 |
Senior Member
|
|
Join Date: May 2006
Posts: 186,725
|
|
Senior Member
Join Date: May 2006
Posts: 186,725
|
12:58[Chancellor says it will take decades
to pay back COVID borrowing
"The amount we’ve borrowed is only
comparable with the amount we borrowed
during the two world wars," Rishi Sunak explains.
"It is going to be the work of many governments,
over many decades, to pay it back.
"Just as it would be irresponsible to
withdraw support too soon,
it would also be irresponsible to allow
our future borrowing and debt to rise unchecked.
When crises come, we need to be able to act.
"And we need the fiscal freedom to act.
A freedom that you only have if you start
with public finances in a good place."]
Last edited by arista; 03-03-2021 at 12:02 PM.
|