House debates Questions without Notice

Budget

Wednesday, 19 September 2012 House of Representatives

Tony Smith

Tony Smith Casey, Liberal Party, Deputy Chairman , Coalition Policy Development Committee

2:55 pm

My question is to the Prime Minister. I refer the Prime Minister to the fact that the government is spending $20 million every day to fund the interest payments alone on the government's debt. How can Australians have any confidence that the government can fund its $120 billion budget black hole when it is already spending $7 billion a year just to fund the interest payments on the government debt alone?

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