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

If you look at the figures on budget night, we reduced peak debt by some $300 billion, which is exactly what the people elected this government to do, to bring debt down. That is exactly what we are doing. They elected us to fix that debt and deficit disaster that members opposite left us that was going to saddle each and every Australian man, woman and child with $25,000 of debt. I am pleased with our budget, including the fuel excise indexation, because that is exactly what we need to get rid of the debt and deficit monkey.

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