of Commons on Monday, 15 April 2013.
It occurred during Debate on bills on Finance (No. 2) Bill.
Type
Proceeding contribution
Reference
561 c55 
Session
2012-13
Chamber / Committee
House of Commons chamber
Librarians' tools
Timestamp
2014-08-20 10:41:52 +0100
URI
http://hansard.intranet.data.parliament.uk/Commons/2013-04-15/13041510000041
In Indexing
http://indexing.parliament.uk/Content/Edit/1?uri=http://hansard.intranet.data.parliament.uk/Commons/2013-04-15/13041510000041
In Solr
https://search.parliament.uk/claw/solr/?id=http://hansard.intranet.data.parliament.uk/Commons/2013-04-15/13041510000041