20 November 2015
The Conservatives’ 2015 Fiscal Charter: A Wanting Desire for Constitutional Change
The UK Conservatives’ "Charter for Budget Responsibility" has, with the aid of a number of Labour MPs, passed the House of Commons. The charter's intention is that of committing the current and future Governments into running a permanent budget surplus – a sinister attempt to bind future governments as regards fiscal policy. Its inconsistency with the opposition against the EU Fiscal Compact in 2011/12 exposes, though, how much the Conservative's desire to constitutionalize fiscal surplus policy in the UK is wanting. Continue reading >>
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