Tony Abbott (Warringah, Liberal Party, Prime Minister) Share this | Hansard source

We are spending a billion dollars in interest alone every month. That is a billion dollars in dead money because of the spending spree of the former government. Thanks to this budget, we will be in a situation that is very close to balanced by 2017-18 and gross debt will be $300 billion less—

Mr Dreyfus interjecting—

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