Exact(5)
She took a pay cut to come back to the treasury in September 1998 from Smith Kline Beecham, the pharmaceutical conglomerate, because she was excited by the present attempt to put anti-poverty measures at the heart of the treasury's policy agenda.
The Treasury's policy is not to utilise it.
If you're worried (as I am) about the persistence of a weak and potentially deflationary economic environment, then you should be critical of the Treasury's policy.
The best orator in the world would have had trouble explaining the Treasury's policy pirouettes as the credit crisis spiralled last year.
The Treasury's policy of diverting the profits seemed to further its stated goal of winding down the companies, an outcome that some contend could eventually put the housing finance system on a sounder footing.
Similar(55)
Bowen appeared to be referring to an example in August last year in which News Corp tabloids published stories claiming "new modelling" from the parliamentary budget office and treasury showed Labor's policies would increase the tax burden on Australian households by more than $100bn.
She bore the popular abuse she received for removing free milk from primary schools as "Thatcher, the Milk-Snatcher", though the policy was the treasury's, not hers.
And indeed, the lessons of Japan's long stagnation are well known to American policy makers like the treasury secretary, Timothy F. Geithner, and the chairman of the Federal Reserve, Ben S. Bernanke, who have studied Japan's policy missteps.
With the Bank of England's monetary policy committee setting interest rates, the economy is largely outside of the treasury's control.
But this is a Treasury-sponsored policy to save money – why should the Treasury know anything about social housing?
Sir Alastair Morton observes that "treasury policy was to choke off excess demand by forcing BR to raise fares".
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