House debates Questions without Notice

Economy

Wednesday, 17 August 2011 House of Representatives

Ms Julie Bishop

Ms Julie Bishop Curtin, Liberal Party, Deputy Leader of the Opposition

2:10 pm

My question is to the Prime Minister. I refer to the forecast by former Department of the Prime Minister and Cabinet economist Su-Lin Ong that the budget will be in deficit in 2012-13 by an amount of $5 billion. Does the Prime Minister stand by her commitment that, when it comes to delivering a surplus:

Failure is not an option.

And:

… no ifs no buts it will happen.

Or will that commitment end up on the same scrap heap as her claims:

The Labor Party is the party of truth telling.

And:

There will be no carbon tax under the government I lead.

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