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My hon. Friend was in his place when I intervened on the Opposition spokesman, who seemed to suggest that he did not grasp my point. My point, with which I am sure my hon. Friend will agree, was that one of the first things we did when we got into power in 1997 was prepare for a rainy day by cutting the debt repayments. If we were not preparing for a rainy day by doing that, what were we preparing for?
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