HC Deb 26 November 1930 vol 245 c1305
48. Captain P. MACDONALD

asked the Prime Minister whether the Government has decided to set a limit to the indebtedness of the Unemployment Insurance Fund?

The PRIME MINISTER

This indebtedness is already limited by statute.

Captain MACDONALD

Do we understand that the Government intend to continue to exceed their borrowing powers?

The PRIME MINISTER

We do not exceed our borrowing powers. We can only borrow by leave of the House of Commons.