text_body: --- DIVISION TITLE ---
  
  Deferred Divisions - Charter for Budget Responsibility
  
  --- MOTION EFFECT ---
  
  
  The motion supported by the majority of MPs taking part in this vote was:
  
  :That [http://data.parliament.uk/DepositedPapers/Files/DEP2015-0739/PU1849_OBR_charter_autumn_update_final_web.pdf the Charter for Budget Responsibility: autumn 2015 update] which was laid before the House on 12 October, be approved.
  
  The Charter for Budget Responsibility: autumn 2015[1] update states
  
  :The Treasuryâs objectives for fiscal policy are to:
  :* ensure sustainable public finances that support confidence in the economy, promote intergenerational fairness, and ensure the effectiveness of wider  government policy 
  :* support and improve the effectiveness of monetary policy in stabilising 
  economic fluctuations 
  
  Under the heading "Mandate for fiscal policy" the document states:
  
  In normal times, once a headline surplus has been achieved, the Treasuryâs mandate for fiscal policy is:
  :* a target for a surplus on public sector net borrowing in each subsequent year
  :For the period outside normal times from 2015-16 the Treasuryâs mandate for fiscal policy is:
  :* a target for a surplus on public sector net borrowing by the end of 2019-20
  
  For this period until 2019-20, the Treasuryâs mandate for fiscal policy is supplemented by:
  :* a target for public sector net debt as a percentage of GDP to be falling in each year
  
  See also:
  
  [http://www.publicwhip.org.uk/division.php?date=2015-01-13&number=129 Vote on  Charter for Budget Responsibility: Autumn Statement 2014 Update] â 13 Jan 2015.
  
  ==
  
  
  * [1] [http://data.parliament.uk/DepositedPapers/Files/DEP2015-0739/PU1849_OBR_charter_autumn_update_final_web.pdf]
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  