Mathias Cormann (WA, Liberal Party, Shadow Assistant Treasurer) Share this | Hansard source

Mr President, I have a supplementary question. Given the Minister for Finance and Deregulation has refused to rule out any further unfunded commitments by the Gillard government between now and the next election—and given government revenue is down on the back of lower commodity prices, the increased cost of Labor's promise to credit state royalties, the decision to drop the $15 floor price on carbon, the way government spending commitments are going up and up—how will the government make up that massive budget shortfall? Through more taxes or more debt?