If the hon. Gentleman will allow me to finish, I will allow him to intervene again. Steady down.
This is about the size of the national debt and the deficit and their relationship to our AAA rating. If we had not taken the action that we did, it is likely that we would have lost that rating, which would have made all our interest costs considerably higher and the deficit massively bigger, causing the country even greater problems.
Finance (No. 2) Bill
Proceeding contribution from
Brian Binley
(Conservative)
in the House of Commons on Monday, 11 October 2010.
It occurred during Debate on bills on Finance (No. 2) Bill.
About this proceeding contribution
Reference
516 c80-1 Session
2010-12Chamber / Committee
House of Commons chamberSubjects
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2023-12-15 18:13:33 +0000
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