Thank you, Mr President. Those opposite should tell the Australian people how many schools and hospitals they will close to fill their $70 billion black hole. They are now locked into a pledge for a surplus of one per cent of GDP this year. A $15 billion surplus is what they said. You would have to pay no Medicare next year. You would have to pay no Medicare to anyone in Australia for all of 2012-13 to make the promise you have made.