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

Labor's ratio of debt and deficit was 120 per cent. The official Treasury advice is that under the policies of members opposite this is where debt and deficit was going. Debt was going to 120 per cent of GDP and deficit was going to 12 per cent of GDP. That is where debt and deficit were going under Labor. The ouzo economists opposite might shout and scream. They might carry on—

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