Senate debates Matters of Public Importance

Taxation


Christopher Back

Christopher Back WA, Liberal Party

5:28 pm

It is a bit rich to be lectured at by a senator from the Labor Party. When in government, they inherited not only a surplus in 2007 but about $40 billion in the bank, and they passed over a debt of $200 billion. We know we are having to borrow offshore $400 million a day—$1.2 billion a month—to repay Labor's debt.

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