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Budget Deficit

Volume 507: debated on Tuesday 16 March 2010

22. To ask the Chancellor of the Exchequer what recent estimate he has made of the current and future level of the budget deficit; and if he will make a statement. (322207)

The Chancellor of the Exchequer will provide an update on the Government’s fiscal position, including forecasts for the public finances, at Budget.

The Fiscal Responsibility Act puts a legal obligation on the Government to more than halve the deficit over four years and see debt falling by 2015-16.