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Budget Resolutions and Economic Situation — Amendment of the Law

Part of the debate – in the House of Commons at 4:18 pm on 22nd March 2016.

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Photo of George Kerevan George Kerevan Scottish National Party, East Lothian 4:18 pm, 22nd March 2016

Is the hon. Lady aware that the very act of running a budget surplus—that is, putting more in than we take out—forces the public accounts into a situation in which private borrowing increases?