House debates Questions without Notice

Economy

Monday, 16 June 2014 House of Representatives

Tony Abbott

Tony Abbott Warringah, Liberal Party, Prime Minister

2:07 pm

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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