Budget Resolutions and Economic Situation — Amendment of the Law

Part of the debate – in the House of Commons at 8:29 pm on 25th March 2013.

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Photo of Jonathan Reynolds Jonathan Reynolds Labour, Stalybridge and Hyde 8:29 pm, 25th March 2013

It is a pleasure to follow Paul Uppal. He asked us about the debt to GDP percentage ratio. Looking at the 1996-97 financial year, after 10 years of a Labour Government we not only had a lower debt to GDP percentage ratio, but our deficit was lower.