HC Deb 09 December 1974 vol 883 cc43-4W
Mr. Lawson

asked the Chancellor of the Exchequer whether it is his inten- tion to ensure that the long-term rate of growth of public expenditure does not exceed the long-term rate of growth of the economy as a whole.

Mr. Joel Barnett

I would refer the hon. Member to my right hon. Friend's Budget Statement on 12th November when he said that increases in public expenditure will have to be held below the average increases in national output.

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