Tuesday, Dec 05, 2006
Gordon berated for further cooking the figures
The Times Online: Tories warn Chancellor against fresh overhaul of golden rule
“For a Chancellor famous for his stealthy tricks this would be one of the stealthiest tricks of all,” the Shadow Chancellor said. “It would of course destroy any credibility for fiscal prudence that still remains." The golden rule, which means that all of the Government’s non-investment spending over an economic cycle must be paid for by taxes, not borrowing, is now widely seen by economists as badly frayed.
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