HC Deb 11 November 1976 vol 919 cc647-8
10. Mr. Tebbit

asked the Chancellor of the Exchequer if he will define the meaning of the word "cut" as he applies it to public expenditure, making plain if he regards it as meaning either: (a) reduction from a projected level of future expenditure to one higher than the current level of such expenditure or (b) reduction from the level of expenditure currently being incurred.

Mr. Joel Barnett

My definition of the word "cut" would be the same as that given in the Oxford English Dictionary. In 1977–78 there will be a reduction from the level of expenditure currently being incurred.

Mr. Tebbit

But does the right hon. Gentleman's definition of "cut" encompass measures to maintain the programme of the Government's spending for next year at the levels that have already been planned and announced?

Mr. Barnett

The hon. Gentleman had obviously prepared that supplementary question before hearing my answer. I indicated that the level of expenditure in 1977–78 would be lower than the current level.