Part of the debate – in the House of Commons am 12:00 am ar 2 Ebrill 1947.
Mr David Eccles
, Chippenham
12:00,
2 Ebrill 1947
Could the right hon. Gentleman tell us whether the Budget white paper is to be published this year, a few days before the introduction of the Budget, as I think the Chancellor of the exchequer promised last year? It would be of great assistance to Members.
The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
A document issued by the Government laying out its policy, or proposed policy, on a topic of current concern.Although a white paper may occasion consultation as to the details of new legislation, it does signify a clear intention on the part of a government to pass new law. This is a contrast with green papers, which are issued less frequently, are more open-ended and may merely propose a strategy to be implemented in the details of other legislation.
More from wikipedia here: http://en.wikipedia.org/wiki/White_paper
