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Public Expenditure

Volume 461: debated on Thursday 14 June 2007

17. To ask the Chancellor of the Exchequer what assessment he has made of the effect on public expenditure of the fiscal rules; and if he will make a statement. (142580)

The fiscal rules have enabled the Government to make historic increases to investment in public services—overcoming the decades of underinvestment before 1997 and helping secure improvements in services—while simultaneously delivering a decade of sustained growth alongside low and stable inflation.