Orders of the Day — Budget Proposals and Economic Situation

Part of the debate – in the House of Commons at 12:00 am on 5th April 1960.

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Photo of Mr Reginald Maudling Mr Reginald Maudling , Barnet 12:00 am, 5th April 1960

I dealt with that clearly in my speech on the Budget last year, answering precisely the same point as that made by the right hon. Member for Huyton. We do not believe in rushing ahead as fast as they did and running back into another period of inflation and a balance of payments crisis. With the present strain on the economy, what position should we be in now and what sort of Budget should we have to introduce now, if we had followed the advice of the party opposite before the election and even during the election? I do not think they have any status to intervene in this argument.