In overseas payments we are in a Deficit Crisis worse than 1949, and in many ways worse than even 1947.

There are serious worries that mental health trusts will bear the brunt of the Current Deficit Crisis, just as the new mental health trusts inherited many of the worst overdrafts after the last restructuring of services - a point mentioned bythe right hon. Member for Oxford, East (Mr. Smith).

When the scale of the Deficits Crisis did become known - this is where I will take the Government to task - the Government argued that job losses in NHS trusts and acute hospital settings were broadly justified by the shift in emphasis towards care in the community.

Secondly, and more importantly, the Labour Government's system for solving the Deficit Crisis has impacted adversely on the finances of all trusts and, consequently, on front-line services to patients.

The hon. Member for Sheffield, Hallam (Mr. Clegg) mentioned problems in his constituency with the Deficit Crisis.

The only way out of This Deficit Crisis is a strong, private sector-led recovery.

The House has completely failed to control the massive growth in public expenditure that has led to the Deficit Crisis that we now face, and as for protecting the liberties of the individual, I am afraid I think that most of our constituents would feel that the House has been found wanting.

The human effect of dealing with the Deficit Crisis is not something that the Government can take lightly.

Instead of considering the matter from the point of view of its inequity, we should consider it in the context of achieving a resolution to the Deficit Crisis.

That is to say, if the Government's policy comes right, the debt falls and Deficit Crisis is met, we could then celebrate the success of the policy.

The Deficit Crisis we inherited has inevitably meant that some funding streams have had to be ended.

I should like to spend a couple of minutes on the Deficit Crisis, inter-generational debt and competitiveness.

Does that not reconfirm the international markets' confidence in this country's ability to pay its debts and the Chancellor's programme to tackle Labour's Deficit Crisis?

It marked a major milestone, for it is now clear that average incomes in Northern Ireland are back from the pit they were in prior to Labour's Deficit Crisis.