Finance (No. 2) Bill

Part of Bill Presented – in the House of Commons at 5:16 pm on 1st April 2014.

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Photo of Jacob Rees-Mogg Jacob Rees-Mogg Conservative, North East Somerset 5:16 pm, 1st April 2014

I am grateful to my hon. Friend for giving way, and grateful, as always, for your splendid ruling, Mr Deputy Speaker. I think that Mr Jones is confusing the structural deficit with the actual deficit. The actual deficit was 11%, although the structural deficit may well have been 7%.