When pressed on the possible difficulties of fiscal autonomy, the reaction of Scottish National Party Members is to point to the tremendous new levels of growth that will be achieved by the Scottish economy, and the added GDP that will flow from their enlightened measures. They are not the first politicians I have heard attribute those kinds of consequences to their economic policy. If their policy fails, they imply that any deficit would be the liability of the UK Government and the British taxpayer. Will my right hon. Friend assure me that a fiscal framework, which is still to be achieved, will include some real fiscal discipline? We cannot have an unsuccessful devolved Government running up enormous additions to the United Kingdom’s debt and deficit.
Scotland Bill
Proceeding contribution from
Lord Clarke of Nottingham
(Conservative)
in the House of Commons on Monday, 15 June 2015.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Scotland Bill.
About this proceeding contribution
Reference
597 c88 Session
2015-16Chamber / Committee
House of Commons chamberSubjects
Librarians' tools
Timestamp
2015-06-16 13:46:40 +0100
URI
http://hansard.intranet.data.parliament.uk/Commons/2015-06-15/15061523000182
In Indexing
http://indexing.parliament.uk/Content/Edit/1?uri=http://hansard.intranet.data.parliament.uk/Commons/2015-06-15/15061523000182
In Solr
https://search.parliament.uk/claw/solr/?id=http://hansard.intranet.data.parliament.uk/Commons/2015-06-15/15061523000182