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David Heald · Ev46 Treasury Committee: Evidence MEETING THE FISCAL RULES 10. Chart 1.1 (Treasury 2004b, page 4) indicates that the margins on the golden rule are likely to be very

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Page 1: David Heald · Ev46 Treasury Committee: Evidence MEETING THE FISCAL RULES 10. Chart 1.1 (Treasury 2004b, page 4) indicates that the margins on the golden rule are likely to be very
Page 2: David Heald · Ev46 Treasury Committee: Evidence MEETING THE FISCAL RULES 10. Chart 1.1 (Treasury 2004b, page 4) indicates that the margins on the golden rule are likely to be very
Page 3: David Heald · Ev46 Treasury Committee: Evidence MEETING THE FISCAL RULES 10. Chart 1.1 (Treasury 2004b, page 4) indicates that the margins on the golden rule are likely to be very
Page 4: David Heald · Ev46 Treasury Committee: Evidence MEETING THE FISCAL RULES 10. Chart 1.1 (Treasury 2004b, page 4) indicates that the margins on the golden rule are likely to be very