House debates

Tuesday, 12 May 2009

Questions without Notice

Economy

2:15 pm

Photo of Kevin RuddKevin Rudd (Griffith, Australian Labor Party, Prime Minister) Share this | Hansard source

brought about by the global recession. The bulk of the remaining one-third in the government’s temporary deficit is through the investment in the infrastructure we need for tomorrow. This is the question that makes those opposite always squirm when asked to answer: if they are not borrowing against the collapse in tax revenue then which portfolios of government—not ‘which programs’—would they cut? Because $200 billion, the equivalent across the forward estimates of something like $50 billion a year, is about equivalent—

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