Sentences with phrase «fiscal rule broken»
Not snakes and spiders in the jungle, but their fiscal rule broken, their economic credibility in tatters, exposed now as incompetent and unfair.
http://www.politics.co.uk/ Not exact matches
It is going to be higher at the end of this Parliament than forecast in the plans he inherited; and no longer falling as a percentage of GDP, it is rising in 2014 - 15 and it is rising again in 2015 - 16 too, breaking the fiscal rule for falling debt upon which this Chancellor said his entire credibility depended.
And now Mr Speaker, the Chancellor is now trying to claim his failure on growth and his failure on borrowing and the debt — breaking his own fiscal rules — he is trying to claim is not his fault.
Did she actually break fiscal rules in order to ensure her re-election in 2014?
He has already broken two of his own fiscal rules, on debt and welfare, and has deferred breaking the third and final pledge — to take the public finances into surplus by the end of this decade — only with the aid of some fantastical arithmetic.
As the Institute of Fiscal Studies has said, «a government that continually promised to tighten in future, but never delivered on those promises, would not technically be judged to be breaking the rule».
He has rightly eschewed cutting even more deeply to make up for slipped targets, even though this means that one of his two fiscal rules has been broken.