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Home Publications Green Budget 2013: Public finances, outlook and risks

Green Budget 2013: Public finances, outlook and risks

Carl Emmerson, Soumaya Keynes and Gemma Tetlow
Book chapter
Chapter published in the Green Budget 2013

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Observation
The Chancellor and Shadow Chancellor have both outlined the fiscal targets that they would seek to adhere to. Mr Javid has chosen to adopt a forward-looking rolling target aimed at current budget balance. In other words, day-to-day spending could not exceed total revenues. This is very similar in ...