House debates Appropriation Bill (No. 1) 2009-2010; Appropriation Bill (No. 2) 2009-2010; Appropriation (Parliamentary Departments) Bill (No. 1) 2009-2010

Second Reading

Wednesday, 3 June 2009 House of Representatives

Peter Slipper

Peter Slipper Fisher, Liberal Party

5:20 pm

It is shocking, as the honourable member has been kind enough to point out to the chamber. The government talks about temporary debt, but I think this is intergenerational debt. The government is borrowing to spend money now, to throw money out the door in cash splashes, to in effect squander money—to squander the sound economic management of the former government. You will find that children not yet born will be paying this debt back in the future.

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