HC Deb 15 April 1965 vol 710 c263W
Captain Kerby

asked the Chancellor of the Exchequer what steps he is taking to eliminate, in stages, the National Debt and the tax burdens which its servicing involves.

Mr. Diamond

It is not the Government's policy to eliminate the National Debt, whether by stages or otherwise. The cost of servicing the Debt is always borne in mind.