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"id": 737608,
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"type": "speech",
"speaker_name": "Hon. (Eng.) Gumbo",
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"legal_name": "Nicholas Gumbo",
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"content": "money other than money which people earn themselves. If the State wishes to spend more it can do so only by borrowing your savings or by taxing you more, it is no good thinking that someone else will pay – that “someone else” is you. There is no such thing as public money; there is only taxpayers’ money.” PAC derives its mandate from Standing Order No. 205(2) of the National Assembly, which provides: “The Public Accounts Committee (PAC) shall be responsible for the examination of the accounts showing the appropriations of the accounts showing the appropriations of the sum voted by the House to meet the public expenditure and of such other accounts laid before the House as the Committee may deem fit.”"
}