Steven Ciobo (Moncrieff, Liberal Party, Parliamentary Secretary to the Treasurer) Share this | Hansard source

The other extraordinary thing, as I stand here at the dispatch box, is that opposition members are interjecting, but they want to put up the debt ceiling. Well, der, Labor members; because you are the people who in this current situation are now arguing against a $13 billion reduction in expenditure. We are trying to reduce expenditure by $13 billion. The Labor Party is opposing a reduction in expenditure.

The Labor Party is opposing a reduction in expenditure and they are saying, 'But hang on—why do you want to increase the debt ceiling?' Well, it is because lunatics like the Australian Labor Party want to keep taxing and spending and taxing and spending, and borrowing and spending and borrowing and spending. That is the reason, and it is the exact reason why, as a government, we are determined to make sure that the Labor Party—

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