They call for enough savings to put
debt on a downward path as a share of the economy, but they include reconciliation instructions that would either achieve only a small fraction of the claimed savings or that would actually worsen the deficit.
Instead, Labour will set out, in our general election manifesto, tough fiscal rules that the next Labour government will have to stick to - to get our country's current budget back to balance and national
debt on a downward path.
And we will set out tough fiscal rules - to balance the current budget and get the national
debt on a downward path.
«Before the next election — when we know the circumstances we will face — we will set out for our manifesto tough new fiscal rules to get our country's current budget back to balance and national
debt on a downward path.
Not exact matches
«But going forward, they're not going to have a lot of extra money in the kitty for new initiatives if they want to keep
debt - to - GDP ratio
on a
downward path,» he said.
The budget's savings, without the economic effects it claims, would stabilize the
debt and put it
on a slightly
downward path, falling from 77 percent of Gross Domestic Product (GDP) in 2017 to 75 percent by 2027.
The Senate budget resolution calls for significant deficit reduction that would put
debt as a share of GDP
on a
downward path, but the most likely part of the budget to be acted
on would widen deficits even further.
And to get Britain's budget back into balance and the national
debt back
on a
downward path, we will set out tough new fiscal rules.