"My first rule - the golden rule - ensures that over the economic cycle the Government will borrow only to invest, and that current spending will be met from taxation."

3 likes

Source: Hansard, 6 ser., vol. 297 col. 304, July 2, 1997.

About the author

Gordon Brown

Politician

Gordon Brown is a British politician and former Prime Minister, known for his focus on economic reform and social justice.

All quotes by Gordon Brown →

Same author

More quotes by Gordon Brown

See all →
Gordon Brown Politician

"I believe there is a moral sense and a global ethic that commands attention from people of every religion and every faith, and people of no faith. But I think what's new is that we now have the capacity to communicate instantaneously across frontiers right across the world."

Read quote