Chris Williamson
Main Page: Chris Williamson (Independent - Derby North)Department Debates - View all Chris Williamson's debates with the HM Treasury
(11 years, 6 months ago)
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Chris Williamson (Derby North) (Lab)
The Prime Minister assured us that by 2015 the books would be balanced. Is it not a fact that as a consequence of the Chancellor’s abject economic failure we are now looking at the deficit reaching £96 billion by 2015? What does the Financial Secretary have to say about that?
Greg Clark
I have followed the hon. Gentleman’s interventions over time and he should be familiar, as we all are, with the study from the Institute for Fiscal Studies that made it very clear that if the policies of his party had continued, the debt would be £200 billion higher.