My question is addressed to the Prime Minister. I remind the Prime Minister of his election campaign speech in November 2007:

… I am saying loud and clear that this sort of reckless spending must stop.

Given the Prime Minister has spent an additional $70 billion since last year’s budget, despite declining revenues, and that tonight his Treasurer will announce a record $58 billion deficit, I ask the Prime Minister: when will Australians stop paying the price for his failure to end Labor’s reckless spending?